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BlackRock MuniYield Quality Fund III

96 hedge funds and large institutions have $234M invested in BlackRock MuniYield Quality Fund III in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 12 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 12

1.13% more ownership

Funds ownership: 27.15%28.28% (+1.1%)

1% more funds holding

Funds holding: 9596 (+1)

7% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 14

0% more capital invested

Capital invested by funds: $233M → $234M (+$766K)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
96
Holders Change
+1
Holders Change %
+1.05%
% of All Funds
2.11%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
15
Increased
33
Reduced
12
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$72.4M +$11.2M +832,740 +18%
UBS Group
2
UBS Group
Switzerland
$21M +$855K +63,633 +4%
PPA
3
Parametric Portfolio Associates
Washington
$17.6M +$1.4M +104,402 +9%
RCM
4
Robinson Capital Management
Michigan
$16.1M +$1.84M +136,951 +13%
Morgan Stanley
5
Morgan Stanley
New York
$13.1M -$56.5K -4,205 -0.4%
1CP
6
1607 Capital Partners
Virginia
$10.9M +$829K +61,700 +8%
Bank of America
7
Bank of America
North Carolina
$6.57M -$799K -59,456 -11%
SIA
8
Sit Investment Associates
Minnesota
$6.52M +$325K +24,189 +5%
VCM
9
Vivaldi Capital Management
Illinois
$5.73M +$5.67M +422,043 New
VanEck Associates
10
VanEck Associates
New York
$5.01M +$592K +44,082 +14%
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$4.38M +$349K +26,000 +9%
AAM
12
Advisors Asset Management
Colorado
$3.14M +$224K +16,680 +8%
Fiera Capital (Canada)
13
Fiera Capital (Canada)
Quebec, Canada
$3.08M +$128K +9,560 +4%
DWM
14
Dakota Wealth Management
Florida
$2.85M +$292K +21,739 +12%
MIG
15
Mariner Investment Group
New York
$2.64M -$133K -9,911 -5%
COLIM
16
City of London Investment Management
United Kingdom
$2.61M
SCM
17
Saba Capital Management
New York
$2.57M +$2.55M +189,601 New
Stifel Financial
18
Stifel Financial
Missouri
$2.24M +$13.8K +1,031 +0.6%
Cohen & Steers
19
Cohen & Steers
New York
$2.08M -$64.9K -4,836 -3%
Mercer Global Advisors
20
Mercer Global Advisors
Colorado
$2M -$240K -17,861 -11%
Wells Fargo
21
Wells Fargo
California
$1.95M +$175K +13,010 +10%
GC
22
Guggenheim Capital
Illinois
$1.76M -$414K -30,821 -19%
HighTower Advisors
23
HighTower Advisors
Illinois
$1.74M -$37.8K -2,818 -2%
WAM
24
Wolverine Asset Management
Illinois
$1.57M -$315K -23,490 -17%
ACA
25
Ackerman Capital Advisors
Texas
$1.39M -$133K -9,933 -9%

MYI Hedge Fund Activity: Q3 2019 in Review

96 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q3 2019, worth a combined $234M — up 0.33% from $233M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new MYI positions and 14 closed out — a net gain of 1 holder — while 33 added to existing stakes and 12 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $17.8M. The largest seller was Bramshill Investments, exiting entirely with an estimated $32.2M sold.

  • 96 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q3 2019, up from 95 in Q2 2019.
  • Funds reported $234M of BlackRock MuniYield Quality Fund III stock for Q3 2019, up 0.33% quarter-over-quarter.
  • 15 funds opened new BlackRock MuniYield Quality Fund III positions in Q3 2019 and 14 closed out, a net change of +1 holder.
  • The largest BlackRock MuniYield Quality Fund III buyer in Q3 2019 was Rivernorth Capital Management, an estimated $17.8M added.
  • The largest BlackRock MuniYield Quality Fund III seller in Q3 2019 was Bramshill Investments, an estimated $32.2M sold.

Based on aggregated 13F filings for Q3 2019.