BlackRock MuniYield Quality Fund III
MYI
53 hedge funds and large institutions have $86M invested in BlackRock MuniYield Quality Fund III in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 8 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
0.45% less ownership
Funds ownership: 9% → 8.56% (-0.45%)
4% less funds holding
Funds holding: 55 → 53 (-2)
8% less capital invested
Capital invested by funds: $93.5M → $86M (-$7.48M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.12M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.36M |
| 3 |
CT
Cambridge Trust
Cambridge,
Massachusetts
|
+$245K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$152K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.65M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$2.39M |
| 3 |
Morgan Stanley
New York
|
-$1.32M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.28M |
| 5 |
LSA
Liberty Street Advisors
New York
|
-$1.06M |
MYI Hedge Fund Activity: Q2 2015 in Review
53 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q2 2015, worth a combined $86M — down 8% from $93.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MYI and 6 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Bank of America, adding an estimated $3.12M. The largest seller was Sit Investment Associates, cutting an estimated $2.65M.
- 53 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q2 2015, down from 55 in Q1 2015.
- Funds reported $86M of BlackRock MuniYield Quality Fund III stock for Q2 2015, down 8% quarter-over-quarter.
- 6 funds opened new BlackRock MuniYield Quality Fund III positions in Q2 2015 and 8 closed out, a net change of -2 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q2 2015 was Bank of America, an estimated $3.12M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q2 2015 was Sit Investment Associates, an estimated $2.65M sold.
Based on aggregated 13F filings for Q2 2015.