BlackRock MuniYield Quality Fund
MQY
117 hedge funds and large institutions have $267M invested in BlackRock MuniYield Quality Fund in 2023 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 35 increasing their positions, 32 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
48% more capital invested
Capital invested by funds: $180M → $267M (+$86.7M)
7% more funds holding
Funds holding: 109 → 117 (+8)
5.81% more ownership
Funds ownership: 24.06% → 29.87% (+5.8%)
9% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$36.2M |
| 2 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$3.32M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.35M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.85M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.32M |
| 3 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$881K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$527K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$484K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$113K | -11,094 | Closed |
|
|
OC
127
Oppenheimer & Co
New York
| – | -$106K | -10,365 | Closed |
|
128
Mariner
Overland Park,
Kansas
| – | -$103K | -10,072 | Closed |
|
|
WAM
129
Wolverine Asset Management
Chicago,
Illinois
| – | -$74.7K | -7,298 | Closed |
|
130
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$25.4K | -2,480 | Closed |
|
|
FIA
131
FNY Investment Advisers
New York
| – | -$11K | -1,100 | Closed |
|
|
SIS
132
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$10.5K | -1,024 | Closed |
|
MQY Hedge Fund Activity: Q4 2023 in Review
117 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q4 2023, worth a combined $267M — up 48% from $180M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new MQY positions and 14 closed out — a net gain of 8 holders — while 35 added to existing stakes and 32 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $36.2M. The largest seller was Logan Stone Capital, exiting entirely with an estimated $1.6M sold.
- 117 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q4 2023, up from 109 in Q3 2023.
- Funds reported $267M of BlackRock MuniYield Quality Fund stock for Q4 2023, up 48% quarter-over-quarter.
- 22 funds opened new BlackRock MuniYield Quality Fund positions in Q4 2023 and 14 closed out, a net change of +8 holders.
- The largest BlackRock MuniYield Quality Fund buyer in Q4 2023 was Morgan Stanley, an estimated $36.2M added.
- The largest BlackRock MuniYield Quality Fund seller in Q4 2023 was Logan Stone Capital, an estimated $1.6M sold.
Based on aggregated 13F filings for Q4 2023.