BlackRock MuniYield Quality Fund III
MYI
50 hedge funds and large institutions have $61M invested in BlackRock MuniYield Quality Fund III in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 16 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
4% more funds holding
Funds holding: 48 → 50 (+2)
0.45% more ownership
Funds ownership: 5.78% → 6.23% (+0.45%)
5% less capital invested
Capital invested by funds: $64.2M → $61M (-$3.29M)
56% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.83M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.46M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.31M |
| 4 |
Jane Street
New York
|
+$870K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$624K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VWM
Vector Wealth Management
Minneapolis,
Minnesota
|
-$4.6M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.85M |
| 3 |
UR
USCA RIA
Houston,
Texas
|
-$1.1M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$638K |
| 5 |
Morgan Stanley
New York
|
-$502K |
MYI Hedge Fund Activity: Q3 2013 in Review
50 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q3 2013, worth a combined $61M — down 5.1% from $64.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MYI positions and 6 closed out — a net gain of 3 holders — while 7 added to existing stakes and 16 trimmed.
The largest buyer was AllianceBernstein, opening a new position worth an estimated $3.83M. The largest seller was Vector Wealth Management, exiting entirely with an estimated $4.6M sold.
- 50 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q3 2013, up from 48 in Q2 2013.
- Funds reported $61M of BlackRock MuniYield Quality Fund III stock for Q3 2013, down 5.1% quarter-over-quarter.
- 9 funds opened new BlackRock MuniYield Quality Fund III positions in Q3 2013 and 6 closed out, a net change of +3 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q3 2013 was AllianceBernstein, an estimated $3.83M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q3 2013 was Vector Wealth Management, an estimated $4.6M sold.
Based on aggregated 13F filings for Q3 2013.