BlackRock MuniYield New York Quality Fund
MYN
51 hedge funds and large institutions have $49.7M invested in BlackRock MuniYield New York Quality Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
11% more capital invested
Capital invested by funds: $44.6M → $49.7M (+$5.07M)
2% more funds holding
Funds holding: 50 → 51 (+1)
1.13% more ownership
Funds ownership: 9.28% → 10.41% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.51M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.23M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.13M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$697K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$679K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$643K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$259K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$188K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$166K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$151K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$188K | -15,565 | Closed |
|
|
TSS
52
Two Sigma Securities
New York
| – | -$148K | -12,322 | Closed |
|
|
IA
53
IFP Advisors
Tampa,
Florida
| – | -$73K | -5,650 | Closed |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$38K | -3,114 | Closed |
|
|
SPIA
55
Steward Partners Investment Advisory
New York
| – | -$27K | -2,270 | Closed |
|
MYN Hedge Fund Activity: Q2 2018 in Review
51 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q2 2018, worth a combined $49.7M — up 11% from $44.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MYN positions and 5 closed out — a net gain of 1 holder — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Curi RMB Capital, adding an estimated $1.51M. The largest seller was Guggenheim Capital, cutting an estimated $643K.
- 51 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q2 2018, up from 50 in Q1 2018.
- Funds reported $49.7M of BlackRock MuniYield New York Quality Fund stock for Q2 2018, up 11% quarter-over-quarter.
- 6 funds opened new BlackRock MuniYield New York Quality Fund positions in Q2 2018 and 5 closed out, a net change of +1 holder.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q2 2018 was Curi RMB Capital, an estimated $1.51M added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q2 2018 was Guggenheim Capital, an estimated $643K sold.
Based on aggregated 13F filings for Q2 2018.