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BlackRock MuniHoldings California Quality Fund

54 hedge funds and large institutions have $125M invested in BlackRock MuniHoldings California Quality Fund in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

75% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 12

13% more funds holding

Funds holding: 4854 (+6)

9% more capital invested

Capital invested by funds: $115M → $125M (+$9.97M)

0.5% more ownership

Funds ownership: 18.65%19.15% (+0.5%)

Holders
54
Holders Change
+6
Holders Change %
+12.5%
% of All Funds
0.94%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
21
Reduced
12
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MSL
1
Mackay Shields LLC
New York
$26.8M -$3.22M -207,916 -11%
Morgan Stanley
2
Morgan Stanley
New York
$24M +$489K +31,605 +2%
GC
3
Guggenheim Capital
Illinois
$19.4M +$542K +35,008 +3%
Bank of America
4
Bank of America
North Carolina
$10.4M +$1.77M +114,545 +21%
Wells Fargo
5
Wells Fargo
California
$8.04M +$1.04M +67,372 +15%
UBS Group
6
UBS Group
Switzerland
$4.2M -$194K -12,500 -5%
Allianz Asset Management
7
Allianz Asset Management
Germany
$3.25M +$2.47M +159,700 +359%
FFA
8
First Foundation Advisors
California
$3.25M -$384K -24,775 -11%
HWAM
9
Hennion & Walsh Asset Management
New Jersey
$3.12M +$286K +18,445 +10%
AAM
10
Advisors Asset Management
Colorado
$2.58M +$193K +12,490 +8%
Fiera Capital (Canada)
11
Fiera Capital (Canada)
Quebec, Canada
$2.13M -$280K -18,054 -12%
Osaic Holdings
12
Osaic Holdings
Arizona
$1.85M +$77.7K +5,020 +5%
Stifel Financial
13
Stifel Financial
Missouri
$1.81M +$67K +4,328 +4%
JWA
14
JFS Wealth Advisors
Pennsylvania
$1.59M -$125K -8,100 -7%
KCM
15
Karp Capital Management
California
$1.59M +$296K +19,141 +24%
DI
16
Diligent Investors
California
$842K +$2.25K +145 +0.3%
Invesco
17
Invesco
Georgia
$793K -$299K -19,294 -28%
SWP
18
Stratos Wealth Partners
Ohio
$731K +$1.87K +121 +0.3%
LPL Financial
19
LPL Financial
California
$726K +$40.9K +2,644 +6%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$676K -$600K -38,733 -48%
Cetera Investment Advisers
21
Cetera Investment Advisers
Illinois
$612K -$4.58K -296 -0.8%
WMG
22
WESCAP Management Group
California
$465K -$115K -7,411 -20%
IC
23
Intersect Capital
California
$416K
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$410K +$42.6K +2,752 +12%
CFG
25
Cooper Financial Group
California
$394K +$383K +24,750 New

MUC Hedge Fund Activity: Q2 2021 in Review

54 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q2 2021, worth a combined $125M — up 8.7% from $115M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new MUC positions and 3 closed out — a net gain of 6 holders — while 21 added to existing stakes and 12 trimmed.

The largest buyer was Allianz Asset Management, adding an estimated $2.47M. The largest seller was Mackay Shields LLC, cutting an estimated $3.22M.

  • 54 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q2 2021, up from 48 in Q1 2021.
  • Funds reported $125M of BlackRock MuniHoldings California Quality Fund stock for Q2 2021, up 8.7% quarter-over-quarter.
  • 9 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q2 2021 and 3 closed out, a net change of +6 holders.
  • The largest BlackRock MuniHoldings California Quality Fund buyer in Q2 2021 was Allianz Asset Management, an estimated $2.47M added.
  • The largest BlackRock MuniHoldings California Quality Fund seller in Q2 2021 was Mackay Shields LLC, an estimated $3.22M sold.

Based on aggregated 13F filings for Q2 2021.