BlackRock MuniYield New York Quality Fund
MYN
50 hedge funds and large institutions have $86.1M invested in BlackRock MuniYield New York Quality Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 7 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
4% more capital invested
Capital invested by funds: $83M → $86.1M (+$3.09M)
0% more funds holding
Funds holding: 50 → 50 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0.93% less ownership
Funds ownership: 18.27% → 17.34% (-0.93%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.14M |
| 2 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$3.78M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$770K |
| 4 |
Morgan Stanley
New York
|
+$598K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$13M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.06M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$332K |
| 4 |
BWA
Beam Wealth Advisors
Covington,
Louisiana
|
-$243K |
| 5 |
GBA
Garrison Bradford & Associates
New York
|
-$183K |
MYN Hedge Fund Activity: Q2 2020 in Review
50 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q2 2020, worth a combined $86.1M — up 3.7% from $83M a quarter earlier.
Fund positioning in MYN was balanced in Q2 2020: 7 funds opened new positions, 7 closed out, 15 added to existing stakes and 11 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $5.14M. The largest seller was Rivernorth Capital Management, cutting an estimated $13M.
- 50 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $86.1M of BlackRock MuniYield New York Quality Fund stock for Q2 2020, up 3.7% quarter-over-quarter.
- 7 funds opened new BlackRock MuniYield New York Quality Fund positions in Q2 2020 and 7 closed out, a net change of 0 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q2 2020 was Karpus Investment Management, an estimated $5.14M added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q2 2020 was Rivernorth Capital Management, an estimated $13M sold.
Based on aggregated 13F filings for Q2 2020.