BlackRock MuniYield Quality Fund III
MYI
74 hedge funds and large institutions have $87M invested in BlackRock MuniYield Quality Fund III in 2017 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 10 closing their positions.
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
16% more funds holding
Funds holding: 64 → 74 (+10)
0.11% more ownership
Funds ownership: 9.15% → 9.26% (+0.11%)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
2% less capital invested
Capital invested by funds: $89.3M → $87M (-$2.21M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$825K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$707K |
| 3 |
Millennium Management
New York
|
+$698K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$466K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$455K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.33M |
| 2 |
VF
Virtu Financial
New York
|
-$1.12M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$989K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$343K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$257K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
76
Laurion Capital Management
New York
| – | -$989K | -69,002 | Closed |
|
|
DA
77
Doliver Advisors
Houston,
Texas
| – | -$343K | -23,955 | Closed |
|
|
78
Citadel Advisors
Miami,
Florida
| – | -$257K | -17,937 | Closed |
|
79
Comerica Bank
Dallas,
Texas
| – | -$245K | -17,442 | Closed |
|
|
CI
80
Conning Inc
Hartford,
Connecticut
| – | -$189K | -13,155 | Closed |
|
|
CCB
81
Cutter & Co Brokerage
Ballwin,
Missouri
| – | -$176K | -12,292 | Closed |
|
|
PSW
82
Portfolio Strategies (Washington)
Tacoma,
Washington
| – | -$160K | -11,150 | Closed |
|
|
ASN
83
Advisory Services Network
Atlanta,
Georgia
| – | -$6K | -400 | Closed |
|
84
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$1K | -100 | Closed |
|
MYI Hedge Fund Activity: Q4 2017 in Review
74 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q4 2017, worth a combined $87M — down 2.5% from $89.3M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MYI positions and 10 closed out — a net gain of 10 holders — while 13 added to existing stakes and 13 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $825K. The largest seller was Invesco, cutting an estimated $1.33M.
- 74 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q4 2017, up from 64 in Q3 2017.
- Funds reported $87M of BlackRock MuniYield Quality Fund III stock for Q4 2017, down 2.5% quarter-over-quarter.
- 20 funds opened new BlackRock MuniYield Quality Fund III positions in Q4 2017 and 10 closed out, a net change of +10 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q4 2017 was LPL Financial, an estimated $825K added.
- The largest BlackRock MuniYield Quality Fund III seller in Q4 2017 was Invesco, an estimated $1.33M sold.
Based on aggregated 13F filings for Q4 2017.