BlackRock MuniYield Quality Fund III
MYI
82 hedge funds and large institutions have $114M invested in BlackRock MuniYield Quality Fund III in 2018 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
31% more capital invested
Capital invested by funds: $87M → $114M (+$26.9M)
11% more funds holding
Funds holding: 74 → 82 (+8)
3.99% more ownership
Funds ownership: 9.26% → 13.25% (+4%)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$14.9M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$8.06M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.17M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.75M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$7.27M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$929K |
| 3 |
LPL Financial
San Diego,
California
|
-$415K |
| 4 |
CCP
Corient Capital Partners
Newport Beach,
California
|
-$414K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$374K |
MYI Hedge Fund Activity: Q1 2018 in Review
82 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q1 2018, worth a combined $114M — up 31% from $87M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new MYI positions and 14 closed out — a net gain of 8 holders — while 18 added to existing stakes and 17 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $14.9M. The largest seller was Bank of America, cutting an estimated $7.27M.
- 82 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q1 2018, up from 74 in Q4 2017.
- Funds reported $114M of BlackRock MuniYield Quality Fund III stock for Q1 2018, up 31% quarter-over-quarter.
- 22 funds opened new BlackRock MuniYield Quality Fund III positions in Q1 2018 and 14 closed out, a net change of +8 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q1 2018 was Robinson Capital Management, an estimated $14.9M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q1 2018 was Bank of America, an estimated $7.27M sold.
Based on aggregated 13F filings for Q1 2018.