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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1M |
| 2 |
Morgan Stanley
New York
|
+$683K |
| 3 |
LPL Financial
San Diego,
California
|
+$419K |
| 4 |
Millennium Management
New York
|
+$169K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.6M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$610K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$506K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$348K |
| 5 |
PMFA
Plante Moran Financial Advisors
Southfield,
Michigan
|
-$263K |
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.