BlackRock MuniYield Quality Fund
MQY
109 hedge funds and large institutions have $180M invested in BlackRock MuniYield Quality Fund in 2023 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 35 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
2% more funds holding
Funds holding: 107 → 109 (+2)
1.04% more ownership
Funds ownership: 23.02% → 24.06% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less capital invested
Capital invested by funds: $195M → $180M (-$15.1M)
14% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$11.3M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$2.53M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.36M |
| 4 |
ITIM
Indiana Trust & Investment Management
Mishawaka,
Indiana
|
+$1.97M |
| 5 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5.35M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.5M |
| 3 |
Morgan Stanley
New York
|
-$2.31M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$657K |
| 5 |
Cohen & Steers
New York
|
-$452K |
MQY Hedge Fund Activity: Q3 2023 in Review
109 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q3 2023, worth a combined $180M — down 7.7% from $195M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MQY positions and 11 closed out — a net gain of 3 holders — while 30 added to existing stakes and 35 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $11.3M. The largest seller was Bank of America, cutting an estimated $5.35M.
- 109 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q3 2023, up from 107 in Q2 2023.
- Funds reported $180M of BlackRock MuniYield Quality Fund stock for Q3 2023, down 7.7% quarter-over-quarter.
- 14 funds opened new BlackRock MuniYield Quality Fund positions in Q3 2023 and 11 closed out, a net change of +3 holders.
- The largest BlackRock MuniYield Quality Fund buyer in Q3 2023 was Rivernorth Capital Management, an estimated $11.3M added.
- The largest BlackRock MuniYield Quality Fund seller in Q3 2023 was Bank of America, an estimated $5.35M sold.
Based on aggregated 13F filings for Q3 2023.