BlackRock MuniYield Quality Fund
MQY
50 hedge funds and large institutions have $58.6M invested in BlackRock MuniYield Quality Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 8 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
0% less capital invested
Capital invested by funds: $58.8M → $58.6M (-$135K)
0.25% less ownership
Funds ownership: 13% → 12.75% (-0.25%)
4% less funds holding
Funds holding: 52 → 50 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.33M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$624K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$288K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$243K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.52M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$798K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$434K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$414K |
| 5 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $10K | – | – | – |
|
|
ASN
52
Advisory Services Network
Atlanta,
Georgia
| $10K | +$9.88K | +666 | New |
|
|
LCM
53
Laurion Capital Management
New York
| – | -$798K | -54,208 | Closed |
|
|
LCM
54
Landscape Capital Management
Englewood,
New Jersey
| – | -$434K | -29,504 | Closed |
|
55
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$233K | -15,840 | Closed |
|
|
HCM
56
Hollencrest Capital Management
Newport Beach,
California
| – | -$233K | -15,795 | Closed |
|
57
Squarepoint
New York
| – | -$212K | -14,400 | Closed |
|
|
RJFSA
58
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$155K | -10,533 | Closed |
|
59
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$34K | -2,279 | Closed |
|
|
FPFS
60
First Personal Financial Services
Charlotte,
North Carolina
| – | -$13K | -900 | Closed |
|
MQY Hedge Fund Activity: Q1 2017 in Review
50 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q1 2017, worth a combined $58.6M — down 0.23% from $58.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MQY and 7 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 14 added.
The largest buyer was Robinson Capital Management, adding an estimated $1.33M. The largest seller was Morgan Stanley, cutting an estimated $1.52M.
- 50 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q1 2017, down from 52 in Q4 2016.
- Funds reported $58.6M of BlackRock MuniYield Quality Fund stock for Q1 2017, down 0.23% quarter-over-quarter.
- 7 funds opened new BlackRock MuniYield Quality Fund positions in Q1 2017 and 8 closed out, a net change of -1 holder.
- The largest BlackRock MuniYield Quality Fund buyer in Q1 2017 was Robinson Capital Management, an estimated $1.33M added.
- The largest BlackRock MuniYield Quality Fund seller in Q1 2017 was Morgan Stanley, an estimated $1.52M sold.
Based on aggregated 13F filings for Q1 2017.