BlackRock MuniHoldings California Quality Fund
MUC
90 hedge funds and large institutions have $223M invested in BlackRock MuniHoldings California Quality Fund in 2022 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 12 increasing their positions, 28 reducing their positions, and 19 closing their positions.
63% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 19
13% more capital invested
Capital invested by funds: $197M → $223M (+$26M)
10% more funds holding
Funds holding: 82 → 90 (+8)
2.41% more ownership
Funds ownership: 18.85% → 21.26% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
57% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$19.7M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$19.3M |
| 3 |
SCM
Saba Capital Management
New York
|
+$8.61M |
| 4 |
Morgan Stanley
New York
|
+$8.12M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$7.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$16.9M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$15M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$7.91M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.15M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFG
101
Ford Financial Group
Fresno,
California
| – | -$188K | -17,591 | Closed |
|
|
MA
102
Mutual Advisors
Omaha,
Nebraska
| – | -$166K | -15,422 | Closed |
|
|
ACI
103
Alpha Cubed Investments
Irvine,
California
| – | -$143K | -13,320 | Closed |
|
|
AA
104
Apriem Advisors
Irvine,
California
| – | -$136K | -12,652 | Closed |
|
105
Jane Street
New York
| – | -$125K | -11,651 | Closed |
|
|
PA
106
Parallel Advisors
San Francisco,
California
| – | -$86K | -8,040 | Closed |
|
|
UB
107
UMB Bank
Kansas City,
Missouri
| – | -$39K | -3,597 | Closed |
|
|
HGERS
108
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | -$13K | -1,300 | Closed |
|
109
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -202 | Closed |
|
MUC Hedge Fund Activity: Q4 2022 in Review
90 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q4 2022, worth a combined $223M — up 13% from $197M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new MUC positions and 19 closed out — a net gain of 12 holders — while 12 added to existing stakes and 28 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $19.7M. The largest seller was Guggenheim Capital, cutting an estimated $16.9M.
- 90 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q4 2022, up from 82 in Q3 2022.
- Funds reported $223M of BlackRock MuniHoldings California Quality Fund stock for Q4 2022, up 13% quarter-over-quarter.
- 31 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q4 2022 and 19 closed out, a net change of +12 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q4 2022 was Rivernorth Capital Management, an estimated $19.7M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q4 2022 was Guggenheim Capital, an estimated $16.9M sold.
Based on aggregated 13F filings for Q4 2022.