BlackRock Municipal Income Fund, Inc.
MUI
MUI was delisted on the 14th of February, 2025.
120 hedge funds and large institutions have $454M invested in BlackRock Municipal Income Fund, Inc. in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 42 reducing their positions, and 21 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $470M → $454M (-$15.4M)
10% less funds holding
Funds holding: 133 → 120 (-13)
12% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 42
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$12.8M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$11.5M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$7.77M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$5.08M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$44.5M |
| 2 |
SCM
Saba Capital Management
New York
|
-$17.1M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$2.32M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$2.03M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.52M |
MUI Hedge Fund Activity: Q1 2024 in Review
120 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Fund, Inc. (MUI) for Q1 2024, worth a combined $454M — down 3.3% from $470M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MUI and 11 opened new positions — a net loss of 10 holders — while 42 trimmed existing stakes and 37 added.
The largest buyer was Sit Investment Associates, adding an estimated $12.8M. The largest seller was Morgan Stanley, cutting an estimated $44.5M.
- 120 institutional investors held BlackRock Municipal Income Fund, Inc. (MUI) as of Q1 2024, down from 133 in Q4 2023.
- Funds reported $454M of BlackRock Municipal Income Fund, Inc. stock for Q1 2024, down 3.3% quarter-over-quarter.
- 11 funds opened new BlackRock Municipal Income Fund, Inc. positions in Q1 2024 and 21 closed out, a net change of -10 holders.
- The largest BlackRock Municipal Income Fund, Inc. buyer in Q1 2024 was Sit Investment Associates, an estimated $12.8M added.
- The largest BlackRock Municipal Income Fund, Inc. seller in Q1 2024 was Morgan Stanley, an estimated $44.5M sold.
Based on aggregated 13F filings for Q1 2024.