BlackRock MuniHoldings California Quality Fund
MUC
101 hedge funds and large institutions have $309M invested in BlackRock MuniHoldings California Quality Fund in 2025 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 42 increasing their positions, 25 reducing their positions, and 9 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 25
1% more capital invested
Capital invested by funds: $307M → $309M (+$1.69M)
0.19% more ownership
Funds ownership: 30.67% → 30.86% (+0.19%)
8% less funds holding
Funds holding: 110 → 101 (-9)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$9.22M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.68M |
| 3 |
WA
Whipplewood Advisors
Littleton,
Colorado
|
+$2.5M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.77M |
| 5 |
Morgan Stanley
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$14.7M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.68M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$868K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$582K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$574K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWM
101
Mascoma Wealth Management
Hanover,
New Hampshire
| $1.16K | – | – | – |
|
102
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$381K | -35,822 | Closed |
|
103
Jane Street
New York
| – | -$368K | -34,651 | Closed |
|
104
Nomura Holdings
Tokyo,
Japan
| – | -$340K | -32,000 | Closed |
|
|
NMC
105
Nine Masts Capital
Central,
Hong Kong
| – | -$209K | -19,706 | Closed |
|
|
MG
106
Marex Group
London,
| – | -$199K | -18,748 | Closed |
|
|
EC
107
Elequin Capital
New York
| – | -$191K | -17,965 | Closed |
|
|
TSS
108
Two Sigma Securities
New York
| – | -$170K | -16,013 | Closed |
|
|
XT
109
XTX Topco
George Town,
Cayman Islands
| – | -$158K | -14,842 | Closed |
|
|
AWM
110
Avior Wealth Management
Omaha,
Nebraska
| – | -$9K | -847 | Closed |
|
MUC Hedge Fund Activity: Q1 2025 in Review
101 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q1 2025, worth a combined $309M — up 0.55% from $307M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MUC and 2 opened new positions — a net loss of 7 holders — while 25 trimmed existing stakes and 42 added.
The largest buyer was Mackay Shields LLC, adding an estimated $9.22M. The largest seller was Rivernorth Capital Management, cutting an estimated $14.7M.
- 101 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q1 2025, down from 110 in Q4 2024.
- Funds reported $309M of BlackRock MuniHoldings California Quality Fund stock for Q1 2025, up 0.55% quarter-over-quarter.
- 2 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q1 2025 and 9 closed out, a net change of -7 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q1 2025 was Mackay Shields LLC, an estimated $9.22M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q1 2025 was Rivernorth Capital Management, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2025.