Blackrock Muni Yield California Fund, Inc.
MYC
MYC was delisted on the 8th of April, 2022.
38 hedge funds and large institutions have $50.8M invested in Blackrock Muni Yield California Fund, Inc. in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 7 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
9% more capital invested
Capital invested by funds: $46.6M → $50.8M (+$4.19M)
7% less funds holding
Funds holding: 41 → 38 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2M |
| 2 |
Morgan Stanley
New York
|
+$1.44M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$503K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$493K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$411K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Sunbelt Securities
Houston,
Texas
|
-$627K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$532K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$459K |
| 4 |
SCM
Saba Capital Management
New York
|
-$387K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$340K |
MYC Hedge Fund Activity: Q2 2020 in Review
38 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield California Fund, Inc. (MYC) for Q2 2020, worth a combined $50.8M — up 9% from $46.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MYC and 4 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 13 added.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $2M. The largest seller was Sunbelt Securities, exiting entirely with an estimated $627K sold.
- 38 institutional investors held Blackrock Muni Yield California Fund, Inc. (MYC) as of Q2 2020, down from 41 in Q1 2020.
- Funds reported $50.8M of Blackrock Muni Yield California Fund, Inc. stock for Q2 2020, up 9% quarter-over-quarter.
- 4 funds opened new Blackrock Muni Yield California Fund, Inc. positions in Q2 2020 and 7 closed out, a net change of -3 holders.
- The largest Blackrock Muni Yield California Fund, Inc. buyer in Q2 2020 was Curi RMB Capital, an estimated $2M added.
- The largest Blackrock Muni Yield California Fund, Inc. seller in Q2 2020 was Sunbelt Securities, an estimated $627K sold.
Based on aggregated 13F filings for Q2 2020.