BlackRock MuniYield New York Quality Fund
MYN
33 hedge funds and large institutions have $26M invested in BlackRock MuniYield New York Quality Fund in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
7% more capital invested
Capital invested by funds: $24.3M → $26M (+$1.66M)
3% more funds holding
Funds holding: 32 → 33 (+1)
0.18% more ownership
Funds ownership: 4.72% → 4.9% (+0.18%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$630K |
| 2 |
Morgan Stanley
New York
|
+$419K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$353K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$290K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$326K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$228K |
| 3 |
SG Americas Securities
New York
|
-$224K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$182K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$84.8K |
MYN Hedge Fund Activity: Q1 2015 in Review
33 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q1 2015, worth a combined $26M — up 6.8% from $24.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MYN positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $630K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $326K sold.
- 33 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q1 2015, up from 32 in Q4 2014.
- Funds reported $26M of BlackRock MuniYield New York Quality Fund stock for Q1 2015, up 6.8% quarter-over-quarter.
- 5 funds opened new BlackRock MuniYield New York Quality Fund positions in Q1 2015 and 4 closed out, a net change of +1 holder.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q1 2015 was Bank of America, an estimated $630K added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q1 2015 was Laurion Capital Management, an estimated $326K sold.
Based on aggregated 13F filings for Q1 2015.