BlackRock MuniYield Quality Fund III
MYI
106 hedge funds and large institutions have $273M invested in BlackRock MuniYield Quality Fund III in 2022 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 35 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
24% more capital invested
Capital invested by funds: $221M → $273M (+$52.2M)
6% more funds holding
Funds holding: 100 → 106 (+6)
4.72% more ownership
Funds ownership: 31.11% → 35.83% (+4.7%)
14% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$31.4M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.31M |
| 3 |
Morgan Stanley
New York
|
+$1.79M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.53M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.32M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.52M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$989K |
| 4 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$907K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$857K |
MYI Hedge Fund Activity: Q4 2022 in Review
106 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q4 2022, worth a combined $273M — up 24% from $221M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MYI positions and 10 closed out — a net gain of 9 holders — while 30 added to existing stakes and 35 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $31.4M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $4.32M sold.
- 106 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q4 2022, up from 100 in Q3 2022.
- Funds reported $273M of BlackRock MuniYield Quality Fund III stock for Q4 2022, up 24% quarter-over-quarter.
- 19 funds opened new BlackRock MuniYield Quality Fund III positions in Q4 2022 and 10 closed out, a net change of +9 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q4 2022 was Karpus Investment Management, an estimated $31.4M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q4 2022 was Fiera Capital (Canada), an estimated $4.32M sold.
Based on aggregated 13F filings for Q4 2022.