We are live on ! Find out more
MIY icon

BlackRock MuniYield Michigan Quality Fund
MIY

47 hedge funds and large institutions have $69.3M invested in BlackRock MuniYield Michigan Quality Fund in 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $65.8M → $69.3M (+$3.51M)

0.9% more ownership

Funds ownership: 14.48% → 15.38% (+0.9%)

0% more funds holding

Funds holding: 47 → 47 (0)

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

0% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 14

Holders
47
Holders Change
–
Holders Change %
0%
% of All Funds
0.72%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
14
Reduced
14
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
+$1M
2
Morgan Stanley
Morgan Stanley
New York
+$683K
3
LPL Financial
LPL Financial
California
+$419K
4
Millennium Management
Millennium Management
New York
+$169K
5
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$121K

Top Sellers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
-$1.6M
2
KAS
Kestra Advisory Services
Texas
-$610K
3
Bank of America
Bank of America
North Carolina
-$506K
4
RCM
Robinson Capital Management
Michigan
-$348K
5
PMFA
Plante Moran Financial Advisors
Michigan
-$263K
Name Holding Trade Value Shares
Change 		Change in
Stake
SAM
26
Secure Asset Management
Michigan
$533K +$69.7K +4,569 +15%
PAG
27
Private Advisor Group
New Jersey
$359K +$49.6K +3,253 +16%
AWA
28
Acorn Wealth Advisors
Michigan
$353K -$19.8K -1,300 -5%
RWA
29
Redhawk Wealth Advisors
Minnesota
$322K – – –
Envestnet Asset Management
30
Envestnet Asset Management
Illinois
$246K -$5.4K -354 -2%
Osaic Holdings
31
Osaic Holdings
Arizona
$220K -$50.1K -3,283 -19%
Mercer Global Advisors
32
Mercer Global Advisors
Colorado
$209K -$7.63K -500 -4%
AIM
33
Arcadia Investment Management
Michigan
$186K – – –
LPIC
34
LeJeune Puetz Investment Counsel
Michigan
$177K – – –
Millennium Management
35
Millennium Management
New York
$170K +$169K +11,104 New
NFG
36
Next Financial Group
Texas
$148K – – –
CF
37
Centaurus Financial
California
$106K – – –
CFGS
38
Concourse Financial Group Securities
Alabama
$90K – – –
Fifth Third Bancorp
39
Fifth Third Bancorp
Ohio
$77K – – –
CA
40
CoreCap Advisors
Michigan
$52K +$51.4K +3,367 New
Northwestern Mutual Wealth Management
41
Northwestern Mutual Wealth Management
Wisconsin
$38K – – –
HNB
42
Huntington National Bank
Ohio
$15K – – –
BFEC
43
Benjamin F. Edwards & Company
Missouri
$14K – – –
GEA
44
Glen Eagle Advisors
New Jersey
$10.7K – – –
SWM
45
Spire Wealth Management
Virginia
$10K +$137 +9 +1%
UB
46
UMB Bank
Missouri
$5K +$4.7K +308 New
Northern Trust
47
Northern Trust
Illinois
$4K +$610 +40 +0.2%
KAS
48
Kestra Advisory Services
Texas
– -$610K -39,457 Closed
RCM
49
Robinson Capital Management
Michigan
– -$348K -22,516 Closed
PMFA
50
Plante Moran Financial Advisors
Michigan
– -$263K -17,000 Closed
1
2
3

MIY Hedge Fund Activity: Q4 2021 in Review

47 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Michigan Quality Fund (MIY) for Q4 2021, worth a combined $69.3M — up 5.3% from $65.8M a quarter earlier.

Fund positioning in MIY was balanced in Q4 2021: 6 funds opened new positions, 6 closed out, 14 added to existing stakes and 14 trimmed.

The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $1M. The largest seller was Wells Fargo, cutting an estimated $1.6M.

  • 47 institutional investors held BlackRock MuniYield Michigan Quality Fund (MIY) as of Q4 2021, unchanged from Q3 2021.
  • Funds reported $69.3M of BlackRock MuniYield Michigan Quality Fund stock for Q4 2021, up 5.3% quarter-over-quarter.
  • 6 funds opened new BlackRock MuniYield Michigan Quality Fund positions in Q4 2021 and 6 closed out, a net change of 0 holders.
  • The largest BlackRock MuniYield Michigan Quality Fund buyer in Q4 2021 was Fiera Capital (Canada), an estimated $1M added.
  • The largest BlackRock MuniYield Michigan Quality Fund seller in Q4 2021 was Wells Fargo, an estimated $1.6M sold.

Based on aggregated 13F filings for Q4 2021.