BlackRock MuniYield Quality Fund
MQY
107 hedge funds and large institutions have $195M invested in BlackRock MuniYield Quality Fund in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 34 increasing their positions, 31 reducing their positions, and 12 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 31
3% more capital invested
Capital invested by funds: $190M → $195M (+$5.52M)
1% more ownership
Funds ownership: 22.02% → 23.02% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 113 → 107 (-6)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.41M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.9M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.21M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.08M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.69M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$1.19M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$635K |
| 4 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$601K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$278K |
MQY Hedge Fund Activity: Q2 2023 in Review
107 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q2 2023, worth a combined $195M — up 2.9% from $190M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MQY and 7 opened new positions — a net loss of 5 holders — while 31 trimmed existing stakes and 34 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $5.41M. The largest seller was Morgan Stanley, cutting an estimated $2.69M.
- 107 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q2 2023, down from 113 in Q1 2023.
- Funds reported $195M of BlackRock MuniYield Quality Fund stock for Q2 2023, up 2.9% quarter-over-quarter.
- 7 funds opened new BlackRock MuniYield Quality Fund positions in Q2 2023 and 12 closed out, a net change of -5 holders.
- The largest BlackRock MuniYield Quality Fund buyer in Q2 2023 was Rivernorth Capital Management, an estimated $5.41M added.
- The largest BlackRock MuniYield Quality Fund seller in Q2 2023 was Morgan Stanley, an estimated $2.69M sold.
Based on aggregated 13F filings for Q2 2023.