BlackRock MuniYield Quality Fund
MQY
63 hedge funds and large institutions have $81.1M invested in BlackRock MuniYield Quality Fund in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 10 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
2.14% less ownership
Funds ownership: 19.68% → 17.54% (-2.1%)
8% less capital invested
Capital invested by funds: $88M → $81.1M (-$6.92M)
10% less funds holding
Funds holding: 70 → 63 (-7)
70% less first-time investments, than exits
New positions opened: 3 | 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 |
Bank of America
Charlotte,
North Carolina
|
+$7.48M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.67M |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$420K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$294K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$6.66M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.87M |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$2.25M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.85M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.03M |
MQY Hedge Fund Activity: Q2 2020 in Review
63 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q2 2020, worth a combined $81.1M — down 7.9% from $88M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MQY and 3 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 18 added.
The largest buyer was Bank of America, adding an estimated $7.48M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $6.66M sold.
- 63 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q2 2020, down from 70 in Q1 2020.
- Funds reported $81.1M of BlackRock MuniYield Quality Fund stock for Q2 2020, down 7.9% quarter-over-quarter.
- 3 funds opened new BlackRock MuniYield Quality Fund positions in Q2 2020 and 10 closed out, a net change of -7 holders.
- The largest BlackRock MuniYield Quality Fund buyer in Q2 2020 was Bank of America, an estimated $7.48M added.
- The largest BlackRock MuniYield Quality Fund seller in Q2 2020 was Robinson Capital Management, an estimated $6.66M sold.
Based on aggregated 13F filings for Q2 2020.