Blackrock Muni Yield California Fund, Inc.
MYC
MYC was delisted on the 8th of April, 2022.
42 hedge funds and large institutions have $70.8M invested in Blackrock Muni Yield California Fund, Inc. in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 4 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
10% more capital invested
Capital invested by funds: $64.4M → $70.8M (+$6.4M)
1.1% more ownership
Funds ownership: 20.36% → 21.46% (+1.1%)
2% less funds holding
Funds holding: 43 → 42 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.7M |
| 2 |
Morgan Stanley
New York
|
+$1.05M |
| 3 |
KCM
Karp Capital Management
Sausalito,
California
|
+$356K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$207K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$546K |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$465K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$242K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$194K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$188K |
MYC Hedge Fund Activity: Q2 2021 in Review
42 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield California Fund, Inc. (MYC) for Q2 2021, worth a combined $70.8M — up 9.9% from $64.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MYC and 3 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 16 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.7M. The largest seller was Royal Bank of Canada, cutting an estimated $546K.
- 42 institutional investors held Blackrock Muni Yield California Fund, Inc. (MYC) as of Q2 2021, down from 43 in Q1 2021.
- Funds reported $70.8M of Blackrock Muni Yield California Fund, Inc. stock for Q2 2021, up 9.9% quarter-over-quarter.
- 3 funds opened new Blackrock Muni Yield California Fund, Inc. positions in Q2 2021 and 4 closed out, a net change of -1 holder.
- The largest Blackrock Muni Yield California Fund, Inc. buyer in Q2 2021 was Rivernorth Capital Management, an estimated $3.7M added.
- The largest Blackrock Muni Yield California Fund, Inc. seller in Q2 2021 was Royal Bank of Canada, an estimated $546K sold.
Based on aggregated 13F filings for Q2 2021.