BlackRock MuniYield New York Quality Fund
MYN
50 hedge funds and large institutions have $42.1M invested in BlackRock MuniYield New York Quality Fund in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
22% more funds holding
Funds holding: 41 → 50 (+9)
21% more capital invested
Capital invested by funds: $34.8M → $42.1M (+$7.34M)
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
1.67% more ownership
Funds ownership: 6.57% → 8.24% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.38M |
| 2 |
Morgan Stanley
New York
|
+$754K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$752K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$494K |
| 5 |
SRC
Shufro Rose & Co
New York
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$311K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$232K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$226K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$205K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$187K |
MYN Hedge Fund Activity: Q4 2017 in Review
50 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q4 2017, worth a combined $42.1M — up 21% from $34.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MYN positions and 1 closed out — a net gain of 9 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was Mariner Investment Group, opening a new position worth an estimated $1.38M. The largest seller was PNC Financial Services Group, cutting an estimated $311K.
- 50 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q4 2017, up from 41 in Q3 2017.
- Funds reported $42.1M of BlackRock MuniYield New York Quality Fund stock for Q4 2017, up 21% quarter-over-quarter.
- 10 funds opened new BlackRock MuniYield New York Quality Fund positions in Q4 2017 and 1 closed out, a net change of +9 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q4 2017 was Mariner Investment Group, an estimated $1.38M added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q4 2017 was PNC Financial Services Group, an estimated $311K sold.
Based on aggregated 13F filings for Q4 2017.