BlackRock MuniYield Quality Fund III
100 hedge funds and large institutions have $222M invested in BlackRock MuniYield Quality Fund III in 2024 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 20 reducing their positions, and 20 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 20
2.2% less ownership
Funds ownership: 30.02% → 27.82% (-2.2%)
7% less funds holding
Funds holding: 108 → 100 (-8)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
45% less capital inflows, than outflows
Capital inflows: $20.2M | Capital outflows: $36.7M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.74M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.43M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$2.05M |
| 4 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.73M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bramshill Investments
Naples,
Florida
|
-$18.1M |
| 2 |
Karpus Investment Management
Pittsford,
New York
|
-$6.07M |
| 3 |
Penserra Capital Management
Orinda,
California
|
-$3.55M |
| 4 |
Landscape Capital Management
Englewood,
New Jersey
|
-$1.48M |
| 5 |
Freestone Capital Holdings
Seattle,
Washington
|
-$1.18M |
MYI Hedge Fund Activity: Q3 2024 in Review
100 of the 6,989 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Quality Fund III (MYI) for Q3 2024, worth a combined $222M — down 0.64% from $223M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of MYI and 13 opened new positions — a net loss of 7 holders — while 20 trimmed existing stakes and 31 added.
The largest buyer was Morgan Stanley, adding an estimated $2.74M. The largest seller was Bramshill Investments, cutting an estimated $18.1M.
- 100 institutional investors held BlackRock MuniYield Quality Fund III (MYI) as of Q3 2024, down from 108 in Q2 2024.
- Funds reported $222M of BlackRock MuniYield Quality Fund III stock for Q3 2024, down 0.64% quarter-over-quarter.
- 13 funds opened new BlackRock MuniYield Quality Fund III positions in Q3 2024 and 20 closed out, a net change of -7 holders.
- The largest BlackRock MuniYield Quality Fund III buyer in Q3 2024 was Morgan Stanley, an estimated $2.74M added.
- The largest BlackRock MuniYield Quality Fund III seller in Q3 2024 was Bramshill Investments, an estimated $18.1M sold.
Based on aggregated 13F filings for Q3 2024.