BlackRock MuniYield Quality Fund
MQY
72 hedge funds and large institutions have $90.7M invested in BlackRock MuniYield Quality Fund in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
1% more funds holding
Funds holding: 71 → 72 (+1)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0% less capital invested
Capital invested by funds: $91M → $90.7M (-$359K)
1.83% less ownership
Funds ownership: 22.99% → 21.15% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$5.33M |
| 2 |
JP Morgan Chase
New York
|
+$2.46M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.68M |
| 4 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$905K |
| 5 |
Morgan Stanley
New York
|
+$609K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$9.24M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.03M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.45M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.41M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Millennium Management
New York
| – | -$314K | -24,163 | Closed |
|
|
PAG
77
Private Advisor Group
Morristown,
New Jersey
| – | -$253K | -19,481 | Closed |
|
78
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$235K | -18,106 | Closed |
|
79
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$167K | -12,835 | Closed |
|
|
MWA
80
Meridian Wealth Advisors
Austin,
Texas
| – | -$101K | -7,743 | Closed |
|
|
LWA
81
Lenox Wealth Advisors
New York
| – | -$10K | -793 | Closed |
|
|
MOS
82
MGO One Seven
Beachwood,
Ohio
| – | -$3K | -266 | Closed |
|
|
LA
83
Legacy Advisors
Plymouth Meeting,
Pennsylvania
| – | +$14 | +1 | New |
|
MQY Hedge Fund Activity: Q1 2019 in Review
72 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q1 2019, worth a combined $90.7M — down 0.39% from $91M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MQY positions and 9 closed out — a net gain of 2 holders — while 19 added to existing stakes and 18 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $5.33M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $9.24M sold.
- 72 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q1 2019, up from 71 in Q4 2018.
- Funds reported $90.7M of BlackRock MuniYield Quality Fund stock for Q1 2019, down 0.39% quarter-over-quarter.
- 11 funds opened new BlackRock MuniYield Quality Fund positions in Q1 2019 and 9 closed out, a net change of +2 holders.
- The largest BlackRock MuniYield Quality Fund buyer in Q1 2019 was Robinson Capital Management, an estimated $5.33M added.
- The largest BlackRock MuniYield Quality Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $9.24M sold.
Based on aggregated 13F filings for Q1 2019.