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BlackRock MuniYield Quality Fund III

103 hedge funds and large institutions have $318M invested in BlackRock MuniYield Quality Fund III in 2021 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 12

38% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 24

8% more capital invested

Capital invested by funds: $296M → $318M (+$22.3M)

4% more funds holding

Funds holding: 99103 (+4)

1.93% more ownership

Funds ownership: 29.59%31.53% (+1.9%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
103
Holders Change
+4
Holders Change %
+4.04%
% of All Funds
1.59%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
18
Increased
33
Reduced
24
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
1
Parametric Portfolio Associates
Washington
$52.4M +$1.99M +136,547 +4%
BI
2
Bramshill Investments
Florida
$40.5M +$1.82M +124,775 +5%
RCM
3
Rivernorth Capital Management
Florida
$29M +$28.6M +1,959,189 New
UBS Group
4
UBS Group
Switzerland
$24.2M -$2.54M -173,867 -10%
KIM
5
Karpus Investment Management
New York
$24.1M -$13.7M -940,055 -37%
1CP
6
1607 Capital Partners
Virginia
$14.1M -$312K -21,349 -2%
Morgan Stanley
7
Morgan Stanley
New York
$13.6M -$77.1K -5,278 -0.6%
HWAM
8
Hennion & Walsh Asset Management
New Jersey
$12.2M +$2.46M +168,759 +26%
Bank of America
9
Bank of America
North Carolina
$8.38M +$1.01M +68,994 +14%
Wells Fargo
10
Wells Fargo
California
$6.68M +$1.82M +124,794 +38%
Stifel Financial
11
Stifel Financial
Missouri
$5.95M -$355K -24,286 -6%
VanEck Associates
12
VanEck Associates
New York
$5.81M +$343K +23,494 +6%
SIA
13
Sit Investment Associates
Minnesota
$5.69M +$146K +10,000 +3%
GC
14
Guggenheim Capital
Illinois
$5.49M +$786K +53,818 +17%
AAM
15
Advisors Asset Management
Colorado
$4.86M +$338K +23,107 +8%
Cohen & Steers
16
Cohen & Steers
New York
$3.95M +$43.8K +3,000 +1%
COLIM
17
City of London Investment Management
United Kingdom
$3.71M
RJA
18
Raymond James & Associates
Florida
$3.55M +$541K +37,020 +18%
SPIA
19
Steward Partners Investment Advisory
New York
$3.42M +$8.12K +556 +0.2%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$3.37M +$142K +9,727 +4%
Northwestern Mutual Wealth Management
21
Northwestern Mutual Wealth Management
Wisconsin
$3.13M -$185K -12,647 -6%
LPL Financial
22
LPL Financial
California
$2.6M +$303K +20,734 +13%
RCM
23
Robinson Capital Management
Michigan
$2.44M -$515K -35,248 -18%
Fiera Capital (Canada)
24
Fiera Capital (Canada)
Quebec, Canada
$2.09M +$1.65M +112,732 +400%
First Trust Advisors
25
First Trust Advisors
Illinois
$2.05M +$54.3K +3,719 +3%

MYI Hedge Fund Activity: Q4 2021 in Review

103 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q4 2021, worth a combined $318M — up 7.5% from $296M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new MYI positions and 12 closed out — a net gain of 6 holders — while 33 added to existing stakes and 24 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $28.6M. The largest seller was Karpus Investment Management, cutting an estimated $13.7M.

  • 103 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q4 2021, up from 99 in Q3 2021.
  • Funds reported $318M of BlackRock MuniYield Quality Fund III stock for Q4 2021, up 7.5% quarter-over-quarter.
  • 18 funds opened new BlackRock MuniYield Quality Fund III positions in Q4 2021 and 12 closed out, a net change of +6 holders.
  • The largest BlackRock MuniYield Quality Fund III buyer in Q4 2021 was Rivernorth Capital Management, an estimated $28.6M added.
  • The largest BlackRock MuniYield Quality Fund III seller in Q4 2021 was Karpus Investment Management, an estimated $13.7M sold.

Based on aggregated 13F filings for Q4 2021.