BlackRock MuniYield New York Quality Fund
MYN
42 hedge funds and large institutions have $91.2M invested in BlackRock MuniYield New York Quality Fund in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 11 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
6% more capital invested
Capital invested by funds: $86.1M → $91.2M (+$5.08M)
0.79% more ownership
Funds ownership: 17.34% → 18.13% (+0.79%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less funds holding
Funds holding: 50 → 42 (-8)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$8.51M |
| 2 |
NCP
NexWave Capital Partners
New York
|
+$261K |
| 3 |
SAM
Secure Asset Management
Troy,
Michigan
|
+$211K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$162K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$90.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.09M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$970K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$721K |
| 4 |
Morgan Stanley
New York
|
-$703K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$358K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Rockefeller Capital Management
New York
| – | -$60K | -4,762 | Closed |
|
|
EWM
52
Edge Wealth Management
New York
| – | -$25K | -2,000 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$3K | -254 | Closed |
|
MYN Hedge Fund Activity: Q3 2020 in Review
42 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q3 2020, worth a combined $91.2M — up 5.9% from $86.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MYN and 3 opened new positions — a net loss of 8 holders — while 8 trimmed existing stakes and 12 added.
The largest buyer was Mackay Shields LLC, adding an estimated $8.51M. The largest seller was Karpus Investment Management, cutting an estimated $1.09M.
- 42 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q3 2020, down from 50 in Q2 2020.
- Funds reported $91.2M of BlackRock MuniYield New York Quality Fund stock for Q3 2020, up 5.9% quarter-over-quarter.
- 3 funds opened new BlackRock MuniYield New York Quality Fund positions in Q3 2020 and 11 closed out, a net change of -8 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q3 2020 was Mackay Shields LLC, an estimated $8.51M added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q3 2020 was Karpus Investment Management, an estimated $1.09M sold.
Based on aggregated 13F filings for Q3 2020.