BlackRock MuniYield Quality Fund
MQY
72 hedge funds and large institutions have $91.5M invested in BlackRock MuniYield Quality Fund in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 13 reducing their positions, and 10 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 13
5% less capital invested
Capital invested by funds: $96.1M → $91.5M (-$4.59M)
1.1% less ownership
Funds ownership: 20.84% → 19.74% (-1.1%)
3% less funds holding
Funds holding: 74 → 72 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$774K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$656K |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$420K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$372K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.62M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.93M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$755K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$520K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$470K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northern Trust
Chicago,
Illinois
| – | -$2K | -15,927 | Closed |
|
|
DWM
77
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$223K | -14,824 | Closed |
|
78
LPL Financial
San Diego,
California
| – | -$172K | -11,430 | Closed |
|
|
PAS
79
Partnervest Advisory Services
Santa Barbara,
California
| – | -$165K | -10,948 | Closed |
|
|
PAM
80
Panagora Asset Management
Boston,
Massachusetts
| – | -$9K | -575 | Closed |
|
|
FIA
81
FNY Investment Advisers
New York
| – | -$3K | -258 | Closed |
|
|
EW
82
Evoke Wealth
Los Angeles,
California
| – | -$3.7K | -245 | Closed |
|
MQY Hedge Fund Activity: Q4 2019 in Review
72 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q4 2019, worth a combined $91.5M — down 4.8% from $96.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MQY and 9 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 24 added.
The largest buyer was Morgan Stanley, adding an estimated $774K. The largest seller was Karpus Investment Management, cutting an estimated $3.62M.
- 72 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q4 2019, down from 74 in Q3 2019.
- Funds reported $91.5M of BlackRock MuniYield Quality Fund stock for Q4 2019, down 4.8% quarter-over-quarter.
- 9 funds opened new BlackRock MuniYield Quality Fund positions in Q4 2019 and 10 closed out, a net change of -1 holder.
- The largest BlackRock MuniYield Quality Fund buyer in Q4 2019 was Morgan Stanley, an estimated $774K added.
- The largest BlackRock MuniYield Quality Fund seller in Q4 2019 was Karpus Investment Management, an estimated $3.62M sold.
Based on aggregated 13F filings for Q4 2019.