BlackRock MuniYield Quality Fund III
MYI
101 hedge funds and large institutions have $291M invested in BlackRock MuniYield Quality Fund III in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 27 reducing their positions, and 17 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
2% more capital invested
Capital invested by funds: $286M → $291M (+$5.57M)
0.36% less ownership
Funds ownership: 32.18% → 31.81% (-0.36%)
4% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 27
7% less funds holding
Funds holding: 109 → 101 (-8)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$17.3M |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$838K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$759K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$543K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$404K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$14.1M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$3.02M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.44M |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$1.2M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$824K |
MYI Hedge Fund Activity: Q3 2020 in Review
101 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q3 2020, worth a combined $291M — up 2% from $286M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MYI and 10 opened new positions — a net loss of 7 holders — while 27 trimmed existing stakes and 26 added.
The largest buyer was Bramshill Investments, adding an estimated $17.3M. The largest seller was Karpus Investment Management, cutting an estimated $14.1M.
- 101 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q3 2020, down from 109 in Q2 2020.
- Funds reported $291M of BlackRock MuniYield Quality Fund III stock for Q3 2020, up 2% quarter-over-quarter.
- 10 funds opened new BlackRock MuniYield Quality Fund III positions in Q3 2020 and 17 closed out, a net change of -7 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q3 2020 was Bramshill Investments, an estimated $17.3M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q3 2020 was Karpus Investment Management, an estimated $14.1M sold.
Based on aggregated 13F filings for Q3 2020.