BlackRock MuniHoldings California Quality Fund
61 hedge funds and large institutions have $68.6M invested in BlackRock MuniHoldings California Quality Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 5 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
3% more funds holding
Funds holding: 59 → 61 (+2)
0.28% less ownership
Funds ownership: 13.02% → 12.74% (-0.28%)
2% less capital invested
Capital invested by funds: $70.2M → $68.6M (-$1.59M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.46M |
| 2 |
Morgan Stanley
New York
|
+$836K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$396K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$390K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$274K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.89M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.64M |
| 3 |
KCM
Karp Capital Management
Sausalito,
California
|
-$1.12M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$410K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$337K |
MUC Hedge Fund Activity: Q2 2018 in Review
61 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q2 2018, worth a combined $68.6M — down 2.3% from $70.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MUC positions and 5 closed out — a net gain of 2 holders — while 26 added to existing stakes and 18 trimmed.
The largest buyer was Fiera Capital (Canada), adding an estimated $1.46M. The largest seller was UBS Group, cutting an estimated $1.89M.
- 61 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q2 2018, up from 59 in Q1 2018.
- Funds reported $68.6M of BlackRock MuniHoldings California Quality Fund stock for Q2 2018, down 2.3% quarter-over-quarter.
- 7 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q2 2018 and 5 closed out, a net change of +2 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q2 2018 was Fiera Capital (Canada), an estimated $1.46M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q2 2018 was UBS Group, an estimated $1.89M sold.
Based on aggregated 13F filings for Q2 2018.