BlackRock MuniYield Quality Fund III
MYI
97 hedge funds and large institutions have $275M invested in BlackRock MuniYield Quality Fund III in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 29 reducing their positions, and 17 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 29
1% more capital invested
Capital invested by funds: $273M → $275M (+$1.45M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.26% less ownership
Funds ownership: 35.83% → 35.57% (-0.26%)
8% less funds holding
Funds holding: 106 → 97 (-9)
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.65M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.66M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$899K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$851K |
| 5 |
VanEck Associates
New York
|
+$731K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$3.16M |
| 2 |
Morgan Stanley
New York
|
-$1.99M |
| 3 |
PAS
Park Avenue Securities
New York
|
-$1.24M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.14M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$945K |
MYI Hedge Fund Activity: Q1 2023 in Review
97 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q1 2023, worth a combined $275M — up 0.53% from $273M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MYI and 9 opened new positions — a net loss of 8 holders — while 29 trimmed existing stakes and 34 added.
The largest buyer was Allspring Global Investments, opening a new position worth an estimated $3.65M. The largest seller was Capital Investment Advisors, exiting entirely with an estimated $3.16M sold.
- 97 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q1 2023, down from 106 in Q4 2022.
- Funds reported $275M of BlackRock MuniYield Quality Fund III stock for Q1 2023, up 0.53% quarter-over-quarter.
- 9 funds opened new BlackRock MuniYield Quality Fund III positions in Q1 2023 and 17 closed out, a net change of -8 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q1 2023 was Allspring Global Investments, an estimated $3.65M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q1 2023 was Capital Investment Advisors, an estimated $3.16M sold.
Based on aggregated 13F filings for Q1 2023.