BlackRock MuniYield Quality Fund III
MYI
100 hedge funds and large institutions have $254M invested in BlackRock MuniYield Quality Fund III in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 18 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 21
0.22% more ownership
Funds ownership: 31.79% → 32.01% (+0.22%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 106 → 100 (-6)
6% less capital invested
Capital invested by funds: $272M → $254M (-$17.4M)
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$52.9M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$11.6M |
| 3 |
LB
Leo Brokerage
Hurst,
Texas
|
+$1.94M |
| 4 |
TW
TrinityPoint Wealth
Milford,
Connecticut
|
+$1.16M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$14.6M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.08M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.89M |
| 4 |
H6H
Hightower 6M Holding
Wichita,
Kansas
|
-$1.19M |
| 5 |
VanEck Associates
New York
|
-$1.15M |
MYI Hedge Fund Activity: Q2 2022 in Review
100 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q2 2022, worth a combined $254M — down 6.4% from $272M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of MYI and 13 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 33 added.
The largest buyer was Morgan Stanley, adding an estimated $52.9M. The largest seller was Karpus Investment Management, cutting an estimated $14.6M.
- 100 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q2 2022, down from 106 in Q1 2022.
- Funds reported $254M of BlackRock MuniYield Quality Fund III stock for Q2 2022, down 6.4% quarter-over-quarter.
- 13 funds opened new BlackRock MuniYield Quality Fund III positions in Q2 2022 and 18 closed out, a net change of -5 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q2 2022 was Morgan Stanley, an estimated $52.9M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q2 2022 was Karpus Investment Management, an estimated $14.6M sold.
Based on aggregated 13F filings for Q2 2022.