BlackRock MuniYield New York Quality Fund
MYN
35 hedge funds and large institutions have $35.3M invested in BlackRock MuniYield New York Quality Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 9 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
0.17% less ownership
Funds ownership: 7.06% → 6.89% (-0.17%)
0% less capital invested
Capital invested by funds: $35.5M → $35.3M (-$157K)
8% less funds holding
Funds holding: 38 → 35 (-3)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$398K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$365K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$313K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$257K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$898K |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$688K |
| 3 |
SG Americas Securities
New York
|
-$609K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$405K |
| 5 |
Neuberger Berman Group
New York
|
-$293K |
MYN Hedge Fund Activity: Q1 2017 in Review
35 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q1 2017, worth a combined $35.3M — down 0.44% from $35.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MYN and 7 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 11 added.
The largest buyer was Private Advisor Group, opening a new position worth an estimated $398K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $898K sold.
- 35 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q1 2017, down from 38 in Q4 2016.
- Funds reported $35.3M of BlackRock MuniYield New York Quality Fund stock for Q1 2017, down 0.44% quarter-over-quarter.
- 7 funds opened new BlackRock MuniYield New York Quality Fund positions in Q1 2017 and 9 closed out, a net change of -2 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q1 2017 was Private Advisor Group, an estimated $398K added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q1 2017 was Laurion Capital Management, an estimated $898K sold.
Based on aggregated 13F filings for Q1 2017.