BlackRock MuniYield New York Quality Fund
MYN
58 hedge funds and large institutions have $79.2M invested in BlackRock MuniYield New York Quality Fund in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
37% more capital invested
Capital invested by funds: $58M → $79.2M (+$21.2M)
16% more funds holding
Funds holding: 50 → 58 (+8)
4.86% more ownership
Funds ownership: 15.54% → 20.39% (+4.9%)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.03M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$4.61M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.89M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2.75M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.71M |
| 2 |
Morgan Stanley
New York
|
-$667K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$579K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$390K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$382K |
MYN Hedge Fund Activity: Q4 2022 in Review
58 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield New York Quality Fund (MYN) for Q4 2022, worth a combined $79.2M — up 37% from $58M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MYN positions and 6 closed out — a net gain of 9 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $7.03M. The largest seller was Bank of America, cutting an estimated $1.71M.
- 58 institutional investors held BlackRock MuniYield New York Quality Fund (MYN) as of Q4 2022, up from 50 in Q3 2022.
- Funds reported $79.2M of BlackRock MuniYield New York Quality Fund stock for Q4 2022, up 37% quarter-over-quarter.
- 15 funds opened new BlackRock MuniYield New York Quality Fund positions in Q4 2022 and 6 closed out, a net change of +9 holders.
- The largest BlackRock MuniYield New York Quality Fund buyer in Q4 2022 was Saba Capital Management, an estimated $7.03M added.
- The largest BlackRock MuniYield New York Quality Fund seller in Q4 2022 was Bank of America, an estimated $1.71M sold.
Based on aggregated 13F filings for Q4 2022.