BlackRock MuniYield New York Quality Fund
MYN
41 hedge funds and large institutions have $34.8M invested in BlackRock MuniYield New York Quality Fund in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 40 → 41 (+1)
0.22% less ownership
Funds ownership: 6.79% → 6.57% (-0.22%)
0% less capital invested
Capital invested by funds: $35M → $34.8M (-$174K)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$662K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$394K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$347K |
| 4 |
Neuberger Berman Group
New York
|
+$316K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$739K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$502K |
| 3 |
Morgan Stanley
New York
|
-$451K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$441K |
| 5 |
SRC
Shufro Rose & Co
New York
|
-$397K |
MYN Hedge Fund Activity: Q3 2017 in Review
41 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q3 2017, worth a combined $34.8M — down 0.5% from $35M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MYN positions and 5 closed out — a net gain of 1 holder — while 9 added to existing stakes and 14 trimmed.
The largest buyer was UBS Group, adding an estimated $662K. The largest seller was Laurion Capital Management, cutting an estimated $739K.
- 41 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q3 2017, up from 40 in Q2 2017.
- Funds reported $34.8M of BlackRock MuniYield New York Quality Fund stock for Q3 2017, down 0.5% quarter-over-quarter.
- 6 funds opened new BlackRock MuniYield New York Quality Fund positions in Q3 2017 and 5 closed out, a net change of +1 holder.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q3 2017 was UBS Group, an estimated $662K added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q3 2017 was Laurion Capital Management, an estimated $739K sold.
Based on aggregated 13F filings for Q3 2017.