BlackRock MuniYield Michigan Quality Fund
MIY
51 hedge funds and large institutions have $51.9M invested in BlackRock MuniYield Michigan Quality Fund in 2026 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 13 closing their positions.
1.69% less ownership
Funds ownership: 16.74% → 15.05% (-1.7%)
7% less funds holding
Funds holding: 55 → 51 (-4)
9% less capital invested
Capital invested by funds: $56.9M → $51.9M (-$5.02M)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
STA
Summit Trail Advisors
New York
|
+$547K |
| 2 |
PA
Parallel Advisors
San Francisco,
California
|
+$455K |
| 3 |
MCP
Miller Capital Partners
Troy,
Michigan
|
+$387K |
| 4 |
WMA
West Michigan Advisors
Holland,
Michigan
|
+$289K |
| 5 |
FA
FSA Advisors
Troy,
Michigan
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.19M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.05M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.62M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$966K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$464K |
MIY Hedge Fund Activity: Q1 2026 in Review
51 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Michigan Quality Fund (MIY) for Q1 2026, worth a combined $51.9M — down 8.8% from $56.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MIY and 10 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 9 added.
The largest buyer was Summit Trail Advisors, opening a new position worth an estimated $547K. The largest seller was Robinson Capital Management, cutting an estimated $2.19M.
- 51 institutional investors held BlackRock MuniYield Michigan Quality Fund (MIY) as of Q1 2026, down from 55 in Q4 2025.
- Funds reported $51.9M of BlackRock MuniYield Michigan Quality Fund stock for Q1 2026, down 8.8% quarter-over-quarter.
- 10 funds opened new BlackRock MuniYield Michigan Quality Fund positions in Q1 2026 and 13 closed out, a net change of -3 holders.
- The largest BlackRock MuniYield Michigan Quality Fund buyer in Q1 2026 was Summit Trail Advisors, an estimated $547K added.
- The largest BlackRock MuniYield Michigan Quality Fund seller in Q1 2026 was Robinson Capital Management, an estimated $2.19M sold.
Based on aggregated 13F filings for Q1 2026.