BlackRock MuniYield Michigan Quality Fund
MIY
53 hedge funds and large institutions have $50.7M invested in BlackRock MuniYield Michigan Quality Fund in 2026 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 8 reducing their positions, and 3 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 8
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
4% more funds holding
Funds holding: 51 → 53 (+2)
0.79% less ownership
Funds ownership: 15.05% → 14.26% (-0.79%)
32% less capital inflows, than outflows
Capital inflows: $5.22M | Capital outflows: $7.73M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$692K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$538K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$495K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$472K |
| 5 |
Axxcess Wealth Management
Carlsbad,
California
|
+$417K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.75M |
| 2 |
Mackay Shields LLC
New York
|
-$2.15M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$989K |
| 4 |
Melone Private Wealth
Auburn Hills,
Michigan
|
-$779K |
| 5 |
Summit Trail Advisors
New York
|
-$532K |
MIY Hedge Fund Activity: Q2 2026 in Review
53 of the 8,367 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Michigan Quality Fund (MIY) for Q2 2026, worth a combined $50.7M — down 2.3% from $51.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MIY positions and 3 closed out — a net gain of 4 holders — while 22 added to existing stakes and 8 trimmed.
The largest buyer was Wells Fargo, adding an estimated $692K. The largest seller was Robinson Capital Management, cutting an estimated $2.75M.
- 53 institutional investors held BlackRock MuniYield Michigan Quality Fund (MIY) as of Q2 2026, up from 51 in Q1 2026.
- Funds reported $50.7M of BlackRock MuniYield Michigan Quality Fund stock for Q2 2026, down 2.3% quarter-over-quarter.
- 7 funds opened new BlackRock MuniYield Michigan Quality Fund positions in Q2 2026 and 3 closed out, a net change of +4 holders.
- The largest BlackRock MuniYield Michigan Quality Fund buyer in Q2 2026 was Wells Fargo, an estimated $692K added.
- The largest BlackRock MuniYield Michigan Quality Fund seller in Q2 2026 was Robinson Capital Management, an estimated $2.75M sold.
Based on aggregated 13F filings for Q2 2026.