BlackRock MuniHoldings California Quality Fund
MUC
42 hedge funds and large institutions have $59M invested in BlackRock MuniHoldings California Quality Fund in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 7 reducing their positions, and 4 closing their positions.
186% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
2% more funds holding
Funds holding: 41 → 42 (+1)
0% more capital invested
Capital invested by funds: $58.7M → $59M (+$264K)
0.13% less ownership
Funds ownership: 9.94% → 9.81% (-0.13%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.01M |
| 2 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$595K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$224K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$165K |
| 5 |
CWM
Confluence Wealth Management
Portland,
Oregon
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.86M |
| 2 |
ACM
Akanthos Capital Management
Woodland Hills,
California
|
-$1.45M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$715K |
| 4 |
Morgan Stanley
New York
|
-$472K |
| 5 |
SG Americas Securities
New York
|
-$373K |
MUC Hedge Fund Activity: Q1 2015 in Review
42 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q1 2015, worth a combined $59M — up 0.45% from $58.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MUC positions and 4 closed out — a net gain of 2 holders — while 20 added to existing stakes and 7 trimmed.
The largest buyer was Bank of America, adding an estimated $2.01M. The largest seller was AQR Capital Management, exiting entirely with an estimated $1.86M sold.
- 42 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q1 2015, up from 41 in Q4 2014.
- Funds reported $59M of BlackRock MuniHoldings California Quality Fund stock for Q1 2015, up 0.45% quarter-over-quarter.
- 6 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q1 2015 and 4 closed out, a net change of +2 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q1 2015 was Bank of America, an estimated $2.01M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q1 2015 was AQR Capital Management, an estimated $1.86M sold.
Based on aggregated 13F filings for Q1 2015.