BlackRock MuniYield New York Quality Fund
MYN
40 hedge funds and large institutions have $35M invested in BlackRock MuniYield New York Quality Fund in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
14% more funds holding
Funds holding: 35 → 40 (+5)
0.1% less ownership
Funds ownership: 6.89% → 6.79% (-0.1%)
1% less capital invested
Capital invested by funds: $35.3M → $35M (-$349K)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$902K |
| 2 |
Morgan Stanley
New York
|
+$791K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$517K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$406K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$372K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.93M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$946K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$244K |
| 4 |
LNWWM
Laird Norton Wetherby Wealth Management
San Francisco,
California
|
-$146K |
| 5 |
LPL Financial
San Diego,
California
|
-$133K |
MYN Hedge Fund Activity: Q2 2017 in Review
40 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q2 2017, worth a combined $35M — down 0.99% from $35.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MYN positions and 1 closed out — a net gain of 6 holders — while 8 added to existing stakes and 9 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $902K. The largest seller was Fiera Capital (Canada), cutting an estimated $2.93M.
- 40 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q2 2017, up from 35 in Q1 2017.
- Funds reported $35M of BlackRock MuniYield New York Quality Fund stock for Q2 2017, down 0.99% quarter-over-quarter.
- 7 funds opened new BlackRock MuniYield New York Quality Fund positions in Q2 2017 and 1 closed out, a net change of +6 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q2 2017 was Laurion Capital Management, an estimated $902K added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q2 2017 was Fiera Capital (Canada), an estimated $2.93M sold.
Based on aggregated 13F filings for Q2 2017.