BlackRock MuniYield New York Quality Fund
MYN
49 hedge funds and large institutions have $53.7M invested in BlackRock MuniYield New York Quality Fund in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 9 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
8% more capital invested
Capital invested by funds: $49.7M → $53.7M (+$4.03M)
1.37% more ownership
Funds ownership: 10.41% → 11.78% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 51 → 49 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.8M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.26M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$959K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$752K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.13M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$540K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$235K |
| 4 |
SG Americas Securities
New York
|
-$185K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$156K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$156K | -12,994 | Closed |
|
|
TSW
52
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$35K | -2,875 | Closed |
|
|
RWA
53
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$24K | -2,000 | Closed |
|
54
SEI Investments
Oaks,
Pennsylvania
| – | -$16K | -1,333 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | -$2K | -200 | Closed |
|
56
Fidelity Investments
Boston,
Massachusetts
| – | +$12 | +1 | New |
|
MYN Hedge Fund Activity: Q3 2018 in Review
49 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q3 2018, worth a combined $53.7M — up 8.1% from $49.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MYN and 7 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 16 added.
The largest buyer was Karpus Investment Management, adding an estimated $3.8M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.13M sold.
- 49 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q3 2018, down from 51 in Q2 2018.
- Funds reported $53.7M of BlackRock MuniYield New York Quality Fund stock for Q3 2018, up 8.1% quarter-over-quarter.
- 7 funds opened new BlackRock MuniYield New York Quality Fund positions in Q3 2018 and 9 closed out, a net change of -2 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q3 2018 was Karpus Investment Management, an estimated $3.8M added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q3 2018 was Robinson Capital Management, an estimated $1.13M sold.
Based on aggregated 13F filings for Q3 2018.