BlackRock MuniYield Quality Fund III
MYI
63 hedge funds and large institutions have $87.8M invested in BlackRock MuniYield Quality Fund III in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 14 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0.78% less ownership
Funds ownership: 10.06% → 9.28% (-0.78%)
6% less capital invested
Capital invested by funds: $93.3M → $87.8M (-$5.48M)
9% less funds holding
Funds holding: 69 → 63 (-6)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$906K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$767K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$519K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$486K |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$432K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$3.4M |
| 2 |
Morgan Stanley
New York
|
-$1.74M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.46M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.21M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$671K |
MYI Hedge Fund Activity: Q1 2017 in Review
63 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q1 2017, worth a combined $87.8M — down 5.9% from $93.3M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MYI and 9 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 16 added.
The largest buyer was Ameriprise, opening a new position worth an estimated $906K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $3.4M sold.
- 63 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q1 2017, down from 69 in Q4 2016.
- Funds reported $87.8M of BlackRock MuniYield Quality Fund III stock for Q1 2017, down 5.9% quarter-over-quarter.
- 9 funds opened new BlackRock MuniYield Quality Fund III positions in Q1 2017 and 14 closed out, a net change of -5 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q1 2017 was Ameriprise, an estimated $906K added.
- The largest BlackRock MuniYield Quality Fund III seller in Q1 2017 was Laurion Capital Management, an estimated $3.4M sold.
Based on aggregated 13F filings for Q1 2017.