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BlackRock MuniYield New York Quality Fund
MYN

47 hedge funds and large institutions have $73.1M invested in BlackRock MuniYield New York Quality Fund in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 11

6% more capital invested

Capital invested by funds: $68.9M → $73.1M (+$4.26M)

0.11% less ownership

Funds ownership: 15.1% → 14.99% (-0.11%)

4% less funds holding

Funds holding: 49 → 47 (-2)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
47
Holders Change
-2
Holders Change %
-4.08%
% of All Funds
1.02%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
6
Increased
18
Reduced
11
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$2.56M
2
KIM
Karpus Investment Management
New York
+$2.32M
3
Ameriprise
Ameriprise
Minnesota
+$1.4M
4
Morgan Stanley
Morgan Stanley
New York
+$930K
5
RCM
Rivernorth Capital Management
Florida
+$874K

Top Sellers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
-$4.81M
2
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
-$1.53M
3
CRC
Curi RMB Capital
Illinois
-$896K
4
LCM
Landscape Capital Management
New Jersey
-$781K
5
WAM
Wolverine Asset Management
Illinois
-$708K
Name Holding Trade Value Shares
Change 		Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$429K +$420K +34,920 New
WC
27
Whitney & Co
New York
$400K +$24.1K +2,000 +7%
SIA
28
Sit Investment Associates
Minnesota
$382K -$74.7K -6,205 -17%
MML Investors Services
29
MML Investors Services
Massachusetts
$304K -$6.5K -540 -2%
GBA
30
Garrison Bradford & Associates
New York
$283K -$31.3K -2,600 -10%
PNC Financial Services Group
31
PNC Financial Services Group
Pennsylvania
$272K +$266K +22,058 New
RJFSA
32
Raymond James Financial Services Advisors
Florida
$235K +$8.43K +700 +4%
HKAM
33
Horizon Kinetics Asset Management
New York
$228K +$223K +18,524 New
RJA
34
Raymond James & Associates
Florida
$221K – – –
MWM
35
Merriman Wealth Management
Washington
$208K +$203K +16,889 New
SRC
36
Shufro Rose & Co
New York
$193K -$4.82K -400 -2%
CS
37
Credit Suisse
Switzerland
$150K – – –
Cambridge Investment Research Advisors
38
Cambridge Investment Research Advisors
Iowa
$150K +$181 +15 +0.1%
Cohen & Steers
39
Cohen & Steers
New York
$147K +$21.5K +1,786 +18%
MSL
40
Mackay Shields LLC
New York
$123K – – –
EWM
41
Edge Wealth Management
New York
$74K – – –
LTFS
42
Ladenburg Thalmann Financial Services
Florida
$74K +$9.06K +753 +14%
APA
43
American Portfolios Advisors
New York
$59.7K – – –
MRCM
44
M&R Capital Management
New Jersey
$14K – – –
Citigroup
45
Citigroup
New York
$12K – – –
SWM
46
SeaCrest Wealth Management
New York
$9K – – –
CRC
47
Curi RMB Capital
Illinois
– -$896K -77,771 Closed
PAG
48
Private Advisor Group
New Jersey
– -$396K -34,348 Closed
Millennium Management
49
Millennium Management
New York
– -$330K -28,676 Closed
Neuberger Berman Group
50
Neuberger Berman Group
New York
– -$246K -21,387 Closed
1
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MYN Hedge Fund Activity: Q1 2019 in Review

47 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q1 2019, worth a combined $73.1M — up 6.2% from $68.9M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of MYN and 6 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 18 added.

The largest buyer was Bank of America, adding an estimated $2.56M. The largest seller was Saba Capital Management, cutting an estimated $4.81M.

  • 47 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q1 2019, down from 49 in Q4 2018.
  • Funds reported $73.1M of BlackRock MuniYield New York Quality Fund stock for Q1 2019, up 6.2% quarter-over-quarter.
  • 6 funds opened new BlackRock MuniYield New York Quality Fund positions in Q1 2019 and 7 closed out, a net change of -1 holder.
  • The largest BlackRock MuniYield New York Quality Fund buyer in Q1 2019 was Bank of America, an estimated $2.56M added.
  • The largest BlackRock MuniYield New York Quality Fund seller in Q1 2019 was Saba Capital Management, an estimated $4.81M sold.

Based on aggregated 13F filings for Q1 2019.