BlackRock MuniHoldings California Quality Fund
MUC
38 hedge funds and large institutions have $42.2M invested in BlackRock MuniHoldings California Quality Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 9 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
8% more capital invested
Capital invested by funds: $39.2M → $42.2M (+$2.95M)
0.15% more ownership
Funds ownership: 7.36% → 7.51% (+0.15%)
14% less funds holding
Funds holding: 44 → 38 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$947K |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$755K |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$740K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$463K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$450K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFG
OTA Financial Group
Purchase,
New York
|
-$725K |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$638K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$434K |
| 4 |
Barclays
London,
United Kingdom
|
-$407K |
| 5 |
SG Americas Securities
New York
|
-$396K |
MUC Hedge Fund Activity: Q1 2014 in Review
38 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q1 2014, worth a combined $42.2M — up 7.5% from $39.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MUC and 3 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was Morgan Stanley, adding an estimated $947K. The largest seller was OTA Financial Group, exiting entirely with an estimated $725K sold.
- 38 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q1 2014, down from 44 in Q4 2013.
- Funds reported $42.2M of BlackRock MuniHoldings California Quality Fund stock for Q1 2014, up 7.5% quarter-over-quarter.
- 3 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q1 2014 and 9 closed out, a net change of -6 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q1 2014 was Morgan Stanley, an estimated $947K added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q1 2014 was OTA Financial Group, an estimated $725K sold.
Based on aggregated 13F filings for Q1 2014.