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
BFZ is no longer listed, so this page shows Q4 2025. 13F filings for later quarters list far fewer holders.
- 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 |
|---|---|---|---|---|---|
| Nalls Sherbakoff Group, LLC | 400 | $4.30K | 0.00% | 00.0% | Unchanged |
| Mascoma Wealth Management LLC | 691 | $7.42K | 0.00% | 00.0% | Unchanged |
| Highline Wealth Partners LLC | 1,000 | $10.7K | 0.00% | 00.0% | Unchanged |
| Root Financial Partners, LLC | 1,100 | $11.8K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 1,755 | $18.8K | 0.00% | 00.0% | Unchanged |
| Navalign, LLC | 2,023 | $21.7K | 0.01% | +2,023 | New |
| Northwestern Mutual Wealth Management Co | 2,206 | $23.7K | 0.00% | 00.0% | Unchanged |
| Noble Wealth Management PBC | 2,350 | $25.2K | 0.01% | 00.0% | Unchanged |
| Elyxium Wealth, LLC | 3,987 | $42.8K | 0.01% | +3,987 | New |
| CWM, LLC | 6,153 | $66.0K | 0.00% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 7,608 | $81.7K | 0.00% | −5,000−39.7% | Reduced |
| 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 |
| First Foundation Advisors | 10,126 | $108.8K | 0.00% | 00.0% | Unchanged |
| Mariner, LLC | 10,976 | $117.9K | 0.00% | +10,976 | New |
| XTX Topco Ltd | 11,564 | $124.2K | 0.00% | +11,564 | New |
| Steward Partners Investment Advisory, LLC | 14,425 | $154.9K | 0.00% | 00.0% | Unchanged |
| Citadel Advisors LLC | 14,806 | $159.0K | 0.00% | +14,806 | New |
| Commonwealth Equity Services, LLC | 15,012 | $161.2K | 0.00% | +536+3.7% | Added |
| Cerity Partners LLC | 15,271 | $164.0K | 0.00% | +15,271 | New |
| Core Wealth Partners LLC | 15,320 | $164.5K | 0.07% | 00.0% | Unchanged |
| Millennium Management LLC | 15,567 | $167.2K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 16,431 | $176.5K | 0.00% | +2,225+15.7% | Added |
| Meridian Investment Counsel Inc. | 20,525 | $220.4K | 0.05% | −5,425−20.9% | Reduced |
| Bank of Montreal | 20,572 | $221.8K | 0.00% | +20,572 | New |
| Regatta Capital Group, LLC | 20,673 | $222.0K | 0.03% | −70.0% | Reduced |
| Two Sigma Securities, LLC | 21,018 | $225.7K | 0.03% | +21,018 | New |
| Evolve Private Wealth, LLC | 21,734 | $233.4K | 0.01% | +21,734 | New |
| Cetera Investment Advisers | 22,365 | $240.2K | 0.00% | −10,315−31.6% | Reduced |
| Wedbush Securities Inc | 23,800 | $256.0K | 0.01% | +10,300+76.3% | Added |
| Dakota Wealth Management | 27,000 | $290.0K | 0.01% | +27,000 | New |
| Readystate Asset Management LP | 29,492 | $316.7K | 0.01% | +14,850+101.4% | Added |
| Tortuga Wealth Management, Inc | 29,800 | $320.1K | 0.34% | +29,800 | New |
| Jane Street Group, LLC | 31,861 | $342.2K | 0.00% | +31,861 | New |
| Ameriprise Financial Inc | 33,650 | $361.4K | 0.00% | +4,790+16.6% | Added |
| Landscape Capital Management, L.L.C. | 33,773 | $362.7K | 0.02% | +3,226+10.6% | Added |
| Prospera Financial Services Inc | 36,254 | $389.4K | 0.01% | +36,254 | New |
| D.A. Davidson & Co. | 38,412 | $412.5K | 0.00% | +5,633+17.2% | Added |
| Royal Bank of Canada | 41,345 | $444.0K | 0.00% | −10,689−20.5% | Reduced |
| Vivaldi Capital Management, LLC | 44,146 | $474.1K | 0.06% | −227−0.5% | Reduced |
| Myecfo, LLC | 44,600 | $479.0K | 0.20% | +44,600 | New |
| Logan Stone Capital, LLC | 46,406 | $498.4K | 0.12% | +10,840+30.5% | Added |
| Baird Financial Group, Inc. | 47,662 | $511.9K | 0.00% | +47,662 | New |
| Cypress Wealth Services, LLC | 56,298 | $604.6K | 0.08% | +1,159+2.1% | Added |
| Raymond James Financial Inc | 60,820 | $653.2K | 0.00% | +12,794+26.6% | Added |
| Bank of New York Mellon Corp | 68,537 | $736.1K | 0.00% | +51,418+300.4% | Added |
| Allianz Asset Management GmbH | 68,750 | $738.4K | 0.00% | 00.0% | Unchanged |
| Melfa Wealth Management, LLC | 75,913 | $815.3K | 0.47% | +120.0% | Added |
| Hollencrest Capital Management | 78,421 | $842.2K | 0.03% | 00.0% | Unchanged |
| Ieq Capital, LLC | 91,821 | $986.2K | 0.00% | +1,543+1.7% | Added |
| Wolverine Asset Management LLC | 108,119 | $1.16M | 0.02% | +35,226+48.3% | Added |
| Oder Investment Management, LLC | 110,929 | $1.19M | 0.86% | −6,730−5.7% | Reduced |
| Sit Investment Associates Inc | 119,023 | $1.28M | 0.03% | +117,873+10,249.8% | Added |
| Bank of America Corp | 119,199 | $1.28M | 0.00% | +33,681+39.4% | Added |
| UBS Group AG | 119,820 | $1.29M | 0.00% | −20,827−14.8% | Reduced |
| Atala Financial Inc | 132,180 | $1.42M | 0.91% | 00.0% | Unchanged |
| Trilogy Capital Inc. | 168,123 | $1.81M | 0.08% | −28,496−14.5% | Reduced |
| Wells Fargo & Company | 230,209 | $2.47M | 0.00% | −27,876−10.8% | Reduced |
| LPL Financial LLC | 251,285 | $2.70M | 0.00% | −21,249−7.8% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 252,580 | $2.71M | 0.09% | +2,449+1.0% | Added |
| Fiera Capital Corp | 268,230 | $2.88M | 0.01% | +268,230 | New |
| Karpus Management, Inc. | 285,799 | $3.07M | 0.09% | +285,799 | New |
| Advisors Asset Management, Inc. | 457,999 | $4.92M | 0.08% | −127,668−21.8% | Reduced |
| Allspring Global Investments Holdings, LLC | 494,599 | $5.31M | 0.01% | +167,341+51.1% | Added |
| Guggenheim Capital LLC | 500,651 | $5.38M | 0.04% | −120,212−19.4% | Reduced |
| Robinson Capital Management, LLC | 555,262 | $5.97M | 2.50% | +555,262 | New |
| Morgan Stanley | 718,538 | $7.72M | 0.00% | +36,721+5.4% | Added |
| Rivernorth Capital Management, LLC | 977,578 | $10.5M | 0.50% | +650,601+199.0% | Added |
| Saba Capital Management, L.P. | 1,299,311 | $14.0M | 0.47% | −1,468,713−53.1% | Reduced |
| 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 |