BlackRock MuniYield Quality Fund
MQY
55 hedge funds and large institutions have $58.1M invested in BlackRock MuniYield Quality Fund in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
10% more funds holding
Funds holding: 50 → 55 (+5)
0.41% less ownership
Funds ownership: 12.75% → 12.34% (-0.41%)
1% less capital invested
Capital invested by funds: $58.6M → $58.1M (-$540K)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.31M |
| 2 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$813K |
| 3 |
LCM
Laurion Capital Management
New York
|
+$800K |
| 4 |
Cohen & Steers
New York
|
+$479K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$4.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.01M |
| 3 |
LPL Financial
San Diego,
California
|
-$850K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$366K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$277K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
51
Steward Partners Investment Advisory
New York
| $32K | +$4.91K | +320 | +18% |
|
|
AIM
52
Arcadia Investment Management
Kalamazoo,
Michigan
| $31K | – | – | – |
|
|
BWA
53
BDO Wealth Advisors
Jacksonville,
Florida
| $11K | – | – | – |
|
54
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $11K | – | – | – |
|
|
ASN
55
Advisory Services Network
Atlanta,
Georgia
| $10K | – | – | – |
|
|
CFG
56
Citizens Financial Group
Providence,
Rhode Island
| $8K | +$7.67K | +500 | New |
|
|
IWM
57
IHT Wealth Management
Chicago,
Illinois
| $23 | +$78.6K | +5,122 | New |
|
|
58
LPL Financial
San Diego,
California
| – | -$850K | -56,789 | Closed |
|
|
SIA
59
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$245K | -16,377 | Closed |
|
|
AW
60
ACG Wealth
Atlanta,
Georgia
| – | -$157K | -10,462 | Closed |
|
|
AA
61
Apriem Advisors
Irvine,
California
| – | -$22K | -1,500 | Closed |
|
MQY Hedge Fund Activity: Q2 2017 in Review
55 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q2 2017, worth a combined $58.1M — down 0.92% from $58.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MQY positions and 4 closed out — a net gain of 5 holders — while 11 added to existing stakes and 14 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $2.31M. The largest seller was Robinson Capital Management, cutting an estimated $4.1M.
- 55 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q2 2017, up from 50 in Q1 2017.
- Funds reported $58.1M of BlackRock MuniYield Quality Fund stock for Q2 2017, down 0.92% quarter-over-quarter.
- 9 funds opened new BlackRock MuniYield Quality Fund positions in Q2 2017 and 4 closed out, a net change of +5 holders.
- The largest BlackRock MuniYield Quality Fund buyer in Q2 2017 was Guggenheim Capital, an estimated $2.31M added.
- The largest BlackRock MuniYield Quality Fund seller in Q2 2017 was Robinson Capital Management, an estimated $4.1M sold.
Based on aggregated 13F filings for Q2 2017.