Blackrock Muni Yield California Fund, Inc.
MYC
MYC was delisted on the 8th of April, 2022.
43 hedge funds and large institutions have $64.4M invested in Blackrock Muni Yield California Fund, Inc. in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 5 closing their positions.
11% more capital invested
Capital invested by funds: $57.9M → $64.4M (+$6.51M)
2.1% more ownership
Funds ownership: 18.26% → 20.36% (+2.1%)
2% less funds holding
Funds holding: 44 → 43 (-1)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.72M |
| 2 |
Morgan Stanley
New York
|
+$2.52M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.98M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$464K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$317K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.48M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.46M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$620K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$441K |
| 5 |
WT
Whittier Trust
South Pasadena,
California
|
-$296K |
MYC Hedge Fund Activity: Q1 2021 in Review
43 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield California Fund, Inc. (MYC) for Q1 2021, worth a combined $64.4M — up 11% from $57.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MYC and 4 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 13 added.
The largest buyer was Karpus Investment Management, adding an estimated $2.72M. The largest seller was Fiera Capital (Canada), cutting an estimated $1.48M.
- 43 institutional investors held Blackrock Muni Yield California Fund, Inc. (MYC) as of Q1 2021, down from 44 in Q4 2020.
- Funds reported $64.4M of Blackrock Muni Yield California Fund, Inc. stock for Q1 2021, up 11% quarter-over-quarter.
- 4 funds opened new Blackrock Muni Yield California Fund, Inc. positions in Q1 2021 and 5 closed out, a net change of -1 holder.
- The largest Blackrock Muni Yield California Fund, Inc. buyer in Q1 2021 was Karpus Investment Management, an estimated $2.72M added.
- The largest Blackrock Muni Yield California Fund, Inc. seller in Q1 2021 was Fiera Capital (Canada), an estimated $1.48M sold.
Based on aggregated 13F filings for Q1 2021.