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BlackRock MuniYield Quality Fund III

74 hedge funds and large institutions have $87M invested in BlackRock MuniYield Quality Fund III in 2017 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 10

16% more funds holding

Funds holding: 6474 (+10)

0.11% more ownership

Funds ownership: 9.15%9.26% (+0.11%)

0% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 13

2% less capital invested

Capital invested by funds: $89.3M → $87M (-$2.21M)

Holders
74
Holders Change
+10
Holders Change %
+15.63%
% of All Funds
1.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
20
Increased
13
Reduced
13
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$23.6M +$388K +27,426 +2%
UBS Group
2
UBS Group
Switzerland
$16.2M +$466K +32,969 +3%
Morgan Stanley
3
Morgan Stanley
New York
$9.59M -$107K -7,573 -1%
GC
4
Guggenheim Capital
Illinois
$6.5M +$70.3K +4,974 +1%
SIA
5
Sit Investment Associates
Minnesota
$2.62M
VanEck Associates
6
VanEck Associates
New York
$2.06M +$157K +11,089 +8%
HighTower Advisors
7
HighTower Advisors
Illinois
$2M -$151K -10,647 -7%
Stifel Financial
8
Stifel Financial
Missouri
$1.83M -$224K -15,813 -11%
Wells Fargo
9
Wells Fargo
California
$1.62M +$109K +7,691 +7%
Invesco
10
Invesco
Georgia
$1.57M -$1.33M -93,944 -45%
First Trust Advisors
11
First Trust Advisors
Illinois
$1.37M -$92.1K -6,513 -6%
RJA
12
Raymond James & Associates
Florida
$1.2M +$236K +16,682 +24%
FC
13
FCA Corp
Texas
$1.12M +$4.84K +342 +0.4%
Cohen & Steers
14
Cohen & Steers
New York
$942K
MML Investors Services
15
MML Investors Services
Massachusetts
$910K +$28.1K +1,986 +3%
AAM
16
Advisors Asset Management
Colorado
$885K +$204K +14,451 +29%
Ameriprise
17
Ameriprise
Minnesota
$870K -$13.1K -926 -1%
LPL Financial
18
LPL Financial
California
$806K +$825K +58,345 New
CCP
19
Corient Capital Partners
California
$774K
RCM
20
Robinson Capital Management
Michigan
$691K +$707K +50,000 New
N
21
Nuveen
North Carolina
$689K
Millennium Management
22
Millennium Management
New York
$682K +$698K +49,368 New
RJFSA
23
Raymond James Financial Services Advisors
Florida
$637K -$20.6K -1,459 -3%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$629K
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$609K -$70.2K -4,964 -10%

MYI Hedge Fund Activity: Q4 2017 in Review

74 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q4 2017, worth a combined $87M — down 2.5% from $89.3M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new MYI positions and 10 closed out — a net gain of 10 holders — while 13 added to existing stakes and 13 trimmed.

The largest buyer was LPL Financial, opening a new position worth an estimated $825K. The largest seller was Invesco, cutting an estimated $1.33M.

  • 74 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q4 2017, up from 64 in Q3 2017.
  • Funds reported $87M of BlackRock MuniYield Quality Fund III stock for Q4 2017, down 2.5% quarter-over-quarter.
  • 20 funds opened new BlackRock MuniYield Quality Fund III positions in Q4 2017 and 10 closed out, a net change of +10 holders.
  • The largest BlackRock MuniYield Quality Fund III buyer in Q4 2017 was LPL Financial, an estimated $825K added.
  • The largest BlackRock MuniYield Quality Fund III seller in Q4 2017 was Invesco, an estimated $1.33M sold.

Based on aggregated 13F filings for Q4 2017.