BlackRock MuniYield Quality Fund III
MYI
104 hedge funds and large institutions have $335M invested in BlackRock MuniYield Quality Fund III in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 38 increasing their positions, 23 reducing their positions, and 10 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 23
1% more capital invested
Capital invested by funds: $333M → $335M (+$1.83M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
1% less funds holding
Funds holding: 105 → 104 (-1)
1.19% less ownership
Funds ownership: 34.37% → 33.17% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$5.83M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$4.86M |
| 3 |
STA
Summit Trail Advisors
New York
|
+$1.93M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.76M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$17.1M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4M |
| 3 |
JP Morgan Chase
New York
|
-$3.11M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$2.35M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$1.7M |
MYI Hedge Fund Activity: Q2 2021 in Review
104 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q2 2021, worth a combined $335M — up 0.55% from $333M a quarter earlier.
Fund positioning in MYI was balanced in Q2 2021: 10 funds opened new positions, 10 closed out, 38 added to existing stakes and 23 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $5.83M. The largest seller was Karpus Investment Management, cutting an estimated $17.1M.
- 104 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q2 2021, down from 105 in Q1 2021.
- Funds reported $335M of BlackRock MuniYield Quality Fund III stock for Q2 2021, up 0.55% quarter-over-quarter.
- 10 funds opened new BlackRock MuniYield Quality Fund III positions in Q2 2021 and 10 closed out, a net change of 0 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q2 2021 was Robinson Capital Management, an estimated $5.83M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q2 2021 was Karpus Investment Management, an estimated $17.1M sold.
Based on aggregated 13F filings for Q2 2021.