BlackRock MuniYield Quality Fund
MQY
34 hedge funds and large institutions have $32.4M invested in BlackRock MuniYield Quality Fund in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 4 closing their positions.
4% more capital invested
Capital invested by funds: $31.2M → $32.4M (+$1.21M)
0.95% more ownership
Funds ownership: 6.59% → 7.54% (+0.95%)
3% less funds holding
Funds holding: 35 → 34 (-1)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$3.27M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$738K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$674K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$324K |
| 5 |
Morgan Stanley
New York
|
+$141K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$437K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$412K |
| 3 |
HK
Horizon Kinetics
New York
|
-$246K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$141K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$110K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EFSCE
26
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $69K | +$68.1K | +4,900 | New |
|
|
BAM
27
Barrett Asset Management
New York
| $59K | – | – | – |
|
28
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $45K | -$3.34K | -240 | -7% |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $37K | – | – | – |
|
30
Citigroup
New York
| $28K | +$28.2K | +2,028 | New |
|
31
Creative Planning
Overland Park,
Kansas
| $11K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $10K | +$5.66K | +407 | +122% |
|
|
WRM
33
Westport Resources Management
Westport,
Connecticut
| $7K | – | – | – |
|
34
Ameriprise
Minneapolis,
Minnesota
| $5K | +$11.4K | +823 | New |
|
|
RJFSA
35
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$412K | -26,664 | Closed |
|
|
HK
36
Horizon Kinetics
New York
| – | -$246K | -15,924 | Closed |
|
|
MA
37
MUFG Americas
New York
| – | -$39K | -2,541 | Closed |
|
|
FNBT
38
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$10K | -652 | Closed |
|
MQY Hedge Fund Activity: Q3 2013 in Review
34 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q3 2013, worth a combined $32.4M — up 3.9% from $31.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MQY and 3 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 11 added.
The largest buyer was UBS, adding an estimated $3.27M. The largest seller was Advisors Asset Management, cutting an estimated $437K.
- 34 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q3 2013, down from 35 in Q2 2013.
- Funds reported $32.4M of BlackRock MuniYield Quality Fund stock for Q3 2013, up 3.9% quarter-over-quarter.
- 3 funds opened new BlackRock MuniYield Quality Fund positions in Q3 2013 and 4 closed out, a net change of -1 holder.
- The largest BlackRock MuniYield Quality Fund buyer in Q3 2013 was UBS, an estimated $3.27M added.
- The largest BlackRock MuniYield Quality Fund seller in Q3 2013 was Advisors Asset Management, an estimated $437K sold.
Based on aggregated 13F filings for Q3 2013.