BlackRock MuniYield Quality Fund III
MYI
102 hedge funds and large institutions have $313M invested in BlackRock MuniYield Quality Fund III in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 8 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
7% more capital invested
Capital invested by funds: $291M → $313M (+$21.5M)
1% more funds holding
Funds holding: 101 → 102 (+1)
0% more ownership
Funds ownership: 31.81% → 31.81% (+0%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$4.06M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.22M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1.93M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$849K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$819K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$11M |
| 2 |
STA
Summit Trail Advisors
New York
|
-$1.21M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$848K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$643K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$548K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | – | – | – |
|
|
PAM
102
Panagora Asset Management
Boston,
Massachusetts
| $1K | -$5.62K | -408 | -82% |
|
|
STA
103
Summit Trail Advisors
New York
| – | -$1.21M | -87,762 | Closed |
|
|
WAAG
104
Wealth Alliance Advisory Group
Wichita,
Kansas
| – | -$182K | -13,573 | Closed |
|
|
FWM
105
Fairhaven Wealth Management
Oak Brook,
Illinois
| – | -$179K | -13,314 | Closed |
|
|
PFS
106
Prospera Financial Services
Dallas,
Texas
| – | -$15K | -1,151 | Closed |
|
|
CI
107
CX Institutional
Auburn,
Indiana
| – | -$13K | -955 | Closed |
|
|
FFA
108
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$12K | -896 | Closed |
|
|
TRCT
109
Tower Research Capital (TRC)
New York
| – | -$5K | -375 | Closed |
|
|
AWG
110
Altus Wealth Group
Colorado Springs,
Colorado
| – | +$55 | +4 | New |
|
MYI Hedge Fund Activity: Q4 2020 in Review
102 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q4 2020, worth a combined $313M — up 7.4% from $291M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MYI positions and 8 closed out — a net gain of 2 holders — while 33 added to existing stakes and 22 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $4.06M. The largest seller was Karpus Investment Management, cutting an estimated $11M.
- 102 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q4 2020, up from 101 in Q3 2020.
- Funds reported $313M of BlackRock MuniYield Quality Fund III stock for Q4 2020, up 7.4% quarter-over-quarter.
- 10 funds opened new BlackRock MuniYield Quality Fund III positions in Q4 2020 and 8 closed out, a net change of +2 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q4 2020 was Bramshill Investments, an estimated $4.06M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q4 2020 was Karpus Investment Management, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2020.