BlackRock MuniYield Quality Fund III
MYI
108 hedge funds and large institutions have $223M invested in BlackRock MuniYield Quality Fund III in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 30 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
2% more funds holding
Funds holding: 106 → 108 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 30
1.57% less ownership
Funds ownership: 31.59% → 30.02% (-1.6%)
10% less capital invested
Capital invested by funds: $247M → $223M (-$23.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.14M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$1.02M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$861K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$850K |
| 5 |
KL
KIM LLC
Wichita,
Kansas
|
+$843K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$13M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$5.31M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$2.72M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.43M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$815K |
MYI Hedge Fund Activity: Q2 2024 in Review
108 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q2 2024, worth a combined $223M — down 9.6% from $247M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MYI positions and 11 closed out — a net gain of 5 holders — while 28 added to existing stakes and 30 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.14M. The largest seller was Bramshill Investments, cutting an estimated $13M.
- 108 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q2 2024, up from 106 in Q1 2024.
- Funds reported $223M of BlackRock MuniYield Quality Fund III stock for Q2 2024, down 9.6% quarter-over-quarter.
- 16 funds opened new BlackRock MuniYield Quality Fund III positions in Q2 2024 and 11 closed out, a net change of +5 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q2 2024 was Morgan Stanley, an estimated $2.14M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q2 2024 was Bramshill Investments, an estimated $13M sold.
Based on aggregated 13F filings for Q2 2024.