BLACKROCK MUNIHLDNGS CALI QL MUC
COM · Closed-End Fund · CUSIP 09254L107
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.99.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 83 |
| Q4 2022 | 90 |
| Q1 2023 | 91 |
| Q2 2023 | 91 |
| Q3 2023 | 93 |
| Q4 2023 | 94 |
| Q1 2024 | 99 |
| Q2 2024 | 94 |
| Q3 2024 | 94 |
| Q4 2024 | 112 |
| Q1 2025 | 102 |
| Q2 2025 | 98 |
| Q3 2025 | 92 |
| Q4 2025 | 111 |
| Q1 2026 | 138 |
| Q2 2026 | 135 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 37 | 36 |
| Q4 2024 | 61 | 31 |
| Q1 2025 | 44 | 35 |
| Q2 2025 | 39 | 44 |
| Q3 2025 | 45 | 35 |
| Q4 2025 | 58 | 30 |
| Q1 2026 | 98 | 36 |
| Q2 2026 | 58 | 46 |
Biggest buyers
| Advisors Asset Management, Inc. | Added | +314.2k |
| MAI Capital Management | Added | +182.0k |
| BANK OF AMERICA CORP /DE/ | Added | +136.7k |
| Oder Investment Management, LLC | New | +105.9k |
| Ariadne Wealth Management, LP | New | +94.5k |
| Cambridge Investment Research Advisors, Inc. | New | +88.6k |
| LPL Financial LLC | Added | +56.4k |
| XTX Topco Ltd | New | +52.1k |
| UBS Group AG | Added | +49.9k |
| AXXCESS WEALTH MANAGEMENT, LLC | New | +42.0k |
Biggest sellers
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Reduced | -1.2m |
| Karpus Management, Inc. | Reduced | -776.3k |
| EVOKE WEALTH, LLC | Sold out | -401.1k |
| GUGGENHEIM CAPITAL LLC | Reduced | -117.8k |
| DEBUSSY CAPITAL MANAGEMENT LP | Sold out | -68.3k |
| Rareview Capital LLC | Reduced | -57.9k |
| Dakota Wealth Management | Reduced | -47.9k |
| Prospera Financial Services Inc | Sold out | -40.3k |
| HOLLENCREST CAPITAL MANAGEMENT | Reduced | -39.7k |
| Perennial Investment Advisors, LLC | Reduced | -33.9k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: Karpus Management, Inc. (4.4%, 2026-03-06)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 1 | $111 | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 7.4m $81.3m | Added +9.8k |
| Karpus Management, Inc. 1.46% of their portfolio | 4.6m $50.6m | Reduced -776.3k |
| GUGGENHEIM CAPITAL LLC 0.18% of their portfolio | 2.6m $28.5m | Reduced -117.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.4m $26.4m | Added +136.7k |
| Advisors Asset Management, Inc. 0.39% of their portfolio | 2.3m $25.3m | Added +314.2k |
| ROBINSON CAPITAL MANAGEMENT, LLC 5.45% of their portfolio | 1.1m $12.3m | Unchanged |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 1.1m $12.1m | Unchanged |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.56% of their portfolio | 1.1m $11.7m | Reduced -1.2m |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 963.3k $10.6m | Added +41.7k |
| LPL Financial LLC 0.00% of their portfolio | 732.7k $8.1m | Added +56.4k |
| Hennion & Walsh Asset Management, Inc. 0.22% of their portfolio | 709.3k $7.8m | Added +35.3k |
| Sanctuary Advisors, LLC 0.02% of their portfolio | 486.5k $5.3m | Added +18.7k |
| UBS Group AG 0.00% of their portfolio | 415.6k $4.6m | Added +49.9k |
| Atala Financial Inc 2.62% of their portfolio | 391.7k $4.3m | Reduced -13.9k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.25% of their portfolio | 371.0k $4.1m | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 365.0k $4.0m | Unchanged |
| HOLLENCREST CAPITAL MANAGEMENT 0.19% of their portfolio | 267.9k $2.9m | Reduced -39.7k |
| Beverly Hills Private Wealth, LLC 0.54% of their portfolio | 254.4k $2.8m | Added +2.7k |
| Fiera Capital Corp 0.01% of their portfolio | 233.9k $2.6m | Reduced -7.2k |
| Dakota Wealth Management 0.04% of their portfolio | 214.0k $2.4m | Reduced -47.9k |
| Ignite Planners, LLC 0.29% of their portfolio | 194.0k $2.1m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 190.5k $2.1m | Added +9.5k |
| MAI Capital Management 0.01% of their portfolio | 183.3k $2.0m | Added +182.0k |
| Trilogy Capital Inc. 0.07% of their portfolio | 168.9k $1.9m | Added +1.3k |
| WESCAP Management Group, Inc. 0.33% of their portfolio | 160.0k $1.8m | Added +10.4k |
| MELFA WEALTH MANAGEMENT, INC. 0.94% of their portfolio | 158.9k $1.7m | Reduced -21.4k |
| Diligent Investors, LLC 0.34% of their portfolio | 140.7k $1.5m | Reduced -4.5k |
| SIT INVESTMENT ASSOCIATES INC 0.03% of their portfolio | 129.9k $1.4m | Unchanged |
| MacKay Shields LLC 0.05% of their portfolio | 128.8k $1.4m | Reduced -18.0k |
| WEDBUSH SECURITIES INC 0.04% of their portfolio | 126.7k $1.4m | Added +6.3k |
| Rareview Capital LLC 0.73% of their portfolio | 125.6k $1.3m | Reduced -57.9k |
| Cypress Wealth Services, LLC 0.17% of their portfolio | 124.5k $1.4m | Added +3.6k |
| Oder Investment Management, LLC 0.78% of their portfolio | 105.9k $1.2m | New |
| Summit Trail Advisors, LLC 0.01% of their portfolio | 101.6k $1.1m | Reduced -7.7k |
| Ballast Rock Private Wealth LLC 0.49% of their portfolio | 96.1k $1.1m | Added +4.3k |
| Ariadne Wealth Management, LP 0.46% of their portfolio | 94.5k $1.0m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 91.9k $1.0m | Added +35.5k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 91.4k $1.0m | Reduced -24.1k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 88.6k $974.0k | New |
| Baird Financial Group, Inc. 0.00% of their portfolio | 86.9k $954.8k | Added +79 |
| Matisse Capital 0.35% of their portfolio | 78.5k $862.9k | Reduced -82 |
| Cetera Investment Advisers 0.00% of their portfolio | 74.6k $819.5k | Reduced -1.2k |
| MYECFO, LLC 0.31% of their portfolio | 73.8k $812.6k | Added +9.7k |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 70.6k $775.8k | Added +11.1k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 70.5k $774.7k | Unchanged |
| Alteri Wealth LLC 0.21% of their portfolio | 68.8k $755.7k | Added +283 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 67.8k $745.1k | Unchanged |
| Global Retirement Partners, LLC 0.01% of their portfolio | 67.4k $741.0k | First filing |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 64.6k $710.2k | Added +2.2k |
| CHANNEL WEALTH LLC 0.16% of their portfolio | 64.3k $707.1k | Reduced -11.1k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 63.4k $696.6k | Added +4.8k |
| Western Wealth Management, LLC 0.02% of their portfolio | 60.9k $668.9k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 59.7k $656.5k | Added +1.1k |
| Stonebridge Financial Group, LLC/CA 0.09% of their portfolio | 56.1k $619.0k | First filing |
| Arlington Financial Advisors, LLC 0.08% of their portfolio | 55.0k $604.5k | Unchanged |
| Destination Wealth Management 0.01% of their portfolio | 53.8k $590.9k | Added +300 |
| XTX Topco Ltd 0.01% of their portfolio | 52.1k $572.5k | New |
| Tortuga Wealth Management, Inc 0.39% of their portfolio | 47.0k $517.0k | Reduced -3.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 45.6k $501.5k | Added +1.3k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 43.7k $479.8k | Added +178 |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 43.4k $477.3k | Added +10.0k |
| AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio | 42.0k $461.7k | New |
| Intellectus Partners, LLC 0.08% of their portfolio | 40.6k $448.5k | Unchanged |
| Perennial Investment Advisors, LLC 0.03% of their portfolio | 39.2k $431.1k | Reduced -33.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 39.2k $430.3k | Unchanged |
| Stratos Wealth Partners, LTD. 0.00% of their portfolio | 37.3k $409.9k | Added +9.2k |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 34.8k $381.6k | Reduced -5.0k |
| EVOLVE PRIVATE WEALTH, LLC 0.02% of their portfolio | 33.4k $369.3k | Reduced -20.1k |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 30.5k $334.8k | Added +265 |
| RB Capital Management, LLC 0.06% of their portfolio | 29.9k $329.1k | Added +378 |
| Wellspring Financial Advisors, LLC 0.02% of their portfolio | 28.4k $312.1k | Reduced -2.8k |
| FIRST FOUNDATION ADVISORS 0.01% of their portfolio | 28.3k $311.3k | Unchanged |
| Corient Private Wealth LP 0.00% of their portfolio | 27.8k $305.1k | Unchanged |
| Creative Planning 0.00% of their portfolio | 27.6k $303.3k | Unchanged |
| Equitable Holdings, Inc. 0.00% of their portfolio | 26.0k $285.9k | Added +399 |
| Athena Wealth Management, LLC 0.21% of their portfolio | 25.8k $283.0k | Added +142 |
| Keystone Wealth Services, LLC 0.05% of their portfolio | 24.5k $269.5k | Unchanged |
| Indivisible Partners 0.01% of their portfolio | 24.0k $263.9k | Added +25 |
| Tempus Wealth Planning, LLC 0.05% of their portfolio | 23.7k $260.0k | Unchanged |
| PRUDENT INVESTORS NETWORK, INC. 0.05% of their portfolio | 23.4k $256.9k | New |
| Strategic Advocates LLC 0.96% of their portfolio | 22.6k $248.6k | Unchanged |
| Cerity Partners LLC 0.00% of their portfolio | 22.3k $245.5k | Added +136 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 22.2k $243.5k | Added +7.2k |
| READYSTATE ASSET MANAGEMENT LP 0.01% of their portfolio | 21.8k $239.9k | New |
| LM Advisors LLC 0.03% of their portfolio | 21.8k $240.0k | Added +21.6k |
| Snowden Capital Advisors LLC 0.01% of their portfolio | 20.6k $227.9k | Added +5.0k |
| Van Hulzen Asset Management, LLC 0.02% of their portfolio | 20.5k $225.6k | Added +2.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 20.0k $219.4k | New |
| NWF Advisory Services Inc. 0.02% of their portfolio | 19.7k $216.9k | Reduced -2.3k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 18.9k $207.2k | Added +48 |
| Avior Wealth Management, LLC 0.01% of their portfolio | 18.7k $205.2k | Added +8.6k |
| REGATTA CAPITAL GROUP, LLC 0.03% of their portfolio | 18.4k $202.4k | Unchanged |
| Sowell Financial Services LLC 0.01% of their portfolio | 18.3k $201.6k | Unchanged |
| Lido Advisors, LLC 0.00% of their portfolio | 18.2k $201.3k | Reduced -28.3k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 18.1k $198.9k | Added +774 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.02% of their portfolio | 16.6k $181.9k | Unchanged |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 16.1k $176.7k | Added +161 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 16.0k $175.4k | Unchanged |
| Core Wealth Partners LLC 0.07% of their portfolio | 15.7k $172.6k | Unchanged |
| Robertson Stephens Wealth Management, LLC 0.00% of their portfolio | 15.5k $171.2k | New |