Blackrock Muni Yield California Fund, Inc.
MYC
MYC was delisted on the 8th of April, 2022.
49 hedge funds and large institutions have $70M invested in Blackrock Muni Yield California Fund, Inc. in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
14% more funds holding
Funds holding: 43 → 49 (+6)
8% less capital invested
Capital invested by funds: $75.9M → $70M (-$5.95M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.84M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.71M |
| 3 |
SC
Sarissa Consulting
Santa Monica,
California
|
+$594K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$447K |
| 5 |
Morgan Stanley
New York
|
+$430K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Karp Capital Management
Sausalito,
California
|
-$948K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$393K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$319K |
| 4 |
HWA
HCR Wealth Advisors
Los Angeles,
California
|
-$287K |
| 5 |
IP
Intellectus Partners
San Francisco,
California
|
-$283K |
MYC Hedge Fund Activity: Q1 2022 in Review
49 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield California Fund, Inc. (MYC) for Q1 2022, worth a combined $70M — down 7.8% from $75.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MYC positions and 3 closed out — a net gain of 8 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.84M. The largest seller was Karp Capital Management, cutting an estimated $948K.
- 49 institutional investors held Blackrock Muni Yield California Fund, Inc. (MYC) as of Q1 2022, up from 43 in Q4 2021.
- Funds reported $70M of Blackrock Muni Yield California Fund, Inc. stock for Q1 2022, down 7.8% quarter-over-quarter.
- 11 funds opened new Blackrock Muni Yield California Fund, Inc. positions in Q1 2022 and 3 closed out, a net change of +8 holders.
- The largest Blackrock Muni Yield California Fund, Inc. buyer in Q1 2022 was Rivernorth Capital Management, an estimated $1.84M added.
- The largest Blackrock Muni Yield California Fund, Inc. seller in Q1 2022 was Karp Capital Management, an estimated $948K sold.
Based on aggregated 13F filings for Q1 2022.