BlackRock MuniHoldings California Quality Fund
62 hedge funds and large institutions have $96.4M invested in BlackRock MuniHoldings California Quality Fund in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 61 → 62 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 20
0.21% less ownership
Funds ownership: 18.68% → 18.47% (-0.21%)
5% less capital invested
Capital invested by funds: $101M → $96.4M (-$4.86M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.78M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.9M |
| 3 |
Morgan Stanley
New York
|
+$1.38M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.03M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$347K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$8.6M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.21M |
| 3 |
SCM
Saba Capital Management
New York
|
-$1.63M |
| 4 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$884K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$799K |
MUC Hedge Fund Activity: Q2 2019 in Review
62 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q2 2019, worth a combined $96.4M — down 4.8% from $101M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MUC positions and 5 closed out — a net gain of 1 holder — while 20 added to existing stakes and 20 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $5.78M. The largest seller was Almitas Capital, cutting an estimated $8.6M.
- 62 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q2 2019, up from 61 in Q1 2019.
- Funds reported $96.4M of BlackRock MuniHoldings California Quality Fund stock for Q2 2019, down 4.8% quarter-over-quarter.
- 6 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q2 2019 and 5 closed out, a net change of +1 holder.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q2 2019 was Royal Bank of Canada, an estimated $5.78M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q2 2019 was Almitas Capital, an estimated $8.6M sold.
Based on aggregated 13F filings for Q2 2019.