BlackRock MuniYield New York Quality Fund
MYN
32 hedge funds and large institutions have $21.8M invested in BlackRock MuniYield New York Quality Fund in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
7% more funds holding
Funds holding: 30 → 32 (+2)
4% more capital invested
Capital invested by funds: $21M → $21.8M (+$760K)
0.08% more ownership
Funds ownership: 4.09% → 4.17% (+0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$814K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$229K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$200K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$102K |
| 5 |
PA
Pinnacle Associates
New York
|
+$76.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$442K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$343K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$175K |
| 4 |
HK
Horizon Kinetics
New York
|
-$80.3K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$30K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JIC
26
Joel Isaacson & Co
New York
| $25K | +$25.1K | +1,900 | New |
|
|
BRWM
27
B. Riley Wealth Management
Memphis,
Tennessee
| $19K | +$19.7K | +1,493 | New |
|
|
FWM
28
Focused Wealth Management
Newburgh,
New York
| $16K | – | – | – |
|
29
Federated Hermes
Pittsburgh,
Pennsylvania
| $11K | – | – | – |
|
|
KTC
30
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| $11K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $7K | – | – | – |
|
|
RJA
32
Raymond James & Associates
St Petersburg,
Florida
| – | -$343K | -26,425 | Closed |
|
MYN Hedge Fund Activity: Q2 2014 in Review
32 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q2 2014, worth a combined $21.8M — up 3.6% from $21M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MYN positions and 1 closed out — a net gain of 2 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $814K. The largest seller was Guggenheim Capital, cutting an estimated $442K.
- 32 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q2 2014, up from 30 in Q1 2014.
- Funds reported $21.8M of BlackRock MuniYield New York Quality Fund stock for Q2 2014, up 3.6% quarter-over-quarter.
- 3 funds opened new BlackRock MuniYield New York Quality Fund positions in Q2 2014 and 1 closed out, a net change of +2 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q2 2014 was Morgan Stanley, an estimated $814K added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q2 2014 was Guggenheim Capital, an estimated $442K sold.
Based on aggregated 13F filings for Q2 2014.