BlackRock MuniYield Quality Fund III
MYI
102 hedge funds and large institutions have $233M invested in BlackRock MuniYield Quality Fund III in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 32 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
5% more funds holding
Funds holding: 97 → 102 (+5)
1.08% more ownership
Funds ownership: 34.7% → 35.78% (+1.1%)
9% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 32
10% less capital invested
Capital invested by funds: $259M → $233M (-$25.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
API
Advisor Partners II
Walnut Creek,
California
|
+$4.39M |
| 2 |
EAM
Eschler Asset Management
London,
United Kingdom
|
+$3.44M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$2.91M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.34M |
| 5 |
GA
GFS Advisors
Houston,
Texas
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.84M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.5M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.14M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$747K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$575K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NS
101
NBC Securities
Birmingham,
Alabama
| $9K | +$10.5K | +1,000 | New |
|
|
MWM
102
Mascoma Wealth Management
Hanover,
New Hampshire
| $812 | – | – | – |
|
|
V
103
Veritable
Wilmington,
Delaware
| – | -$172K | -15,700 | Closed |
|
|
IC
104
IEQ Capital
Foster City,
California
| – | -$169K | -15,437 | Closed |
|
|
JFGIW
105
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$56.9K | -5,185 | Closed |
|
|
SIS
106
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$10.3K | -941 | Closed |
|
|
NSIM
107
North Star Investment Management
Chicago,
Illinois
| – | -$9.85K | -900 | Closed |
|
108
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$5K | -462 | Closed |
|
MYI Hedge Fund Activity: Q3 2023 in Review
102 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q3 2023, worth a combined $233M — down 10% from $259M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MYI positions and 6 closed out — a net gain of 5 holders — while 29 added to existing stakes and 32 trimmed.
The largest buyer was Advisor Partners II, opening a new position worth an estimated $4.39M. The largest seller was Morgan Stanley, cutting an estimated $7.84M.
- 102 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q3 2023, up from 97 in Q2 2023.
- Funds reported $233M of BlackRock MuniYield Quality Fund III stock for Q3 2023, down 10% quarter-over-quarter.
- 11 funds opened new BlackRock MuniYield Quality Fund III positions in Q3 2023 and 6 closed out, a net change of +5 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q3 2023 was Advisor Partners II, an estimated $4.39M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q3 2023 was Morgan Stanley, an estimated $7.84M sold.
Based on aggregated 13F filings for Q3 2023.