BlackRock MuniHoldings California Quality Fund
93 hedge funds and large institutions have $307M invested in BlackRock MuniHoldings California Quality Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 11 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
0.6% more ownership
Funds ownership: 28.81% → 29.41% (+0.6%)
1% less capital invested
Capital invested by funds: $309M → $307M (-$1.92M)
5% less funds holding
Funds holding: 98 → 93 (-5)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.6M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$670K |
| 3 |
Morgan Stanley
New York
|
+$439K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$416K |
| 5 |
MG
Marex Group
London,
|
+$378K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.25M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.15M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$977K |
| 4 |
CC
Centiva Capital
New York
|
-$926K |
| 5 |
Empower Advisory Group
Greenwood Village,
Colorado
|
-$909K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Neuberger Berman Group
New York
| – | -$111K | -10,057 | Closed |
|
|
MAWCM
102
Mine & Arao Wealth Creation & Management
Campbell,
California
| – | -$77.1K | -7,000 | Closed |
|
|
SWM
103
Spire Wealth Management
Mclean,
Virginia
| – | -$61K | -5,545 | Closed |
|
|
PA
104
Parallel Advisors
San Francisco,
California
| – | -$584 | -53 | Closed |
|
MUC Hedge Fund Activity: Q2 2024 in Review
93 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q2 2024, worth a combined $307M — down 0.62% from $309M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MUC and 6 opened new positions — a net loss of 5 holders — while 28 trimmed existing stakes and 31 added.
The largest buyer was Guggenheim Capital, adding an estimated $2.6M. The largest seller was Saba Capital Management, cutting an estimated $2.25M.
- 93 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q2 2024, down from 98 in Q1 2024.
- Funds reported $307M of BlackRock MuniHoldings California Quality Fund stock for Q2 2024, down 0.62% quarter-over-quarter.
- 6 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q2 2024 and 11 closed out, a net change of -5 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q2 2024 was Guggenheim Capital, an estimated $2.6M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q2 2024 was Saba Capital Management, an estimated $2.25M sold.
Based on aggregated 13F filings for Q2 2024.