BlackRock MuniYield New York Quality Fund
MYN
40 hedge funds and large institutions have $69.9M invested in BlackRock MuniYield New York Quality Fund in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 4 closing their positions.
0.73% less ownership
Funds ownership: 13.57% → 12.83% (-0.73%)
2% less funds holding
Funds holding: 41 → 40 (-1)
7% less capital invested
Capital invested by funds: $75.3M → $69.9M (-$5.45M)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$4.79M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$951K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$691K |
| 4 |
Morgan Stanley
New York
|
+$652K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$451K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.51M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$2.54M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.22M |
| 4 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$745K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$588K |
MYN Hedge Fund Activity: Q3 2021 in Review
40 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q3 2021, worth a combined $69.9M — down 7.2% from $75.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MYN and 3 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 10 added.
The largest buyer was Claybrook Capital, opening a new position worth an estimated $4.79M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $4.51M sold.
- 40 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q3 2021, down from 41 in Q2 2021.
- Funds reported $69.9M of BlackRock MuniYield New York Quality Fund stock for Q3 2021, down 7.2% quarter-over-quarter.
- 3 funds opened new BlackRock MuniYield New York Quality Fund positions in Q3 2021 and 4 closed out, a net change of -1 holder.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q3 2021 was Claybrook Capital, an estimated $4.79M added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q3 2021 was Karpus Investment Management, an estimated $4.51M sold.
Based on aggregated 13F filings for Q3 2021.