BlackRock California Municipal Income Trust
BFZDelisted Feb 9, 2026- SEC CIK
- 0001137391
BlackRock California Municipal Income Trust was delisted on Feb 9, 2026; its insiders filed their last Form 4 on Feb 11, 2026; 69 institutions reported holding it in 13F filings for Q4 2025, worth $91.2M in total; no superinvestor held it.
13F holders, Q4 2025
Institutional positions in BlackRock California Municipal Income Trust as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 69
- +10 vs. Q3 2025
- Shares held
- 8.49M
- +620.6K (+7.9%) vs. Q3 2025
- Total value
- $91.2M
- +$5.02M (+5.8%) vs. Q3 2025
- New holders
- 18
- 20 more added
- Sold out
- 8
- 14 more reduced
2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting BFZ on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 0 | $0 |
| Q1 2026 | 0 | $0 |
| Q4 2025 | 69 | $91.2M |
| Q3 2025 | 61 | $86.3M |
| Q2 2025 | 53 | $97.3M |
| Q1 2025 | 59 | $116.3M |
| Q4 2024 | 58 | $103.3M |
| Q3 2024 | 52 | $117.1M |
| Q2 2024 | 55 | $129.8M |
| Q1 2024 | 56 | $131.8M |
| Q4 2023 | 57 | $136.3M |
| Q3 2023 | 58 | $116.0M |
| Q2 2023 | 61 | $138.6M |
| Q1 2023 | 61 | $137.4M |
| Q4 2022 | 62 | $117.1M |
| Q3 2022 | 65 | $118.7M |
| Q2 2022 | 70 | $130.6M |
| Q1 2022 | 68 | $135.7M |
| Q4 2021 | 63 | $154.9M |
| Q3 2021 | 60 | $153.5M |
| Q2 2021 | 58 | $154.4M |
| Q1 2021 | 59 | $151.0M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding BlackRock California Municipal Income Trust; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Saba Capital Management, L.P. | 1,299,311 | $14.0M | 0.47% | −1,468,713−53.1% | Reduced |
| Rivernorth Capital Management, LLC | 977,578 | $10.5M | 0.50% | +650,601+199.0% | Added |
| Morgan Stanley | 718,538 | $7.72M | 0.00% | +36,721+5.4% | Added |
| Robinson Capital Management, LLC | 555,262 | $5.97M | 2.50% | +555,262 | New |
| Guggenheim Capital LLC | 500,651 | $5.38M | 0.04% | −120,212−19.4% | Reduced |
| Allspring Global Investments Holdings, LLC | 494,599 | $5.31M | 0.01% | +167,341+51.1% | Added |
| Advisors Asset Management, Inc. | 457,999 | $4.92M | 0.08% | −127,668−21.8% | Reduced |
| Karpus Management, Inc. | 285,799 | $3.07M | 0.09% | +285,799 | New |
| Fiera Capital Corp | 268,230 | $2.88M | 0.01% | +268,230 | New |
| Hennion & Walsh Asset Management, Inc. | 252,580 | $2.71M | 0.09% | +2,449+1.0% | Added |
| LPL Financial LLC | 251,285 | $2.70M | 0.00% | −21,249−7.8% | Reduced |
| Wells Fargo & Company | 230,209 | $2.47M | 0.00% | −27,876−10.8% | Reduced |
| Trilogy Capital Inc. | 168,123 | $1.81M | 0.08% | −28,496−14.5% | Reduced |
| Atala Financial Inc | 132,180 | $1.42M | 0.91% | 00.0% | Unchanged |
| UBS Group AG | 119,820 | $1.29M | 0.00% | −20,827−14.8% | Reduced |
| Bank of America Corp | 119,199 | $1.28M | 0.00% | +33,681+39.4% | Added |
| Sit Investment Associates Inc | 119,023 | $1.28M | 0.03% | +117,873+10,249.8% | Added |
| Oder Investment Management, LLC | 110,929 | $1.19M | 0.86% | −6,730−5.7% | Reduced |
| Wolverine Asset Management LLC | 108,119 | $1.16M | 0.02% | +35,226+48.3% | Added |
| Ieq Capital, LLC | 91,821 | $986.2K | 0.00% | +1,543+1.7% | Added |
| Hollencrest Capital Management | 78,421 | $842.2K | 0.03% | 00.0% | Unchanged |
| Melfa Wealth Management, LLC | 75,913 | $815.3K | 0.47% | +120.0% | Added |
| Allianz Asset Management GmbH | 68,750 | $738.4K | 0.00% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 68,537 | $736.1K | 0.00% | +51,418+300.4% | Added |
| Raymond James Financial Inc | 60,820 | $653.2K | 0.00% | +12,794+26.6% | Added |
| Cypress Wealth Services, LLC | 56,298 | $604.6K | 0.08% | +1,159+2.1% | Added |
| Baird Financial Group, Inc. | 47,662 | $511.9K | 0.00% | +47,662 | New |
| Logan Stone Capital, LLC | 46,406 | $498.4K | 0.12% | +10,840+30.5% | Added |
| Myecfo, LLC | 44,600 | $479.0K | 0.20% | +44,600 | New |
| Vivaldi Capital Management, LLC | 44,146 | $474.1K | 0.06% | −227−0.5% | Reduced |
| Royal Bank of Canada | 41,345 | $444.0K | 0.00% | −10,689−20.5% | Reduced |
| D.A. Davidson & Co. | 38,412 | $412.5K | 0.00% | +5,633+17.2% | Added |
| Prospera Financial Services Inc | 36,254 | $389.4K | 0.01% | +36,254 | New |
| Landscape Capital Management, L.L.C. | 33,773 | $362.7K | 0.02% | +3,226+10.6% | Added |
| Ameriprise Financial Inc | 33,650 | $361.4K | 0.00% | +4,790+16.6% | Added |
| Jane Street Group, LLC | 31,861 | $342.2K | 0.00% | +31,861 | New |
| Tortuga Wealth Management, Inc | 29,800 | $320.1K | 0.34% | +29,800 | New |
| Readystate Asset Management LP | 29,492 | $316.7K | 0.01% | +14,850+101.4% | Added |
| Dakota Wealth Management | 27,000 | $290.0K | 0.01% | +27,000 | New |
| Wedbush Securities Inc | 23,800 | $256.0K | 0.01% | +10,300+76.3% | Added |
| Cetera Investment Advisers | 22,365 | $240.2K | 0.00% | −10,315−31.6% | Reduced |
| Evolve Private Wealth, LLC | 21,734 | $233.4K | 0.01% | +21,734 | New |
| Two Sigma Securities, LLC | 21,018 | $225.7K | 0.03% | +21,018 | New |
| Regatta Capital Group, LLC | 20,673 | $222.0K | 0.03% | −70.0% | Reduced |
| Bank of Montreal | 20,572 | $221.8K | 0.00% | +20,572 | New |
| Meridian Investment Counsel Inc. | 20,525 | $220.4K | 0.05% | −5,425−20.9% | Reduced |
| Farther Finance Advisors, LLC | 16,431 | $176.5K | 0.00% | +2,225+15.7% | Added |
| Millennium Management LLC | 15,567 | $167.2K | 0.00% | 00.0% | Unchanged |
| Core Wealth Partners LLC | 15,320 | $164.5K | 0.07% | 00.0% | Unchanged |
| Cerity Partners LLC | 15,271 | $164.0K | 0.00% | +15,271 | New |
| Commonwealth Equity Services, LLC | 15,012 | $161.2K | 0.00% | +536+3.7% | Added |
| Citadel Advisors LLC | 14,806 | $159.0K | 0.00% | +14,806 | New |
| Steward Partners Investment Advisory, LLC | 14,425 | $154.9K | 0.00% | 00.0% | Unchanged |
| XTX Topco Ltd | 11,564 | $124.2K | 0.00% | +11,564 | New |
| Mariner, LLC | 10,976 | $117.9K | 0.00% | +10,976 | New |
| First Foundation Advisors | 10,126 | $108.8K | 0.00% | 00.0% | Unchanged |
| Shufro Rose & Co LLC | 10,000 | $107.4K | 0.01% | 00.0% | Unchanged |
| Prime Capital Investment Advisors, LLC | 10,000 | $107.4K | 0.00% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 7,608 | $81.7K | 0.00% | −5,000−39.7% | Reduced |
| CWM, LLC | 6,153 | $66.0K | 0.00% | 00.0% | Unchanged |
| Elyxium Wealth, LLC | 3,987 | $42.8K | 0.01% | +3,987 | New |
| Noble Wealth Management PBC | 2,350 | $25.2K | 0.01% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 2,206 | $23.7K | 0.00% | 00.0% | Unchanged |
| Navalign, LLC | 2,023 | $21.7K | 0.01% | +2,023 | New |
| US Bancorp | 1,755 | $18.8K | 0.00% | 00.0% | Unchanged |
| Root Financial Partners, LLC | 1,100 | $11.8K | 0.00% | 00.0% | Unchanged |
| Highline Wealth Partners LLC | 1,000 | $10.7K | 0.00% | 00.0% | Unchanged |
| Mascoma Wealth Management LLC | 691 | $7.42K | 0.00% | 00.0% | Unchanged |
| Nalls Sherbakoff Group, LLC | 400 | $4.30K | 0.00% | 00.0% | Unchanged |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −51,231−100.0% | Sold out |
| Global Retirement Partners, LLC | 0 | $0 | 0.00% | −28,955−100.0% | Sold out |
| Arlington Financial Advisors, LLC | 0 | $0 | 0.00% | −20,000−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −12,145−100.0% | Sold out |
| Dymon Asia Capital (Singapore) Pte. Ltd. | 0 | $0 | 0.00% | −11,946−100.0% | Sold out |
| Golden State Wealth Management, LLC | 0 | $0 | 0.00% | −10,572−100.0% | Sold out |
| Allworth Financial LP | 0 | $0 | 0.00% | −2,524−100.0% | Sold out |
| FNY Investment Advisers, LLC | 0 | $0 | 0.00% | −200−100.0% | Sold out |
| Napa Wealth Management | – | – | – | – | Not filed |
| Optimum Investment Advisors | – | – | – | – | Not filed |