BlackRock MuniYield Quality Fund III
MYI
97 hedge funds and large institutions have $259M invested in BlackRock MuniYield Quality Fund III in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 33 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
0% more funds holding
Funds holding: 97 → 97 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.87% less ownership
Funds ownership: 35.57% → 34.7% (-0.87%)
6% less capital invested
Capital invested by funds: $275M → $259M (-$16M)
24% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$3.18M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.57M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.44M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.29M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$812K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.09M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.18M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$1.86M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.72M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.29M |
MYI Hedge Fund Activity: Q2 2023 in Review
97 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q2 2023, worth a combined $259M — down 5.8% from $275M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MYI positions and 9 closed out — a net gain of 1 holder — while 25 added to existing stakes and 33 trimmed.
The largest buyer was Capital Investment Advisors, opening a new position worth an estimated $3.18M. The largest seller was Morgan Stanley, cutting an estimated $8.09M.
- 97 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $259M of BlackRock MuniYield Quality Fund III stock for Q2 2023, down 5.8% quarter-over-quarter.
- 10 funds opened new BlackRock MuniYield Quality Fund III positions in Q2 2023 and 9 closed out, a net change of +1 holder.
- The largest BlackRock MuniYield Quality Fund III buyer in Q2 2023 was Capital Investment Advisors, an estimated $3.18M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q2 2023 was Morgan Stanley, an estimated $8.09M sold.
Based on aggregated 13F filings for Q2 2023.