BlackRock MuniYield Quality Fund III
MYI
54 hedge funds and large institutions have $83.9M invested in BlackRock MuniYield Quality Fund III in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
6% more funds holding
Funds holding: 51 → 54 (+3)
0.13% less ownership
Funds ownership: 8.69% → 8.56% (-0.13%)
2% less capital invested
Capital invested by funds: $85.7M → $83.9M (-$1.81M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$2.92M |
| 2 |
Morgan Stanley
New York
|
+$1.97M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.76M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.19M |
| 5 |
Cohen & Steers
New York
|
+$605K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$3.74M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.64M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.27M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$258K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$184K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FANJ
51
Financial Architects (New Jersey)
Marlton,
New Jersey
| $5K | +$5.47K | +400 | New |
|
|
WA
52
WFG Advisors
Dallas,
Texas
| $4K | +$55 | +4 | +1% |
|
53
Barclays
London,
United Kingdom
| $4K | +$4.71K | +344 | New |
|
|
NES
54
New England Securities
New York
| $3K | -$8.01K | -585 | -75% |
|
|
55
AllianceBernstein
Nashville,
Tennessee
| – | -$3.27M | -236,838 | Closed |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$55K | -4,000 | Closed |
|
|
NMIS
57
Northwestern Mutual Investment Services
Milwaukee,
Wisconsin
| – | -$33K | -2,368 | Closed |
|
|
BRWM
58
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$19K | -1,425 | Closed |
|
59
M&T Bank
Buffalo,
New York
| – | -$14K | -984 | Closed |
|
MYI Hedge Fund Activity: Q3 2014 in Review
54 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q3 2014, worth a combined $83.9M — down 2.1% from $85.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MYI positions and 5 closed out — a net gain of 3 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was UBS, adding an estimated $2.92M. The largest seller was Mackay Shields LLC, cutting an estimated $3.74M.
- 54 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q3 2014, up from 51 in Q2 2014.
- Funds reported $83.9M of BlackRock MuniYield Quality Fund III stock for Q3 2014, down 2.1% quarter-over-quarter.
- 8 funds opened new BlackRock MuniYield Quality Fund III positions in Q3 2014 and 5 closed out, a net change of +3 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q3 2014 was UBS, an estimated $2.92M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q3 2014 was Mackay Shields LLC, an estimated $3.74M sold.
Based on aggregated 13F filings for Q3 2014.