BlackRock MuniYield Quality Fund
MQY
71 hedge funds and large institutions have $91M invested in BlackRock MuniYield Quality Fund in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 14 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
93% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 14
37% more capital invested
Capital invested by funds: $66.2M → $91M (+$24.8M)
11% more funds holding
Funds holding: 64 → 71 (+7)
7.04% more ownership
Funds ownership: 15.95% → 22.99% (+7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$9.88M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$8.58M |
| 3 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$2.59M |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$1.95M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.29M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.16M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$714K |
| 4 |
Morgan Stanley
New York
|
-$484K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
-$206K |
MQY Hedge Fund Activity: Q4 2018 in Review
71 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q4 2018, worth a combined $91M — up 37% from $66.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MQY positions and 5 closed out — a net gain of 7 holders — while 27 added to existing stakes and 14 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $9.88M. The largest seller was Robinson Capital Management, cutting an estimated $1.29M.
- 71 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q4 2018, up from 64 in Q3 2018.
- Funds reported $91M of BlackRock MuniYield Quality Fund stock for Q4 2018, up 37% quarter-over-quarter.
- 12 funds opened new BlackRock MuniYield Quality Fund positions in Q4 2018 and 5 closed out, a net change of +7 holders.
- The largest BlackRock MuniYield Quality Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $9.88M added.
- The largest BlackRock MuniYield Quality Fund seller in Q4 2018 was Robinson Capital Management, an estimated $1.29M sold.
Based on aggregated 13F filings for Q4 2018.