BlackRock MuniHoldings California Quality Fund
93 hedge funds and large institutions have $226M invested in BlackRock MuniHoldings California Quality Fund in 2022 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 41 increasing their positions, 5 reducing their positions, and 7 closing their positions.
720% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 5
514% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 7
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
104% more capital invested
Capital invested by funds: $111M → $226M (+$116M)
63% more funds holding
Funds holding: 57 → 93 (+36)
1.28% less ownership
Funds ownership: 20.72% → 19.43% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$20.7M |
| 2 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
+$16.3M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$14.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$12.1M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Karp Capital Management
Sausalito,
California
|
-$1.31M |
| 2 |
AWS
Atria Wealth Solutions
New York
|
-$549K |
| 3 |
IC
Intersect Capital
San Ramon,
California
|
-$494K |
| 4 |
MCA
Magnolia Capital Advisors
Jackson,
Mississippi
|
-$222K |
| 5 |
SAMC
Spectrum Asset Management (California)
Newport Beach,
California
|
-$213K |
MUC Hedge Fund Activity: Q2 2022 in Review
93 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q2 2022, worth a combined $226M — up 104% from $111M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new MUC positions and 7 closed out — a net gain of 36 holders — while 41 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $20.7M. The largest seller was Karp Capital Management, exiting entirely with an estimated $1.31M sold.
- 93 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q2 2022, up from 57 in Q1 2022.
- Funds reported $226M of BlackRock MuniHoldings California Quality Fund stock for Q2 2022, up 104% quarter-over-quarter.
- 43 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q2 2022 and 7 closed out, a net change of +36 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q2 2022 was Morgan Stanley, an estimated $20.7M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q2 2022 was Karp Capital Management, an estimated $1.31M sold.
Based on aggregated 13F filings for Q2 2022.