BlackRock MuniYield Quality Fund
MQY
115 hedge funds and large institutions have $219M invested in BlackRock MuniYield Quality Fund in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 42 reducing their positions, and 14 closing their positions.
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
2% less funds holding
Funds holding: 117 → 115 (-2)
5.49% less ownership
Funds ownership: 29.87% → 24.37% (-5.5%)
18% less capital invested
Capital invested by funds: $267M → $219M (-$48.1M)
33% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 42
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.6M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$814K |
| 3 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
+$608K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$592K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$590K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$34M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$9.04M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.69M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.19M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.81M |
MQY Hedge Fund Activity: Q1 2024 in Review
115 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund (MQY) for Q1 2024, worth a combined $219M — down 18% from $267M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MQY and 13 opened new positions — a net loss of 1 holder — while 42 trimmed existing stakes and 28 added.
The largest buyer was Guggenheim Capital, adding an estimated $2.6M. The largest seller was Morgan Stanley, cutting an estimated $34M.
- 115 institutional investors held BlackRock MuniYield Quality Fund (MQY) as of Q1 2024, down from 117 in Q4 2023.
- Funds reported $219M of BlackRock MuniYield Quality Fund stock for Q1 2024, down 18% quarter-over-quarter.
- 13 funds opened new BlackRock MuniYield Quality Fund positions in Q1 2024 and 14 closed out, a net change of -1 holder.
- The largest BlackRock MuniYield Quality Fund buyer in Q1 2024 was Guggenheim Capital, an estimated $2.6M added.
- The largest BlackRock MuniYield Quality Fund seller in Q1 2024 was Morgan Stanley, an estimated $34M sold.
Based on aggregated 13F filings for Q1 2024.