BlackRock MuniYield Quality Fund
MQY
74 hedge funds and large institutions have $96.1M invested in BlackRock MuniYield Quality Fund in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
8% more capital invested
Capital invested by funds: $89.1M → $96.1M (+$6.94M)
4% more funds holding
Funds holding: 71 → 74 (+3)
0.78% more ownership
Funds ownership: 20.06% → 20.84% (+0.78%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.39M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$989K |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$786K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$704K |
| 5 |
Morgan Stanley
New York
|
+$673K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.55M |
| 2 |
JP Morgan Chase
New York
|
-$1.12M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$586K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$505K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$447K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
JP Morgan Chase
New York
| – | -$1.12M | -77,056 | Closed |
|
|
AA
77
AQR Arbitrage
Greenwich,
Connecticut
| – | -$326K | -22,479 | Closed |
|
|
FAAS
78
First Allied Advisory Services
San Diego,
California
| – | -$192K | -13,237 | Closed |
|
79
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$108K | -7,424 | Closed |
|
MQY Hedge Fund Activity: Q3 2019 in Review
74 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q3 2019, worth a combined $96.1M — up 7.8% from $89.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MQY positions and 5 closed out — a net gain of 3 holders — while 22 added to existing stakes and 17 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $2.39M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.55M sold.
- 74 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q3 2019, up from 71 in Q2 2019.
- Funds reported $96.1M of BlackRock MuniYield Quality Fund stock for Q3 2019, up 7.8% quarter-over-quarter.
- 8 funds opened new BlackRock MuniYield Quality Fund positions in Q3 2019 and 5 closed out, a net change of +3 holders.
- The largest BlackRock MuniYield Quality Fund buyer in Q3 2019 was Guggenheim Capital, an estimated $2.39M added.
- The largest BlackRock MuniYield Quality Fund seller in Q3 2019 was Wolverine Asset Management, an estimated $1.55M sold.
Based on aggregated 13F filings for Q3 2019.