BlackRock MuniHoldings California Quality Fund
MUC
44 hedge funds and large institutions have $39.2M invested in BlackRock MuniHoldings California Quality Fund in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
33% more funds holding
Funds holding: 33 → 44 (+11)
29% more capital invested
Capital invested by funds: $30.5M → $39.2M (+$8.72M)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
1.8% more ownership
Funds ownership: 5.56% → 7.36% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.49M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$1.35M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.04M |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
+$733K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$943K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$446K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$144K |
| 4 |
NES
New England Securities
New York
|
-$93K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$90.8K |
MUC Hedge Fund Activity: Q4 2013 in Review
44 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q4 2013, worth a combined $39.2M — up 29% from $30.5M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MUC positions and 4 closed out — a net gain of 12 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.8M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $943K sold.
- 44 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q4 2013, up from 33 in Q3 2013.
- Funds reported $39.2M of BlackRock MuniHoldings California Quality Fund stock for Q4 2013, up 29% quarter-over-quarter.
- 16 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q4 2013 and 4 closed out, a net change of +12 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q4 2013 was Morgan Stanley, an estimated $2.8M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q4 2013 was Fir Tree Capital Management, an estimated $943K sold.
Based on aggregated 13F filings for Q4 2013.