BlackRock MuniYield Quality Fund III
MYI
51 hedge funds and large institutions have $85.7M invested in BlackRock MuniYield Quality Fund III in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 7 reducing their positions, and 5 closing their positions.
157% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 7
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 50 → 51 (+1)
2% more capital invested
Capital invested by funds: $83.7M → $85.7M (+$1.98M)
0.09% more ownership
Funds ownership: 8.6% → 8.69% (+0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.64M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$2.07M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.34M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$384K |
| 5 |
Cohen & Steers
New York
|
+$337K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$6.18M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$887K |
| 3 |
ASA
Armstrong Shaw Associates
New Canaan,
Connecticut
|
-$272K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$173K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$130K |
MYI Hedge Fund Activity: Q2 2014 in Review
51 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q2 2014, worth a combined $85.7M — up 2.4% from $83.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MYI positions and 5 closed out — a net gain of 1 holder — while 18 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.64M. The largest seller was AllianceBernstein, cutting an estimated $6.18M.
- 51 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q2 2014, up from 50 in Q1 2014.
- Funds reported $85.7M of BlackRock MuniYield Quality Fund III stock for Q2 2014, up 2.4% quarter-over-quarter.
- 6 funds opened new BlackRock MuniYield Quality Fund III positions in Q2 2014 and 5 closed out, a net change of +1 holder.
- The largest BlackRock MuniYield Quality Fund III buyer in Q2 2014 was Morgan Stanley, an estimated $2.64M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q2 2014 was AllianceBernstein, an estimated $6.18M sold.
Based on aggregated 13F filings for Q2 2014.