BlackRock MuniYield Michigan Quality Fund
MIY
59 hedge funds and large institutions have $70.1M invested in BlackRock MuniYield Michigan Quality Fund in 2024 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
0% more funds holding
Funds holding: 59 → 59 (0)
0.55% less ownership
Funds ownership: 22.14% → 21.6% (-0.55%)
9% less capital invested
Capital invested by funds: $77.1M → $70.1M (-$6.98M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$906K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$645K |
| 3 |
LPL Financial
San Diego,
California
|
+$492K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$331K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$308K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.05M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$813K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$694K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$563K |
| 5 |
SP
Stonebrook Private
Northville,
Michigan
|
-$436K |
MIY Hedge Fund Activity: Q4 2024 in Review
59 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Michigan Quality Fund (MIY) for Q4 2024, worth a combined $70.1M — down 9.1% from $77.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MIY positions and 5 closed out — a net gain of 2 holders — while 18 added to existing stakes and 13 trimmed.
The largest buyer was Kestra Advisory Services, adding an estimated $906K. The largest seller was Saba Capital Management, cutting an estimated $2.05M.
- 59 institutional investors held BlackRock MuniYield Michigan Quality Fund (MIY) as of Q4 2024, unchanged from Q3 2024.
- Funds reported $70.1M of BlackRock MuniYield Michigan Quality Fund stock for Q4 2024, down 9.1% quarter-over-quarter.
- 7 funds opened new BlackRock MuniYield Michigan Quality Fund positions in Q4 2024 and 5 closed out, a net change of +2 holders.
- The largest BlackRock MuniYield Michigan Quality Fund buyer in Q4 2024 was Kestra Advisory Services, an estimated $906K added.
- The largest BlackRock MuniYield Michigan Quality Fund seller in Q4 2024 was Saba Capital Management, an estimated $2.05M sold.
Based on aggregated 13F filings for Q4 2024.