Karpus Reports 11.88% Stake in BlackRock MuniHoldings NY Quality Fund

Rhea-AI Filing Summary

Karpus Management, Inc. reports beneficial ownership of 3,592,742 common shares of BlackRock MuniHoldings New York Quality Fund, Inc., representing 11.88% of the outstanding class. The filing, submitted as an amended Schedule 13G, states the shares are owned directly by accounts managed by Karpus and are held in the ordinary course of business rather than to influence control. Karpus notes it is a New York investment adviser and that City of London Investment Group plc does not exercise voting or investment power over these shares due to established informational barriers. The form is certified by the Chief Compliance Officer on 10/07/2025.

Positive

• Material disclosed stake: holding of 3,592,742 shares provides clear transparency to the market
• Passive intent stated: certification that shares are held in the ordinary course reduces immediate governance-change concerns

Negative

• Concentration risk: 11.88% ownership is sizable and could affect liquidity and market perception
• Single-reporter exposure: significant position held across accounts managed by one adviser concentrates counterparty risk

Insights

Institutional Ownership Analyst

Karpus holds a material 11.88% stake in MHN through managed accounts.

The filing documents direct beneficial ownership of 3,592,742 shares and clarifies these positions are held in the ordinary course of business, which typically indicates passive investment management rather than an intent to change issuer control.

Dependencies and risks include concentration effects on trading liquidity and potential disclosure-driven market attention; monitor any subsequent filings or acquisitions and the reporting calendar through 09/30/2025 and the signature date 10/07/2025 for updates.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

BlackRock MuniHoldings New York Quality Fund, Inc.

(Name of Issuer)

Common

(Title of Class of Securities)

09255C106

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 09255C106

1

Names of Reporting Persons

KARPUS MANAGEMENT, INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 3,592,742.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,592,742.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,592,742.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

11.88 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BlackRock MuniHoldings New York Quality Fund, Inc.
(b)	Address of issuer's principal executive offices: 50 Hudson Yards New York, New York 10001
Item 2.
(a)	Name of person filing: This statement is being filed by Karpus Management, Inc., d/b/a Karpus Investment Management ("Karpus" or the "Reporting Person"). Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. Karpus is controlled by City of London Investment Group plc ("CLIG"), which is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between Karpus and CLIG. The Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus.
(b)	Address or principal business office or, if none, residence: 183 Sully's Trail, Pittsford, New York 14534.
(c)	Citizenship: The members of the Karpus Management Committee are US citizens. Karpus is a New York corporation.
(d)	Title of class of securities: Common
(e)	CUSIP No.: 09255C106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3,592,742.00
(b)	Percent of class: 11.88 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 3,592,742.00
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 3,592,742.00
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

KARPUS MANAGEMENT, INC.

Signature:	/s/ Jodi L. Hedberg
Name/Title:	Jodi L. Hedberg / Chief Compliance Officer
Date:	10/07/2025

FAQ

What stake does Karpus Management hold in MHN?

Karpus Management beneficially owns 3,592,742 common shares, representing 11.88% of MHN's common stock.

Is Karpus seeking to control BlackRock MuniHoldings New York Quality Fund (MHN)?

No. The filing certifies the shares are held in the ordinary course of business and were not acquired to change or influence control.

When was the Schedule 13G/A signed for this disclosure?

The signature on the filing is dated 10/07/2025.

Who filed the Schedule 13G/A for MHN?

The filing was made by Karpus Management, Inc., an investment adviser organized in New York.

Does City of London Investment Group (CLIG) control the reported MHN shares?

The filing states CLIG does not exercise voting or investment power over these shares due to established informational barriers.