We are live on ! Find out more
MUC icon

BlackRock MuniHoldings California Quality Fund
MUC

92 hedge funds and large institutions have $263M invested in BlackRock MuniHoldings California Quality Fund in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

2.66% more ownership

Funds ownership: 25.54% → 28.2% (+2.7%)

2% more funds holding

Funds holding: 90 → 92 (+2)

3% less capital invested

Capital invested by funds: $270M → $263M (-$7.34M)

23% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 30

Holders
92
Holders Change
+2
Holders Change %
+2.22%
% of All Funds
1.46%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
12
Increased
23
Reduced
30
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$19.6M
2
KIM
Karpus Investment Management
New York
+$5.54M
3
RCM
Rivernorth Capital Management
Florida
+$5.16M
4
AA
AQR Arbitrage
Connecticut
+$2.69M
5
BPCM
Beach Point Capital Management
California
+$796K

Top Sellers

Rank Fund Capital Flow
1
PCM
Penserra Capital Management
California
-$2.55M
2
Morgan Stanley
Morgan Stanley
New York
-$1.24M
3
SCA
Snowden Capital Advisors
New York
-$1.08M
4
HWAM
Hennion & Walsh Asset Management
New Jersey
-$1.01M
5
UBS Group
UBS Group
Switzerland
-$973K
Name Holding Trade Value Shares
Change 		Change in
Stake
AFA
51
Arlington Financial Advisors
California
$242K – – –
KWS
52
Keystone Wealth Services
California
$235K – – –
Wealth Enhancement Advisory Services
53
Wealth Enhancement Advisory Services
Minnesota
$235K +$257K +24,529 New
IWC
54
Integrated Wealth Concepts
Massachusetts
$230K -$6.46K -617 -3%
Stifel Financial
55
Stifel Financial
Missouri
$221K -$56.5K -5,398 -19%
RWM
56
Ritholtz Wealth Management
New York
$220K +$241K +23,029 New
Northwestern Mutual Wealth Management
57
Northwestern Mutual Wealth Management
Wisconsin
$214K – – –
PWM
58
Perigon Wealth Management
California
$198K -$199K -18,987 -48%
RJA
59
Raymond James & Associates
Florida
$194K -$131K -12,525 -38%
SMWM
60
Silvia McColl Wealth Management
California
$193K – – –
FFA
61
First Foundation Advisors
California
$190K – – –
CIA
62
Capital Investment Advisors
Georgia
$184K – – –
Creative Planning
63
Creative Planning
Kansas
$182K -$18.1K -1,732 -8%
BRWA
64
B. Riley Wealth Advisors
Florida
$181K -$69.9K -6,677 -26%
LGWM
65
Litman Gregory Wealth Management
California
$168K +$184K +17,600 New
TWP
66
Tempus Wealth Planning
California
$154K – – –
RIA
67
Realta Investment Advisors
Delaware
$148K – – –
Envestnet Asset Management
68
Envestnet Asset Management
Illinois
$146K +$160K +15,304 New
WJWM
69
Williams Jones Wealth Management
New York
$146K +$160K +15,275 New
WDC
70
Woodward Diversified Capital
California
$145K – – –
MA
71
MKT Advisors
California
$137K -$6.8K -650 -4%
KW
72
KWB Wealth
California
$130K – – –
ACI
73
Alpha Cubed Investments
California
$127K – – –
Northern Trust
74
Northern Trust
Illinois
$124K – – –
RJFSA
75
Raymond James Financial Services Advisors
Florida
$124K -$8.37K -800 -6%
1 2
3
4 5

MUC Hedge Fund Activity: Q3 2023 in Review

92 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q3 2023, worth a combined $263M — down 2.7% from $270M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new MUC positions and 10 closed out — a net gain of 2 holders — while 23 added to existing stakes and 30 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $19.6M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $2.55M sold.

  • 92 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q3 2023, up from 90 in Q2 2023.
  • Funds reported $263M of BlackRock MuniHoldings California Quality Fund stock for Q3 2023, down 2.7% quarter-over-quarter.
  • 12 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q3 2023 and 10 closed out, a net change of +2 holders.
  • The largest BlackRock MuniHoldings California Quality Fund buyer in Q3 2023 was Saba Capital Management, an estimated $19.6M added.
  • The largest BlackRock MuniHoldings California Quality Fund seller in Q3 2023 was Penserra Capital Management, an estimated $2.55M sold.

Based on aggregated 13F filings for Q3 2023.