BlackRock MuniYield New York Quality Fund
MYN
64 hedge funds and large institutions have $88M invested in BlackRock MuniYield New York Quality Fund in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 0 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
14% more funds holding
Funds holding: 56 → 64 (+8)
0.84% more ownership
Funds ownership: 24.23% → 25.07% (+0.84%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $97.2M → $88M (-$9.23M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.16M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.76M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$849K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$794K |
| 5 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.88M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$2.63M |
| 3 |
Morgan Stanley
New York
|
-$456K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$231K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$228K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CHA
51
Carmichael Hill & Associates
Gaithersburg,
Maryland
| $91.4K | – | – | – |
|
52
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $90K | -$14.5K | -1,500 | -13% |
|
|
NFC
53
Northeast Financial Consultants
Westport,
Connecticut
| $88.6K | – | – | – |
|
|
FWM
54
Focused Wealth Management
Newburgh,
New York
| $75.8K | +$82.9K | +8,550 | New |
|
|
CSPIA
55
Cary Street Partners Investment Advisory
Richmond,
Virginia
| $49.6K | – | – | – |
|
|
WAM
56
Wolverine Asset Management
Chicago,
Illinois
| $25.5K | +$27.9K | +2,880 | New |
|
|
UB
57
UMB Bank
Kansas City,
Missouri
| $21.4K | – | – | – |
|
58
JP Morgan Chase
New York
| $11K | -$123K | -12,643 | -91% |
|
59
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $9.44K | – | – | – |
|
|
BFEC
60
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $6K | – | – | – |
|
|
QC
61
Quent Capital
New York
| $4.43K | – | – | – |
|
|
FIA
62
FNY Investment Advisers
New York
| $4K | – | – | – |
|
63
Barclays
London,
United Kingdom
| $1.19K | +$1.09K | +112 | New |
|
|
MWM
64
Mascoma Wealth Management
Hanover,
New Hampshire
| $532 | – | – | – |
|
MYN Hedge Fund Activity: Q3 2023 in Review
64 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q3 2023, worth a combined $88M — down 9.5% from $97.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MYN positions and 0 closed out — a net gain of 9 holders — while 21 added to existing stakes and 17 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $5.16M. The largest seller was Deutsche Bank, cutting an estimated $2.88M.
- 64 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q3 2023, up from 56 in Q2 2023.
- Funds reported $88M of BlackRock MuniYield New York Quality Fund stock for Q3 2023, down 9.5% quarter-over-quarter.
- 9 funds opened new BlackRock MuniYield New York Quality Fund positions in Q3 2023 and 0 closed out, a net change of +9 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q3 2023 was Saba Capital Management, an estimated $5.16M added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q3 2023 was Deutsche Bank, an estimated $2.88M sold.
Based on aggregated 13F filings for Q3 2023.