BlackRock MuniYield New York Quality Fund
MYN
28 hedge funds and large institutions have $23.3M invested in BlackRock MuniYield New York Quality Fund in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
4% more funds holding
Funds holding: 27 → 28 (+1)
2% more capital invested
Capital invested by funds: $22.8M → $23.3M (+$501K)
0.09% more ownership
Funds ownership: 4.41% → 4.49% (+0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$557K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$337K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$231K |
| 4 |
First Manhattan
New York
|
+$191K |
| 5 |
UR
USCA RIA
Houston,
Texas
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Pinnacle Associates
New York
|
-$606K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$325K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$133K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$39.2K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$30.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $13K | -$27.9K | -2,140 | -68% |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $10K | – | – | – |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $9K | +$65 | +5 | +0.7% |
|
|
PA
29
Pinnacle Associates
New York
| – | -$606K | -46,415 | Closed |
|
|
30
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$325K | -24,925 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$2K | -169 | Closed |
|
MYN Hedge Fund Activity: Q3 2015 in Review
28 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q3 2015, worth a combined $23.3M — up 2.2% from $22.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MYN positions and 3 closed out — a net gain of 1 holder — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Bank of America, adding an estimated $557K. The largest seller was Pinnacle Associates, exiting entirely with an estimated $606K sold.
- 28 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q3 2015, up from 27 in Q2 2015.
- Funds reported $23.3M of BlackRock MuniYield New York Quality Fund stock for Q3 2015, up 2.2% quarter-over-quarter.
- 4 funds opened new BlackRock MuniYield New York Quality Fund positions in Q3 2015 and 3 closed out, a net change of +1 holder.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q3 2015 was Bank of America, an estimated $557K added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q3 2015 was Pinnacle Associates, an estimated $606K sold.
Based on aggregated 13F filings for Q3 2015.