Blackrock Muni Yield California Fund, Inc.
MYC
MYC was delisted on the 8th of April, 2022.
27 hedge funds and large institutions have $31.3M invested in Blackrock Muni Yield California Fund, Inc. in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
8% more funds holding
Funds holding: 25 → 27 (+2)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
9% less capital invested
Capital invested by funds: $34.6M → $31.3M (-$3.27M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.94M |
| 2 |
MBT
Montecito Bank & Trust
Santa Barbara,
California
|
+$204K |
| 3 |
LCM
Laurion Capital Management
New York
|
+$193K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$123K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$94.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Karp Capital Management
Sausalito,
California
|
-$1.34M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$474K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$384K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$281K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$132K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $11K | – | – | – |
|
27
US Bancorp
Minneapolis,
Minnesota
| $3K | -$10.2K | -650 | -76% |
|
|
KCM
28
Karp Capital Management
Sausalito,
California
| – | -$1.34M | -77,795 | Closed |
|
MYC Hedge Fund Activity: Q4 2016 in Review
27 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield California Fund, Inc. (MYC) for Q4 2016, worth a combined $31.3M — down 9.5% from $34.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MYC positions and 1 closed out — a net gain of 2 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $1.94M. The largest seller was Karp Capital Management, exiting entirely with an estimated $1.34M sold.
- 27 institutional investors held Blackrock Muni Yield California Fund, Inc. (MYC) as of Q4 2016, up from 25 in Q3 2016.
- Funds reported $31.3M of Blackrock Muni Yield California Fund, Inc. stock for Q4 2016, down 9.5% quarter-over-quarter.
- 3 funds opened new Blackrock Muni Yield California Fund, Inc. positions in Q4 2016 and 1 closed out, a net change of +2 holders.
- The largest Blackrock Muni Yield California Fund, Inc. buyer in Q4 2016 was Bank of America, an estimated $1.94M added.
- The largest Blackrock Muni Yield California Fund, Inc. seller in Q4 2016 was Karp Capital Management, an estimated $1.34M sold.
Based on aggregated 13F filings for Q4 2016.