BlackRock MuniYield New York Quality Fund
MYN
33 hedge funds and large institutions have $19.4M invested in BlackRock MuniYield New York Quality Fund in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 2 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
0% more funds holding
Funds holding: 33 → 33 (0)
0.03% less ownership
Funds ownership: 3.99% → 3.96% (-0.03%)
9% less capital invested
Capital invested by funds: $21.5M → $19.4M (-$2.02M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$940K |
| 2 |
GBA
Garrison Bradford & Associates
New York
|
+$199K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$178K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$141K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$95.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$714K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$309K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$300K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$223K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$136K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSW
26
Thompson Siegel & Walmsley
Richmond,
Virginia
| $50K | – | – | – |
|
|
AIG
27
American International Group
New York
| $38.9K | – | – | – |
|
|
JIC
28
Joel Isaacson & Co
New York
| $38K | +$10.3K | +830 | +38% |
|
|
FWM
29
Focused Wealth Management
Newburgh,
New York
| $15K | +$15K | +1,207 | New |
|
30
Federated Hermes
Pittsburgh,
Pennsylvania
| $10K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $4K | -$2.48K | -200 | -40% |
|
|
DA
32
Doliver Advisors
Houston,
Texas
| – | -$300K | -22,122 | Closed |
|
|
33
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$223K | -16,400 | Closed |
|
34
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$335 | +27 | New |
|
MYN Hedge Fund Activity: Q3 2013 in Review
33 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q3 2013, worth a combined $19.4M — down 9.4% from $21.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MYN positions and 2 closed out — a net gain of 1 holder — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $940K. The largest seller was Morgan Stanley, cutting an estimated $714K.
- 33 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $19.4M of BlackRock MuniYield New York Quality Fund stock for Q3 2013, down 9.4% quarter-over-quarter.
- 3 funds opened new BlackRock MuniYield New York Quality Fund positions in Q3 2013 and 2 closed out, a net change of +1 holder.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q3 2013 was Goldman Sachs, an estimated $940K added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q3 2013 was Morgan Stanley, an estimated $714K sold.
Based on aggregated 13F filings for Q3 2013.