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BlackRock MuniYield Quality Fund III

84 hedge funds and large institutions have $121M 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.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+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 → $121M (+$7.48M)

2% more funds holding

Funds holding: 8284 (+2)

0.91% more ownership

Funds ownership: 13.25%14.16% (+0.91%)

Holders
84
Holders Change
+2
Holders Change %
+2.44%
% of All Funds
1.92%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
13
Increased
22
Reduced
18
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$20M +$2.16M +172,576 +12%
RCM
2
Robinson Capital Management
Michigan
$15.1M -$87.7K -6,997 -0.6%
Bank of America
3
Bank of America
North Carolina
$12.1M -$2.41M -192,644 -17%
Morgan Stanley
4
Morgan Stanley
New York
$10.1M +$386K +30,841 +4%
KIM
5
Karpus Investment Management
New York
$8.92M +$7.27M +580,399 +444%
LCM
6
Laurion Capital Management
New York
$6.34M -$1.5M -119,839 -19%
GC
7
Guggenheim Capital
Illinois
$5.39M -$227K -18,109 -4%
SIA
8
Sit Investment Associates
Minnesota
$5.2M +$1.01M +81,011 +24%
Fiera Capital (Canada)
9
Fiera Capital (Canada)
Quebec, Canada
$3.91M +$1.23M +97,806 +46%
VanEck Associates
10
VanEck Associates
New York
$2.7M +$349K +27,825 +15%
WAM
11
Wolverine Asset Management
Illinois
$2.68M +$315K +25,115 +13%
Cohen & Steers
12
Cohen & Steers
New York
$1.93M +$457K +36,512 +31%
HighTower Advisors
13
HighTower Advisors
Illinois
$1.79M -$2.58K -206 -0.1%
PNC Financial Services Group
14
PNC Financial Services Group
Pennsylvania
$1.74M -$1.4K -112 -0.1%
Stifel Financial
15
Stifel Financial
Missouri
$1.7M +$1.28K +102 +0.1%
Wells Fargo
16
Wells Fargo
California
$1.65M +$144K +11,482 +10%
RJA
17
Raymond James & Associates
Florida
$1.45M +$355K +28,308 +33%
First Trust Advisors
18
First Trust Advisors
Illinois
$1.45M +$5.99K +478 +0.4%
AAM
19
Advisors Asset Management
Colorado
$1.4M +$605K +48,290 +77%
MIG
20
Mariner Investment Group
New York
$1.39M +$362K +28,888 +36%
6M
21
6 Meridian
Kansas
$1.15M +$83.7K +6,681 +8%
LCM
22
Landscape Capital Management
New Jersey
$1.12M -$302K -24,142 -21%
FC
23
FCA Corp
Texas
$1.04M -$392K -31,305 -27%
CRC
24
Curi RMB Capital
Illinois
$992K -$468K -37,314 -32%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$792K +$38.7K +3,087 +5%

MYI Hedge Fund Activity: Q2 2018 in Review

84 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q2 2018, worth a combined $121M — up 6.6% 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 $121M of BlackRock MuniYield Quality Fund III stock for Q2 2018, up 6.6% 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.