BlackRock MuniYield New York Quality Fund
MYN
27 hedge funds and large institutions have $22.8M invested in BlackRock MuniYield New York Quality Fund in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 9 closing their positions.
0.49% less ownership
Funds ownership: 4.9% → 4.41% (-0.49%)
12% less capital invested
Capital invested by funds: $26M → $22.8M (-$3.19M)
18% less funds holding
Funds holding: 33 → 27 (-6)
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$483K |
| 2 |
TCT
TIAA CREF Trust
St Louis,
Missouri
|
+$227K |
| 3 |
KWMG
King Wealth Management Group
Naples,
Florida
|
+$133K |
| 4 |
Citigroup
New York
|
+$30.5K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$10.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.01M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$477K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$354K |
| 4 |
Morgan Stanley
New York
|
-$305K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$290K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $9K | -$15.9K | -1,201 | -64% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $2K | +$2.24K | +169 | New |
|
|
28
Goldman Sachs
New York
| – | -$1.01M | -75,498 | Closed |
|
|
29
HighTower Advisors
Chicago,
Illinois
| – | -$354K | -26,425 | Closed |
|
|
DA
30
Doliver Advisors
Houston,
Texas
| – | -$290K | -21,666 | Closed |
|
|
KIM
31
Karpus Investment Management
Pittsford,
New York
| – | -$238K | -17,811 | Closed |
|
|
TC
32
TFS Capital
West Chester,
Pennsylvania
| – | -$202K | -15,080 | Closed |
|
33
Creative Planning
Overland Park,
Kansas
| – | -$41K | -3,042 | Closed |
|
|
FWM
34
Focused Wealth Management
Newburgh,
New York
| – | -$16K | -1,207 | Closed |
|
|
BBHC
35
Brown Brothers Harriman & Co
New York
| – | -$10K | -712 | Closed |
|
MYN Hedge Fund Activity: Q2 2015 in Review
27 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q2 2015, worth a combined $22.8M — down 12% from $26M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MYN and 3 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 4 added.
The largest buyer was Bank of America, adding an estimated $483K. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.01M sold.
- 27 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q2 2015, down from 33 in Q1 2015.
- Funds reported $22.8M of BlackRock MuniYield New York Quality Fund stock for Q2 2015, down 12% quarter-over-quarter.
- 3 funds opened new BlackRock MuniYield New York Quality Fund positions in Q2 2015 and 9 closed out, a net change of -6 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q2 2015 was Bank of America, an estimated $483K added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q2 2015 was Goldman Sachs, an estimated $1.01M sold.
Based on aggregated 13F filings for Q2 2015.