BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST
BSE was delisted on the 9th of April, 2021.
21 hedge funds and large institutions have $25.4M invested in BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
5% less funds holding
Funds holding: 22 → 21 (-1)
8% less capital invested
Capital invested by funds: $27.6M → $25.4M (-$2.13M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.71M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.16M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$403K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$123K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.08M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$610K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$159K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$39.7K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$31K |
BSE Hedge Fund Activity: Q1 2020 in Review
21 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST (BSE) for Q1 2020, worth a combined $25.4M — down 7.7% from $27.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BSE positions and 2 closed out — a net gain of 1 holder — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.71M. The largest seller was Saba Capital Management, cutting an estimated $3.08M.
- 21 institutional investors held BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST (BSE) as of Q1 2020, down from 22 in Q4 2019.
- Funds reported $25.4M of BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST stock for Q1 2020, down 7.7% quarter-over-quarter.
- 3 funds opened new BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST positions in Q1 2020 and 2 closed out, a net change of +1 holder.
- The largest BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST buyer in Q1 2020 was Karpus Investment Management, an estimated $2.71M added.
- The largest BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST seller in Q1 2020 was Saba Capital Management, an estimated $3.08M sold.
Based on aggregated 13F filings for Q1 2020.