BlackRock MuniYield Quality Fund
MQY
35 hedge funds and large institutions have $41.2M invested in BlackRock MuniYield Quality Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
27% more capital invested
Capital invested by funds: $32.4M → $41.2M (+$8.78M)
3% more funds holding
Funds holding: 34 → 35 (+1)
2.01% more ownership
Funds ownership: 7.54% → 9.55% (+2%)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.24M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.93M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1.3M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.15M |
| 5 |
Cohen & Steers
New York
|
+$857K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.28M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$316K |
| 3 |
First Manhattan
New York
|
-$276K |
| 4 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$212K |
| 5 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
-$182K |
MQY Hedge Fund Activity: Q4 2013 in Review
35 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q4 2013, worth a combined $41.2M — up 27% from $32.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MQY positions and 7 closed out — a net gain of 2 holders — while 6 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.24M. The largest seller was Bank of America, cutting an estimated $1.28M.
- 35 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q4 2013, up from 34 in Q3 2013.
- Funds reported $41.2M of BlackRock MuniYield Quality Fund stock for Q4 2013, up 27% quarter-over-quarter.
- 9 funds opened new BlackRock MuniYield Quality Fund positions in Q4 2013 and 7 closed out, a net change of +2 holders.
- The largest BlackRock MuniYield Quality Fund buyer in Q4 2013 was Morgan Stanley, an estimated $4.24M added.
- The largest BlackRock MuniYield Quality Fund seller in Q4 2013 was Bank of America, an estimated $1.28M sold.
Based on aggregated 13F filings for Q4 2013.