BlackRock MuniYield New York Quality Fund
MYN
29 hedge funds and large institutions have $24.9M invested in BlackRock MuniYield New York Quality Fund in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
0.82% less ownership
Funds ownership: 5.27% → 4.44% (-0.82%)
12% less capital invested
Capital invested by funds: $28.2M → $24.9M (-$3.33M)
19% less funds holding
Funds holding: 36 → 29 (-7)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$471K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$343K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$204K |
| 4 |
LPL Financial
San Diego,
California
|
+$166K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.42M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$1.36M |
| 3 |
GBA
Garrison Bradford & Associates
New York
|
-$454K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$404K |
| 5 |
SRC
Shufro Rose & Co
New York
|
-$276K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSW
26
Thompson Siegel & Walmsley
Richmond,
Virginia
| $40K | – | – | – |
|
|
PSUF
27
People's United Financial
Bridgeport,
Connecticut
| $38K | – | – | – |
|
28
Citigroup
New York
| $27K | +$2.72K | +197 | +11% |
|
|
AIG
29
American International Group
New York
| $14K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $6K | +$6.01K | +436 | New |
|
|
LCM
31
Laurion Capital Management
New York
| – | -$1.36M | -100,873 | Closed |
|
|
GBA
32
Garrison Bradford & Associates
New York
| – | -$454K | -33,600 | Closed |
|
|
LCM
33
Landscape Capital Management
Englewood,
New Jersey
| – | -$404K | -29,897 | Closed |
|
34
Squarepoint
New York
| – | -$168K | -12,400 | Closed |
|
35
Franklin Resources
San Mateo,
California
| – | -$159K | -11,733 | Closed |
|
|
CRC
36
Curi RMB Capital
Chicago,
Illinois
| – | -$156K | -11,561 | Closed |
|
|
WAM
37
Wolverine Asset Management
Chicago,
Illinois
| – | -$103K | -7,622 | Closed |
|
MYN Hedge Fund Activity: Q1 2016 in Review
29 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q1 2016, worth a combined $24.9M — down 12% from $28.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MYN and 1 opened new positions — a net loss of 7 holders — while 6 trimmed existing stakes and 12 added.
The largest buyer was Deutsche Bank, adding an estimated $471K. The largest seller was Morgan Stanley, cutting an estimated $2.42M.
- 29 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q1 2016, down from 36 in Q4 2015.
- Funds reported $24.9M of BlackRock MuniYield New York Quality Fund stock for Q1 2016, down 12% quarter-over-quarter.
- 1 fund opened new BlackRock MuniYield New York Quality Fund positions in Q1 2016 and 8 closed out, a net change of -7 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q1 2016 was Deutsche Bank, an estimated $471K added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q1 2016 was Morgan Stanley, an estimated $2.42M sold.
Based on aggregated 13F filings for Q1 2016.