BlackRock MuniYield Michigan Quality Fund
MIY
49 hedge funds and large institutions have $55.9M invested in BlackRock MuniYield Michigan Quality Fund in 2025 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.89% less ownership
Funds ownership: 18% → 17.11% (-0.89%)
4% less capital invested
Capital invested by funds: $58.4M → $55.9M (-$2.43M)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
6% less funds holding
Funds holding: 52 → 49 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$546K |
| 2 |
MYIA
Mount Yale Investment Advisors
Denver,
Colorado
|
+$483K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$357K |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$327K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$208K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.89M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.1M |
| 3 |
MPW
Melone Private Wealth
Auburn Hills,
Michigan
|
-$785K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$487K |
| 5 |
Morgan Stanley
New York
|
-$424K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Balyasny Asset Management
Chicago,
Illinois
| – | -$271K | -24,569 | Closed |
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$177K | -16,053 | Closed |
|
|
VF
53
Virtu Financial
New York
| – | -$112K | -10,187 | Closed |
|
54
Envestnet Asset Management
Chicago,
Illinois
| – | -$111K | -10,038 | Closed |
|
|
EC
55
Elequin Capital
New York
| – | -$73.7K | -6,675 | Closed |
|
56
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$60.9K | -5,515 | Closed |
|
|
SA
57
Scarborough Advisors
Annapolis,
Maryland
| – | -$22.9K | -2,074 | Closed |
|
MIY Hedge Fund Activity: Q3 2025 in Review
49 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Michigan Quality Fund (MIY) for Q3 2025, worth a combined $55.9M — down 4.2% from $58.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MIY and 5 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 14 added.
The largest buyer was Kestra Advisory Services, adding an estimated $546K. The largest seller was Sit Investment Associates, cutting an estimated $1.89M.
- 49 institutional investors held BlackRock MuniYield Michigan Quality Fund (MIY) as of Q3 2025, down from 52 in Q2 2025.
- Funds reported $55.9M of BlackRock MuniYield Michigan Quality Fund stock for Q3 2025, down 4.2% quarter-over-quarter.
- 5 funds opened new BlackRock MuniYield Michigan Quality Fund positions in Q3 2025 and 7 closed out, a net change of -2 holders.
- The largest BlackRock MuniYield Michigan Quality Fund buyer in Q3 2025 was Kestra Advisory Services, an estimated $546K added.
- The largest BlackRock MuniYield Michigan Quality Fund seller in Q3 2025 was Sit Investment Associates, an estimated $1.89M sold.
Based on aggregated 13F filings for Q3 2025.