BlackRock MuniYield Quality Fund III
MYI
69 hedge funds and large institutions have $93.3M invested in BlackRock MuniYield Quality Fund III in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
0.7% more ownership
Funds ownership: 9.35% → 10.06% (+0.7%)
0% more funds holding
Funds holding: 69 → 69 (0)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
4% less capital invested
Capital invested by funds: $96.7M → $93.3M (-$3.44M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$3.11M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.08M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.43M |
| 4 |
Cohen & Steers
New York
|
+$533K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$526K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$814K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$640K |
| 3 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$437K |
| 4 |
VanEck Associates
New York
|
-$319K |
| 5 |
GIA
GHP Investment Advisors
Denver,
Colorado
|
-$309K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JCM
76
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$30K | -2,000 | Closed |
|
|
WIC
77
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$10K | -675 | Closed |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$10K | -670 | Closed |
|
|
PRS
79
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
| – | -$6K | -412 | Closed |
|
MYI Hedge Fund Activity: Q4 2016 in Review
69 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q4 2016, worth a combined $93.3M — down 3.6% from $96.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MYI positions and 9 closed out — a net gain of 1 holder — while 17 added to existing stakes and 17 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $3.11M. The largest seller was LPL Financial, cutting an estimated $814K.
- 69 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $93.3M of BlackRock MuniYield Quality Fund III stock for Q4 2016, down 3.6% quarter-over-quarter.
- 10 funds opened new BlackRock MuniYield Quality Fund III positions in Q4 2016 and 9 closed out, a net change of +1 holder.
- The largest BlackRock MuniYield Quality Fund III buyer in Q4 2016 was Laurion Capital Management, an estimated $3.11M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q4 2016 was LPL Financial, an estimated $814K sold.
Based on aggregated 13F filings for Q4 2016.