Blackrock Muni Yield California Fund, Inc.
MYC
MYC was delisted on the 8th of April, 2022.
26 hedge funds and large institutions have $32.9M invested in Blackrock Muni Yield California Fund, Inc. in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 5 closing their positions.
3% more capital invested
Capital invested by funds: $31.8M → $32.9M (+$1.1M)
7% less funds holding
Funds holding: 28 → 26 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.88M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$647K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$222K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$107K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$61.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$561K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$499K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$328K |
| 4 |
Morgan Stanley
New York
|
-$270K |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$237K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $11K | – | – | – |
|
27
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
28
SEI Investments
Oaks,
Pennsylvania
| – | -$237K | -15,600 | Closed |
|
29
First Trust Advisors
Wheaton,
Illinois
| – | -$161K | -10,575 | Closed |
|
|
DADC
30
D.A. Davidson & Co
Great Falls,
Montana
| – | -$19K | -1,300 | Closed |
|
31
Creative Planning
Overland Park,
Kansas
| – | -$18K | -1,200 | Closed |
|
|
WAM
32
Wolverine Asset Management
Chicago,
Illinois
| – | -$4K | -269 | Closed |
|
MYC Hedge Fund Activity: Q3 2017 in Review
26 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield California Fund, Inc. (MYC) for Q3 2017, worth a combined $32.9M — up 3.5% from $31.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MYC and 3 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $1.88M. The largest seller was Bank of America, cutting an estimated $561K.
- 26 institutional investors held Blackrock Muni Yield California Fund, Inc. (MYC) as of Q3 2017, down from 28 in Q2 2017.
- Funds reported $32.9M of Blackrock Muni Yield California Fund, Inc. stock for Q3 2017, up 3.5% quarter-over-quarter.
- 3 funds opened new Blackrock Muni Yield California Fund, Inc. positions in Q3 2017 and 5 closed out, a net change of -2 holders.
- The largest Blackrock Muni Yield California Fund, Inc. buyer in Q3 2017 was Fiera Capital (Canada), an estimated $1.88M added.
- The largest Blackrock Muni Yield California Fund, Inc. seller in Q3 2017 was Bank of America, an estimated $561K sold.
Based on aggregated 13F filings for Q3 2017.