BlackRock MuniHoldings California Quality Fund
92 hedge funds and large institutions have $304M invested in BlackRock MuniHoldings California Quality Fund in 2025 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 22 reducing their positions, and 12 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 22
4% more capital invested
Capital invested by funds: $292M → $304M (+$12.5M)
0.16% less ownership
Funds ownership: 29.33% → 29.17% (-0.16%)
5% less funds holding
Funds holding: 97 → 92 (-5)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$5.24M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.55M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$3.32M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.49M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$12.9M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$5.23M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.66M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$980K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$864K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Nomura Holdings
Tokyo,
Japan
| – | -$104K | -10,000 | Closed |
|
|
FFO
102
Fortitude Family Office
Scottsdale,
Arizona
| – | -$43.3K | -4,188 | Closed |
|
|
AAS
103
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$28.4K | -2,742 | Closed |
|
|
NA
104
NewEdge Advisors
New Orleans,
Louisiana
| – | -$13.1K | -1,263 | Closed |
|
MUC Hedge Fund Activity: Q3 2025 in Review
92 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q3 2025, worth a combined $304M — up 4.3% from $292M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MUC and 10 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 36 added.
The largest buyer was Allspring Global Investments, opening a new position worth an estimated $5.24M. The largest seller was Saba Capital Management, cutting an estimated $12.9M.
- 92 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q3 2025, down from 97 in Q2 2025.
- Funds reported $304M of BlackRock MuniHoldings California Quality Fund stock for Q3 2025, up 4.3% quarter-over-quarter.
- 10 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q3 2025 and 12 closed out, a net change of -2 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q3 2025 was Allspring Global Investments, an estimated $5.24M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q3 2025 was Saba Capital Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2025.