BlackRock MuniYield New York Quality Fund
MYN
32 hedge funds and large institutions have $22.8M invested in BlackRock MuniYield New York Quality Fund in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 5 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
5% more capital invested
Capital invested by funds: $21.8M → $22.8M (+$1.04M)
0.32% more ownership
Funds ownership: 4.17% → 4.49% (+0.32%)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$702K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$695K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$329K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$180K |
| 5 |
Goldman Sachs
New York
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$229K |
| 2 |
Morgan Stanley
New York
|
-$202K |
| 3 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$136K |
| 4 |
HK
Horizon Kinetics
New York
|
-$74.8K |
| 5 |
PA
Pinnacle Associates
New York
|
-$74.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $24K | – | – | – |
|
|
JIC
27
Joel Isaacson & Co
New York
| $24K | – | – | – |
|
28
ClearBridge Investments
New York
| $22K | +$21.9K | +1,700 | New |
|
29
Creative Planning
Overland Park,
Kansas
| $22K | +$22.3K | +1,734 | New |
|
|
FWM
30
Focused Wealth Management
Newburgh,
New York
| $15K | – | – | – |
|
31
Federated Hermes
Pittsburgh,
Pennsylvania
| $10K | – | – | – |
|
|
TC
32
TFS Capital
West Chester,
Pennsylvania
| – | -$229K | -17,375 | Closed |
|
|
ACM
33
Argentus Capital Management
Dallas,
Texas
| – | -$136K | -10,328 | Closed |
|
|
BRWM
34
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$19K | -1,493 | Closed |
|
|
KTC
35
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$11K | -824 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$7K | -500 | Closed |
|
|
MFS
37
MSI Financial Services
Springfield,
Massachusetts
| – | -$219 | -17 | -74% |
|
MYN Hedge Fund Activity: Q3 2014 in Review
32 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q3 2014, worth a combined $22.8M — up 4.8% from $21.8M a quarter earlier.
Fund positioning in MYN was balanced in Q3 2014: 5 funds opened new positions, 5 closed out, 8 added to existing stakes and 7 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $702K. The largest seller was TFS Capital, exiting entirely with an estimated $229K sold.
- 32 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $22.8M of BlackRock MuniYield New York Quality Fund stock for Q3 2014, up 4.8% quarter-over-quarter.
- 5 funds opened new BlackRock MuniYield New York Quality Fund positions in Q3 2014 and 5 closed out, a net change of 0 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q3 2014 was Wolverine Asset Management, an estimated $702K added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q3 2014 was TFS Capital, an estimated $229K sold.
Based on aggregated 13F filings for Q3 2014.