BlackRock MuniHoldings California Quality Fund
MUC
40 hedge funds and large institutions have $49.5M invested in BlackRock MuniHoldings California Quality Fund in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 4 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
17% more capital invested
Capital invested by funds: $42.2M → $49.5M (+$7.28M)
5% more funds holding
Funds holding: 38 → 40 (+2)
1.04% more ownership
Funds ownership: 7.51% → 8.55% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$4.88M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$1.43M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$982K |
| 4 |
ACM
Akanthos Capital Management
Woodland Hills,
California
|
+$558K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$476K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.21M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$758K |
| 3 |
ACI
Alpha Cubed Investments
Irvine,
California
|
-$354K |
| 4 |
LPL Financial
San Diego,
California
|
-$289K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$170K |
MUC Hedge Fund Activity: Q2 2014 in Review
40 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q2 2014, worth a combined $49.5M — up 17% from $42.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MUC positions and 4 closed out — a net gain of 2 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was JFS Wealth Advisors, opening a new position worth an estimated $4.88M. The largest seller was Morgan Stanley, cutting an estimated $2.21M.
- 40 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q2 2014, up from 38 in Q1 2014.
- Funds reported $49.5M of BlackRock MuniHoldings California Quality Fund stock for Q2 2014, up 17% quarter-over-quarter.
- 6 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q2 2014 and 4 closed out, a net change of +2 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q2 2014 was JFS Wealth Advisors, an estimated $4.88M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q2 2014 was Morgan Stanley, an estimated $2.21M sold.
Based on aggregated 13F filings for Q2 2014.