Blackrock Muni Yield California Fund, Inc.
MYC
MYC was delisted on the 8th of April, 2022.
32 hedge funds and large institutions have $32.4M invested in Blackrock Muni Yield California Fund, Inc. in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
19% more funds holding
Funds holding: 27 → 32 (+5)
3% more capital invested
Capital invested by funds: $31.3M → $32.4M (+$1.04M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Karp Capital Management
Sausalito,
California
|
+$1.26M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$682K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$537K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$536K |
| 5 |
SG Americas Securities
New York
|
+$382K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$638K |
| 2 |
Morgan Stanley
New York
|
-$592K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$222K |
| 4 |
MBT
Montecito Bank & Trust
Santa Barbara,
California
|
-$199K |
| 5 |
GS
Girard Securities
San Diego,
California
|
-$194K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DADC
26
D.A. Davidson & Co
Great Falls,
Montana
| $19K | – | – | – |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $19K | +$20.7K | +1,351 | New |
|
28
Creative Planning
Overland Park,
Kansas
| $18K | – | – | – |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $10K | – | – | – |
|
30
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
AF
31
Allworth Financial
Folsom,
California
| $3K | +$3.21K | +209 | New |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $2K | +$2K | +130 | New |
|
|
MBT
33
Montecito Bank & Trust
Santa Barbara,
California
| – | -$199K | -13,000 | Closed |
|
|
GS
34
Girard Securities
San Diego,
California
| – | -$194K | -12,689 | Closed |
|
MYC Hedge Fund Activity: Q1 2017 in Review
32 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield California Fund, Inc. (MYC) for Q1 2017, worth a combined $32.4M — up 3.3% from $31.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MYC positions and 2 closed out — a net gain of 5 holders — while 8 added to existing stakes and 5 trimmed.
The largest buyer was Karp Capital Management, opening a new position worth an estimated $1.26M. The largest seller was Invesco, cutting an estimated $638K.
- 32 institutional investors held Blackrock Muni Yield California Fund, Inc. (MYC) as of Q1 2017, up from 27 in Q4 2016.
- Funds reported $32.4M of Blackrock Muni Yield California Fund, Inc. stock for Q1 2017, up 3.3% quarter-over-quarter.
- 7 funds opened new Blackrock Muni Yield California Fund, Inc. positions in Q1 2017 and 2 closed out, a net change of +5 holders.
- The largest Blackrock Muni Yield California Fund, Inc. buyer in Q1 2017 was Karp Capital Management, an estimated $1.26M added.
- The largest Blackrock Muni Yield California Fund, Inc. seller in Q1 2017 was Invesco, an estimated $638K sold.
Based on aggregated 13F filings for Q1 2017.