BlackRock Municipal Income Fund, Inc.
MUI
MUI was delisted on the 14th of February, 2025.
128 hedge funds and large institutions have $468M invested in BlackRock Municipal Income Fund, Inc. in 2024 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 26 increasing their positions, 47 reducing their positions, and 9 closing their positions.
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
7% more funds holding
Funds holding: 120 → 128 (+8)
3% more capital invested
Capital invested by funds: $454M → $468M (+$13.6M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
45% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$13.5M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$5.27M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.35M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.06M |
| 5 |
AGM
Alpine Global Management
New York
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.81M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$4.43M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
-$3.75M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.1M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWA
126
EverSource Wealth Advisors
Birmingham,
Alabama
| $889 | +$863 | +72 | New |
|
|
RWPA
127
Richard W. Paul & Associates
Novi,
Michigan
| $25 | – | – | – |
|
|
HNB
128
Huntington National Bank
Columbus,
Ohio
| $12 | – | – | – |
|
129
Fidelity Investments
Boston,
Massachusetts
| $12 | +$12 | +1 | New |
|
|
HWAM
130
Hennion & Walsh Asset Management
Parsippany,
New Jersey
| – | -$1.01M | -83,722 | Closed |
|
|
LCM
131
Landscape Capital Management
Englewood,
New Jersey
| – | -$768K | -63,680 | Closed |
|
|
IAA
132
Ironsides Asset Advisors
Rocky Mount,
North Carolina
| – | -$517K | -42,865 | Closed |
|
|
FSI
133
Flow State Investments
Chicago,
Illinois
| – | -$369K | -30,619 | Closed |
|
134
M&T Bank
Buffalo,
New York
| – | -$177K | -14,641 | Closed |
|
|
WPA
135
West Paces Advisors
Atlanta,
Georgia
| – | -$22.2K | -1,850 | Closed |
|
|
HGERS
136
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | -$9.35K | -775 | Closed |
|
|
FIA
137
FNY Investment Advisers
New York
| – | -$7 | -600 | Closed |
|
|
HI
138
Harbour Investments
Madison,
Wisconsin
| – | -$4.02K | -333 | Closed |
|
MUI Hedge Fund Activity: Q2 2024 in Review
128 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Fund, Inc. (MUI) for Q2 2024, worth a combined $468M — up 3% from $454M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MUI positions and 9 closed out — a net gain of 10 holders — while 26 added to existing stakes and 47 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $13.5M. The largest seller was Morgan Stanley, cutting an estimated $4.81M.
- 128 institutional investors held BlackRock Municipal Income Fund, Inc. (MUI) as of Q2 2024, up from 120 in Q1 2024.
- Funds reported $468M of BlackRock Municipal Income Fund, Inc. stock for Q2 2024, up 3% quarter-over-quarter.
- 19 funds opened new BlackRock Municipal Income Fund, Inc. positions in Q2 2024 and 9 closed out, a net change of +10 holders.
- The largest BlackRock Municipal Income Fund, Inc. buyer in Q2 2024 was Karpus Investment Management, an estimated $13.5M added.
- The largest BlackRock Municipal Income Fund, Inc. seller in Q2 2024 was Morgan Stanley, an estimated $4.81M sold.
Based on aggregated 13F filings for Q2 2024.