BlackRock MuniYield New York Quality Fund
MYN
59 hedge funds and large institutions have $116M invested in BlackRock MuniYield New York Quality Fund in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 8 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
4% more funds holding
Funds holding: 57 → 59 (+2)
1.42% more ownership
Funds ownership: 27.44% → 28.86% (+1.4%)
1% more capital invested
Capital invested by funds: $114M → $116M (+$1.62M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.64M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.13M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$510K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$417K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.75M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$2.32M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$731K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$307K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$269K |
MYN Hedge Fund Activity: Q2 2024 in Review
59 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q2 2024, worth a combined $116M — up 1.4% from $114M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MYN positions and 8 closed out — a net gain of 2 holders — while 22 added to existing stakes and 14 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.64M. The largest seller was Saba Capital Management, cutting an estimated $3.75M.
- 59 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q2 2024, up from 57 in Q1 2024.
- Funds reported $116M of BlackRock MuniYield New York Quality Fund stock for Q2 2024, up 1.4% quarter-over-quarter.
- 10 funds opened new BlackRock MuniYield New York Quality Fund positions in Q2 2024 and 8 closed out, a net change of +2 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q2 2024 was Sit Investment Associates, an estimated $4.64M added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q2 2024 was Saba Capital Management, an estimated $3.75M sold.
Based on aggregated 13F filings for Q2 2024.