BlackRock MuniYield New York Quality Fund
MYN
38 hedge funds and large institutions have $35.5M invested in BlackRock MuniYield New York Quality Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
13% more capital invested
Capital invested by funds: $31.4M → $35.5M (+$4.09M)
6% more funds holding
Funds holding: 36 → 38 (+2)
1.49% more ownership
Funds ownership: 5.57% → 7.06% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.57M |
| 2 |
Morgan Stanley
New York
|
+$1.08M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.04M |
| 4 |
LCM
Laurion Capital Management
New York
|
+$930K |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$712K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$386K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$249K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$216K |
| 4 |
KWMG
King Wealth Management Group
Naples,
Florida
|
-$175K |
| 5 |
UR
USCA RIA
Houston,
Texas
|
-$167K |
MYN Hedge Fund Activity: Q4 2016 in Review
38 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q4 2016, worth a combined $35.5M — up 13% from $31.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MYN positions and 6 closed out — a net gain of 3 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Fiera Capital (Canada), adding an estimated $1.57M. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $386K sold.
- 38 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q4 2016, up from 36 in Q3 2016.
- Funds reported $35.5M of BlackRock MuniYield New York Quality Fund stock for Q4 2016, up 13% quarter-over-quarter.
- 9 funds opened new BlackRock MuniYield New York Quality Fund positions in Q4 2016 and 6 closed out, a net change of +3 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q4 2016 was Fiera Capital (Canada), an estimated $1.57M added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q4 2016 was Cambridge Investment Research Advisors, an estimated $386K sold.
Based on aggregated 13F filings for Q4 2016.