BlackRock MuniYield Quality Fund III
MYI
84 hedge funds and large institutions have $122M invested in BlackRock MuniYield Quality Fund III in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
22% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 18
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
7% more capital invested
Capital invested by funds: $114M → $122M (+$7.65M)
2% more funds holding
Funds holding: 82 → 84 (+2)
0.91% more ownership
Funds ownership: 13.25% → 14.16% (+0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.27M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.16M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.23M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.01M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$605K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.41M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$1.5M |
| 3 |
Millennium Management
New York
|
-$938K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$532K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$468K |
MYI Hedge Fund Activity: Q2 2018 in Review
84 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q2 2018, worth a combined $122M — up 6.7% from $114M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MYI positions and 11 closed out — a net gain of 2 holders — while 22 added to existing stakes and 18 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $7.27M. The largest seller was Bank of America, cutting an estimated $2.41M.
- 84 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q2 2018, up from 82 in Q1 2018.
- Funds reported $122M of BlackRock MuniYield Quality Fund III stock for Q2 2018, up 6.7% quarter-over-quarter.
- 13 funds opened new BlackRock MuniYield Quality Fund III positions in Q2 2018 and 11 closed out, a net change of +2 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q2 2018 was Karpus Investment Management, an estimated $7.27M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q2 2018 was Bank of America, an estimated $2.41M sold.
Based on aggregated 13F filings for Q2 2018.