BlackRock MuniYield Quality Fund III
MYI
99 hedge funds and large institutions have $296M invested in BlackRock MuniYield Quality Fund III in 2021 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 36 increasing their positions, 22 reducing their positions, and 10 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.58% less ownership
Funds ownership: 33.17% → 29.59% (-3.6%)
5% less funds holding
Funds holding: 104 → 99 (-5)
12% less capital invested
Capital invested by funds: $335M → $296M (-$39.2M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.57M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.39M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.62M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.58M |
| 5 |
GA
GFS Advisors
Houston,
Texas
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$30.2M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$9.67M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$7.62M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.1M |
| 5 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$2.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
STA
101
Summit Trail Advisors
New York
| – | -$1.98M | -132,628 | Closed |
|
102
Northern Trust
Chicago,
Illinois
| – | -$6K | -38,859 | Closed |
|
103
Citigroup
New York
| – | -$439K | -29,557 | Closed |
|
104
Creative Planning
Overland Park,
Kansas
| – | -$150K | -10,107 | Closed |
|
|
BA
105
Bellwether Advisors
Lincoln,
Nebraska
| – | -$19K | -1,294 | Closed |
|
106
Jones Financial Companies
Des Peres,
Missouri
| – | -$15K | -1,030 | Closed |
|
|
PWP
107
Personal Wealth Partners
Bloomington,
Minnesota
| – | -$8K | -534 | Closed |
|
|
NFSG
108
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$6K | -378 | Closed |
|
MYI Hedge Fund Activity: Q3 2021 in Review
99 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q3 2021, worth a combined $296M — down 12% from $335M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MYI and 7 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 36 added.
The largest buyer was Advisors Asset Management, opening a new position worth an estimated $4.57M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $30.2M sold.
- 99 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q3 2021, down from 104 in Q2 2021.
- Funds reported $296M of BlackRock MuniYield Quality Fund III stock for Q3 2021, down 12% quarter-over-quarter.
- 7 funds opened new BlackRock MuniYield Quality Fund III positions in Q3 2021 and 10 closed out, a net change of -3 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q3 2021 was Advisors Asset Management, an estimated $4.57M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q3 2021 was Rivernorth Capital Management, an estimated $30.2M sold.
Based on aggregated 13F filings for Q3 2021.