BlackRock MuniYield New York Quality Fund
MYN
43 hedge funds and large institutions have $91M invested in BlackRock MuniYield New York Quality Fund in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 9 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.8% less ownership
Funds ownership: 17.88% → 17.08% (-0.8%)
3% less capital invested
Capital invested by funds: $94.1M → $91M (-$3.11M)
4% less funds holding
Funds holding: 45 → 43 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$5.36M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.05M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$465K |
| 4 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$301K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$9.95M |
| 2 |
AL
Arnhold LLC
New York
|
-$1.34M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.32M |
| 4 |
Morgan Stanley
New York
|
-$751K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$597K |
MYN Hedge Fund Activity: Q1 2021 in Review
43 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q1 2021, worth a combined $91M — down 3.3% from $94.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MYN and 7 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 15 added.
The largest buyer was Mackay Shields LLC, adding an estimated $5.36M. The largest seller was Karpus Investment Management, cutting an estimated $9.95M.
- 43 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q1 2021, down from 45 in Q4 2020.
- Funds reported $91M of BlackRock MuniYield New York Quality Fund stock for Q1 2021, down 3.3% quarter-over-quarter.
- 7 funds opened new BlackRock MuniYield New York Quality Fund positions in Q1 2021 and 9 closed out, a net change of -2 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q1 2021 was Mackay Shields LLC, an estimated $5.36M added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q1 2021 was Karpus Investment Management, an estimated $9.95M sold.
Based on aggregated 13F filings for Q1 2021.