BlackRock MuniHoldings New York Quality Fund, Inc.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-08217

Name of Fund: BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock

            MuniHoldings New York Quality Fund, Inc., 55 East 52nd Street, New York, NY 10055

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 08/31/2013

Date of reporting period: 11/30/2012

Item 1 – Schedule of Investments

 

 

Schedule of Investments November 30, 2012 (Unaudited)

  

 

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

 

    

Par

(000)

      Value  
Municipal Bonds              

New York — 114.0%

                  

Corporate — 3.2%

      

New York City Industrial Development Agency, Refunding RB, AMT:

      

Series A, 5.00%, 7/01/28

    $ 820       $ 876,645   

Terminal One Group Association Project, 5.50%, 1/01/24 (a)

      1,500         1,618,440   

New York Liberty Development Corp., RB, Goldman Sachs Headquarters, 5.25%, 10/01/35

      4,500         5,600,745   

New York State Energy Research & Development Authority, Refunding RB, Brooklyn Union Gas/Keyspan, Series A, AMT (NPFGC), 4.70%, 2/01/24

      3,340         3,562,978   

Suffolk County Industrial Development Agency New York, RB, Keyspan, Port Jefferson, AMT, 5.25%, 6/01/27

      4,355         4,443,973   
     

 

 

  
        16,102,781   

 

  

County/City/Special District/School District — 28.6%

  

Buffalo & Erie County Industrial Land Development Corp., Refunding RB, Buffalo State College Foundation Housing Corp., Project, Series A, 5.38%, 10/01/41

      1,000         1,178,010   

City of New York, New York, GO:

      

Series A-1, 5.00%, 8/01/35

      2,350         2,805,289   

Sub-Series A-1, 4.00%, 10/01/34

      870         957,618   

Sub-Series A-1, 5.00%, 10/01/34

      1,630         1,969,122   

Sub-Series D-1, 5.00%, 10/01/33

      4,175         5,041,897   

City of New York, New York, GO, Refunding:

      

Series B, 3.00%, 8/01/31

      1,500         1,529,055   

Series I, 5.00%, 8/01/32

      490         595,095   

County of Onondaga New York, RB, Syracuse University Project:

      

5.00%, 12/01/29

      1,135         1,375,722   

5.00%, 12/01/36

      1,100         1,304,864   

Erie County Industrial Development Agency, RB, City School District of Buffalo Project, Series A, 5.25%, 5/01/31

      1,000         1,198,370   

Hudson New York Yards Infrastructure Corp., RB, Series A:

      

5.00%, 2/15/47

      2,350         2,564,273   

(AGC), 5.00%, 2/15/47

      7,370         8,059,537   

(AGM), 5.00%, 2/15/47

      7,530         8,234,507   

(NPFGC), 4.50%, 2/15/47

      14,505         15,263,031   

(NPFGC), 5.00%, 2/15/47

      1,500         1,636,770   

(NPFGC), 5.00%, 2/15/47

      305         333,536   
     Par
(000)		      Value  
Municipal Bonds              

New York (continued)

                  
County/City/Special District/School District (continued)      

New York City Industrial Development Agency, RB, PILOT:

      

Queens Baseball Stadium (AGC), 6.38%, 1/01/39

    $ 800       $ 958,376   

Queens Baseball Stadium (AMBAC), 5.00%, 1/01/31

      3,500         3,641,330   

Queens Baseball Stadium (AMBAC), 5.00%, 1/01/36

      8,140         8,415,865   

Yankee Stadium (AGC), 4.39%, 3/01/39 (b)

      1,380         440,882   

Yankee Stadium (NPFGC), 5.00%, 3/01/36

      2,200         2,320,538   

Yankee Stadium (NPFGC), 5.00%, 3/01/46

      9,500         9,935,005   

New York City Transitional Finance Authority, RB:

      

Future Tax Secured, Series B (NPFGC), 5.50%, 2/01/13

      110         110,494   

Future Tax Secured, Series C (NPFGC), 5.00%, 2/01/14 (c)

      1,830         1,929,845   

Future Tax Secured, Series C (NPFGC), 5.00%, 2/01/33

      8,170         8,573,189   

Future Tax Secured, Series E (NPFGC), 5.25%, 2/01/13 (c)

      2,455         2,475,769   

Future Tax Secured, Series E (NPFGC), 5.25%, 2/01/22

      45         45,374   

New York City Transitional Finance Authority, Refunding RB, Future Tax Secured Revenue, Series A (NPFGC), 5.00%, 11/15/26

      250         250,943   

New York Convention Center Development Corp., RB, Hotel Unit Fee Secured (AMBAC):

      

5.00%, 11/15/30

      2,100         2,318,967   

5.00%, 11/15/35

      1,150         1,269,911   

5.00%, 11/15/44

      4,955         5,464,077   

New York Liberty Development Corp., Refunding RB:

      

4 World Trade Center Project, 5.00%, 11/15/31

      1,710         2,021,083   

4 World Trade Center Project, 5.75%, 11/15/51

      2,080         2,544,693   

7 World Trade Center Project,
Class 2, 5.00%, 9/15/43

      2,780         3,215,626   

New York State Dormitory Authority, Refunding RB, School Districts Financing Program, Series A (AGM), 5.00%, 10/01/35

      5,000         5,678,900   
 

 

                 
      BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.       NOVEMBER 30, 2012    1        

 

 

Schedule of Investments (continued)

  

 

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

 

    

Par

(000)

      Value  
Municipal Bonds              

New York (continued)

                  
County/City/Special District/School District (concluded)      

Oneida-Herkimer Solid Waste Management Authority New York, Refunding RB, Solid Waste System (AGM), 5.50%, 4/01/13

    $ 1,800       $ 1,829,034   

Sales Tax Asset Receivable Corp., Refunding RB, Series A (AMBAC):

      

5.25%, 10/15/27

      2,500         2,714,525   

5.00%, 10/15/32

      17,175         18,541,958   

St. Lawrence County Industrial Development Agency, RB, Clarkson University Project, 6.00%, 9/01/34

      300         372,471   

Syracuse Industrial Development Agency New York, RB, Carousel Center Project, Series A, AMT (Syncora), 5.00%, 1/01/36

      3,100         3,192,690   

Tompkins County Industrial Development Agency, RB, Civic Facility Cornell University Project, Series A, 5.00%, 7/01/37

      500         600,600   
     

 

 

  
        142,908,841   

 

  
Education — 18.2%   

Amherst Development Corp., Refunding RB, University at Buffalo Foundation Faculty-Student Housing Corp., Series A (AGM), 4.63%, 10/01/40

      4,975         5,506,330   

City of Troy Capital Resource Corp., Refunding RB, Rensselaer Polytechnic, Series A, 5.13%, 9/01/40

      4,050         4,599,180   

Madison County Industrial Development Agency New York, RB, Colgate University Project, Series A (AMBAC), 5.00%, 7/01/30

      4,000         4,298,800   

New York City Industrial Development Agency, Refunding RB, Nightingale-Bamford School (AMBAC), 5.25%, 1/15/17

      1,200         1,206,600   

New York City Transitional Finance Authority, RB, Fiscal 2009,
Series S-4 (AGC), 5.50%, 1/15/33

      3,000         3,570,000   

New York City Trust for Cultural Resources, Refunding RB:

      

American Museum of Natural History, Series A (NPFGC), 5.00%, 7/01/36

      6,300         6,708,429   

Carnegie Hall, Series A, 4.75%, 12/01/39

      3,150         3,508,470   

Carnegie Hall, Series A, 5.00%, 12/01/39

      1,850         2,092,109   

New York State Dormitory Authority, RB:

      

Convent Sacred Heart (AGM), 5.75%, 11/01/40

      1,770         2,144,408   
    

Par

(000)

      Value  
Municipal Bonds              

New York (continued)

                  
Education (continued)      

New York State Dormitory Authority, RB (concluded):

      

Fordham University, Series A, 5.00%, 7/01/28

    $ 175       $ 209,062   

Fordham University, Series A, 5.50%, 7/01/36

      1,375         1,646,122   

General Purpose, Series A, 4.50%, 3/15/35

      2,000         2,265,780   

Mount Sinai School of Medicine, 5.13%, 7/01/39

      1,000         1,126,750   

New School (AGM), 5.50%, 7/01/43

      3,265         3,815,055   

New York University, Series 1 (AMBAC), 5.50%, 7/01/40

      3,500         4,956,805   

New York University, Series B, 5.00%, 7/01/34

      400         478,164   

New York University, Series B, 5.00%, 7/01/42

      3,000         3,554,220   

New York University, Series C, 5.00%, 7/01/38

      2,000         2,241,400   

Siena College, 5.13%, 7/01/39

      1,345         1,513,771   

State University Dormitory Facilities, Series A, 5.00%, 7/01/35

      750         872,625   

State University Dormitory Facilities, Series A, 5.00%, 7/01/40

      1,500         1,721,895   

New York State Dormitory Authority, Refunding RB:

      

Cornell University, Series A, 5.00%, 7/01/40

      1,000         1,198,490   

Mount Sinai School of Medicine at NYU (NPFGC), 5.00%, 7/01/35

      5,100         5,511,162   

New York University, Series A, 5.00%, 7/01/37

      4,180         4,967,721   

Rochester Institute of Technology, 4.00%, 7/01/31 (d)

      3,300         3,666,036   

Rochester Institute of Technology, 4.00%, 7/01/33 (d)

      1,605         1,758,839   

Rochester Institute of Technology, 5.00%, 7/01/38 (d)

      500         592,835   

Rochester Institute of Technology, 5.00%, 7/01/42 (d)

      750         885,097   

Rockefeller University, Series B, 4.00%, 7/01/38

      3,085         3,369,869   

Saint John’s University, Series A, 5.00%, 7/01/27

      370         449,813   

Saint John’s University, Series A, 5.00%, 7/01/28

      500         605,005   

Third General Resolution, State University Educational Facilities, Series A, 5.00%, 5/15/29

      1,000         1,239,840   
 

 

 

                 
      BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.       NOVEMBER 30, 2012    2        

 

 

Schedule of Investments (continued)

  

 

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

 

    

Par

(000)

      Value  

Municipal Bonds

      

New York (continued)

                  

Education (concluded)

      

St. Lawrence County Industrial Development Agency, RB, Clarkson University Project, 5.38%, 9/01/41

    $ 125       $ 147,488   

Tompkins County Development Corp., RB, Ithaca College Project (AGM):

      

5.50%, 7/01/33

      500         597,470   

5.25%, 7/01/36

      700         814,506   

Westchester County Industrial Development Agency New York, RB, Purchase College Foundation Housing, Series A (AMBAC), 5.75%, 12/01/31

      7,000         7,082,040   
     

 

 

  
        90,922,186   

 

  

Health — 9.1%

      

Dutchess County Industrial Development Agency, RB, Vassar Brothers Medical Center (AGC), 5.50%, 4/01/34

      500         581,760   

Monroe County Industrial Development Corp., Refunding RB, Unity Hospital of Rochester Project (FHA), 5.50%, 8/15/40

      3,925         4,652,891   

New York City Health & Hospital Corp., Refunding RB, Health System, Series A, 5.00%, 2/15/30

      1,800         2,072,016   

New York State Dormitory Authority, RB:

      

Healthcare, Series A, 5.00%, 3/15/38

      2,250         2,694,398   

Hudson Valley Hospital (BHAC), 5.00%, 8/15/36

      5,500         6,209,720   

Montefiore Hospital (NPFGC), 5.00%, 8/01/33

      1,000         1,069,090   

New York & Presbyterian Hospital (AGM), 5.00%, 8/15/14 (c)

      3,895         4,140,813   

North Shore-Long Island Jewish Health System, Series A, 5.50%, 5/01/37

      1,825         2,119,610   

North Shore-Long Island Jewish Health System, Series C, 4.25%, 5/01/39

      1,250         1,327,738   

North Shore-Long Island Jewish Health System, Series D, 4.25%, 5/01/39

      1,500         1,606,995   

North Shore-Long Island Jewish Health System, Series D, 5.00%, 5/01/39

      480         552,725   

NYU Hospital Center, Series A, 5.75%, 7/01/31

      2,680         3,200,724   

NYU Hospital Center, Series A, 6.00%, 7/01/40

      1,800         2,162,538   
    

Par

(000)

      Value  

Municipal Bonds

      

New York (continued)

                  

Health (concluded)

      

New York State Dormitory Authority, Refunding RB:

      

New York University Hospitals Center, Series A, 5.00%, 7/01/36

    $ 1,000       $ 1,074,420   

North Shore-Long Island Jewish Health System, Series A, 5.00%, 5/01/32

      2,000         2,298,820   

North Shore-Long Island Jewish Health System, Series A, 5.25%, 5/01/34

      7,375         8,649,252   

St. Luke’s Roosevelt Hospital (FHA), 4.90%, 8/15/31

      1,000         1,084,440   
     

 

 

  
        45,497,950   

 

  

Housing — 3.8%

      

New York City Housing Development Corp., RB, AMT:

      

Series A-1-A, 5.00%, 11/01/30

      750         791,055   

Series A-1-A, 5.45%, 11/01/46

      1,335         1,398,893   

Series C, 5.00%, 11/01/26

      1,250         1,309,712   

Series C, 5.05%, 11/01/36

      2,000         2,090,920   

Series H-1, 4.70%, 11/01/40

      1,000         1,029,960   

Series H-2-A, 5.20%, 11/01/35

      835         882,119   

Series H-2-A, 5.35%, 5/01/41

      600         643,026   

New York Mortgage Agency, RB, Series 145, AMT, 5.13%, 10/01/37

      900         943,632   

New York Mortgage Agency, Refunding RB, AMT:

      

Series 97, 5.50%, 4/01/31

      525         525,719   

Series 133, 4.95%, 10/01/21

      685         716,750   

Series 143, 4.85%, 10/01/27

      1,085         1,138,946   

Series 143, 4.90%, 10/01/37

      813         846,348   

Series 143 (NPFGC), 4.85%, 10/01/27

      2,000         2,117,560   

New York State HFA, RB, St. Philip’s Housing, Series A, AMT (Fannie Mae), 4.65%, 11/15/38

      1,000         1,036,110   

Yonkers EDC, Refunding RB, Riverview II (Freddie Mac), 4.50%, 5/01/25

      1,500         1,648,635   

Yonkers Industrial Development Agency New York, RB, Monastery Manor Associates LP Project, AMT (SONYMA), 5.25%, 4/01/37

      2,000         2,080,960   
        19,200,345   
 

 

                 
      BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.       NOVEMBER 30, 2012    3        

 

 

Schedule of Investments (continued)

  

 

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

 

    

Par

(000)

      Value  

Municipal Bonds

      

New York (continued)

                  

State — 10.5%

      

New York City Transitional Finance Authority, BARB:

      

Series S-1, 4.00%, 7/15/42

    $ 1,000       $ 1,076,100   

Series S-2 (NPFGC), 4.25%, 1/15/34

      4,830         5,081,643   

New York City Transitional Finance Authority, RB:

      

Fiscal 2008, Series S-1, 4.50%, 1/15/38

      1,510         1,618,297   

Fiscal 2009, Series S-1 (AGC), 5.50%, 7/15/38

      4,000         4,637,320   

Fiscal 2009, Series S-4 (AGC), 5.50%, 1/15/39

      1,250         1,464,800   

Series S-2 (AGM), 5.00%, 1/15/37

      3,750         4,084,425   

New York State Dormitory Authority, RB:

      

Master BOCES Program Lease (AGC), 5.00%, 8/15/28

      250         289,375   

Mental Health Facilities, Series B, 5.25%,
2/15/14 (c)

      1,550         1,638,520   

Mental Health Services Facilities Improvement, Series B (AGM), 5.00%, 2/15/33

      4,500         5,221,935   

School Districts Financing Program, Series C (AGM), 5.00%, 10/01/37

      2,500         2,818,925   

Series C, 5.00%, 12/15/31

      2,320         2,662,966   

New York State Dormitory Authority, Refunding RB:

      

School Districts Financing Program, Series A (AGM), 5.00%, 10/01/35

      450         511,101   

Secured Hospital, North General Hospital (Syncora), 5.75%, 2/15/17

      2,000         2,017,520   

New York State Thruway Authority, RB:

      

Second General, Series B, 5.00%, 4/01/27

      1,000         1,155,810   

Series A (AMBAC), 5.00%, 4/01/26

      8,700         9,765,663   

New York State Thruway Authority, Refunding RB, Series A, 5.00%, 4/01/32

      1,000         1,206,060   

New York State Urban Development Corp., State Personal Income Tax, RB:

      

Series A, 3.50%, 3/15/28

      1,660         1,816,123   

Series C-1 (NPFGC),
5.00%, 3/15/13 (c)

      3,000         3,041,880   

State Facilities, Series A-1 (NPFGC), 5.00%, 3/15/14 (c)

      2,000         2,121,240   
     

 

 

  
        52,229,703   

 

  
    

Par

(000)

      Value  

Municipal Bonds

      

New York (continued)

                  

Tobacco — 3.7%

      

Tobacco Settlement Financing Corp. New York, RB, Asset-Backed, Series A-1 (AMBAC):

      

5.25%, 6/01/20

    $ 5,000       $ 5,121,150   

5.25%, 6/01/21

      13,275         13,588,423   
     

 

 

  
        18,709,573   

 

  

Transportation — 27.1%

      

Metropolitan Transportation Authority, RB:

      

Series 2008C, 6.50%, 11/15/28

      6,015         7,774,688   

Series A, 5.00%, 11/15/27

      1,000         1,203,090   

Series D, 5.25%, 11/15/41

      2,250         2,639,295   

Series H, 4.00%, 11/15/34

      2,295         2,462,650   

Metropolitan Transportation Authority, Refunding RB:

      

Series B, 5.00%, 11/15/34

      2,500         2,881,350   

Series F, 5.00%, 11/15/30

      3,160         3,812,350   

New York Liberty Development Corp., RB, 1 World Trade Center Port Authority Construction:

      

5.00%, 12/15/41

      6,000         7,021,740   

5.25%, 12/15/43

      11,500         13,665,910   

New York State Thruway Authority, RB, General, Series I, 4.13%, 1/01/42

      1,750         1,881,005   

New York State Thruway Authority, Refunding RB:

      

Series F (AMBAC), 5.00%, 1/01/30

      5,000         5,428,100   

Series G (AGM), 4.75%, 1/01/29

      1,250         1,366,338   

Series G (AGM), 4.75%, 1/01/30

      1,030         1,125,862   

Series G (AGM), 5.00%, 1/01/32

      3,450         3,815,424   

Series I, 5.00%, 1/01/37

      3,315         3,905,169   

Series I, 5.00%, 1/01/42

      1,970         2,313,804   

Niagara Falls Bridge Commission, Refunding RB, Bridge System, Series A (AGC), 4.00%, 10/01/19

      1,600         1,777,328   

Port Authority of New York & New Jersey, RB:

      

Consolidated, 124th Series, AMT, 5.00%, 8/01/36

      750         752,445   

Consolidated, 163rd Series, 5.00%, 7/15/35

      2,500         2,935,175   

Special Project, JFK International Air Terminal, Series 6 (NPFGC), 5.90%, 12/01/17

      4,000         4,006,120   

Special Project, JFK International Air Terminal, Series 6 AMT (NPFGC), 6.25%, 12/01/15

      7,830         8,611,826   

Special Project, JFK International Air Terminal, Series 6 AMT (NPFGC), 5.75%, 12/01/22

      26,725         26,736,225   
 

 

                 
       BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.       NOVEMBER 30, 2012    4      

 

 

Schedule of Investments (continued)

  

 

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

 

     Par
(000)		      Value  
Municipal Bonds              

New York (continued)

                  

Transportation (concluded)

      

Triborough Bridge & Tunnel Authority, RB:

      

Sub-Series A (NPFGC), 5.25%, 11/15/30

    $ 6,000       $ 6,259,380   

Subordinate Bonds (AMBAC), 5.00%, 11/15/28

      1,965         2,048,139   

Triborough Bridge & Tunnel Authority, Refunding RB:

      

General, Series A, 5.00%, 11/15/36

      1,000         1,197,720   

Series B, 5.00%, 11/15/31

      430         527,219   

Series B, 4.00%, 11/15/32

      500         557,345   

Series C, 5.00%, 11/15/38

      1,385         1,659,424   

Series E (NPFGC), 5.25%, 11/15/23

      8,600         8,634,056   

Series E (NPFGC), 5.00%, 11/15/32

      8,315         8,343,936   
     

 

 

  
        135,343,113   

 

  

Utilities — 9.8%

      

Long Island Power Authority, RB, Series A:

      

5.00%, 5/01/36

      2,375         2,752,863   

(AMBAC), 5.00%, 9/01/29

      3,000         3,195,450   

Long Island Power Authority, Refunding RB:

      

General, Series A (AGC), 6.00%, 5/01/33

      1,500         1,832,445   

General, Series B (AGM), 5.00%, 12/01/35

      3,500         3,898,405   

Series A (AGC), 5.75%, 4/01/39

      1,000         1,235,500   

New York City Municipal Water Finance Authority, RB, Series B, 5.00%, 6/15/36

      3,500         3,955,420   

New York City Municipal Water Finance Authority, Refunding RB:

      

2nd General Resolution, Fiscal 2011, Series BB, 5.00%, 6/15/31

      1,000         1,215,620   

2nd Generation Resolution, Series FF, 5.00%, 6/15/31

      1,500         1,823,430   

Series A (AGM), 4.25%, 6/15/39

      1,700         1,816,399   

Series DD, 5.00%, 6/15/32

      5,750         6,802,882   

Series DD (AGM), 4.50%, 6/15/39

      2,500         2,710,050   

Series FF, 4.00%, 6/15/45

      1,975         2,132,684   

Series FF, 5.00%, 6/15/45

      2,100         2,476,782   

New York State Environmental Facilities Corp., RB, Long Island Water Corp. Project, Series A, AMT (NPFGC), 4.90%, 10/01/34

      6,000         6,166,200   

New York State Environmental Facilities Corp., Refunding RB, Revolving Funds, New York City Municipal Water, Series B, 5.00%, 6/15/36

      3,200         3,861,024   
    

Par

(000)

      Value  
Municipal Bonds              

New York (concluded)

                  

Utilities (concluded)

      

New York State Power Authority, Refunding RB, Series A, 5.00%, 11/15/38

    $ 2,580       $ 3,069,710   
     

 

 

  
        48,944,864   

 

  

Total Municipal Bonds in New York

         569,859,356   

 

  
     

Guam — 1.2%

                  

Transportation — 0.9%

      

Guam International Airport Authority, Refunding RB, General, Series C, AMT (NPFGC):

      

5.25%, 10/01/21

      3,700         3,707,807   

5.25%, 10/01/22

      1,050         1,052,047   
     

 

 

  
        4,759,854   

 

  

Utilities — 0.3%

      

Guam Power Authority, RB, Series A (AGM), 5.00%, 10/01/37

      1,175         1,282,207   

 

  

Total Municipal Bonds in Guam

         6,042,061   

 

  
     

Puerto Rico — 10.1%

                  

Housing — 0.5%

      

Puerto Rico Housing Finance Authority, Refunding RB, Subordinate, Capital Fund Modernization, 5.13%, 12/01/27

      2,500         2,772,700   

 

  

State — 6.1%

      

Commonwealth of Puerto Rico, GO, Refunding (NPFGC):

      

Public Improvement, Series A, 5.50%, 7/01/20

      1,970         2,203,346   

Sub-Series C-7, 6.00%, 7/01/27

      1,400         1,530,088   

Sub-Series C-7, 6.00%, 7/01/28

      4,000         4,355,040   

Puerto Rico Commonwealth Infrastructure Financing Authority, RB, CAB, Series A (b):

      

(AMBAC), 5.89%, 7/01/34

      9,300         2,658,591   

(AMBAC), 6.10%, 7/01/37

      2,200         501,908   

(NPFGC), 5.79%, 7/01/33

      5,500         1,699,830   

Puerto Rico Infrastructure Financing Authority, RB, CAB, Series A (NPFGC), 5.57%, 7/01/31 (b)

      10,280         3,701,828   

Puerto Rico Public Buildings Authority, Refunding RB, Government Facilities, Series M-3 (NPFGC), 6.00%, 7/01/28

      2,500         2,721,900   

Puerto Rico Sales Tax Financing Corp., RB, First Sub-Series A:

      

5.63%, 8/01/30

      1,000         1,058,800   

5.75%, 8/01/37

      3,000         3,343,500   

(AGM), 5.00%, 8/01/40

      1,905         2,077,136   
 

 

                 
       BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.       NOVEMBER 30, 2012    5      

 

 

Schedule of Investments(continued)

  

 

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

 

    

Par

(000)

      Value  
Municipal Bonds              

Puerto Rico (concluded)

                  
State (concluded)      

Puerto Rico Sales Tax Financing Corp., Refunding RB:

      

CAB, Series A (NPFGC), 5.42%, 8/01/41 (b)

    $ 11,000       $ 2,375,560   

CAB, Series A (NPFGC), 5.46%, 8/01/43 (b)

      2,500         479,350   

Senior Series C, 5.25%, 8/01/40

      1,530         1,721,342   
     

 

 

  
        30,428,219   

 

  

Transportation — 3.0%

      

Puerto Rico Highway & Transportation Authority, RB, Series Y (AGM), 6.25%, 7/01/21

      5,025         6,118,490   

Puerto Rico Highway & Transportation Authority, Refunding RB (AGM):

      

Series AA, 4.95%, 7/01/26

      3,710         4,012,922   

Series CC, 5.50%, 7/01/29

      2,145         2,569,967   

Series CC, 5.50%, 7/01/31

      1,855         2,220,083   
     

 

 

  
        14,921,462   

 

  

Utilities — 0.5%

      

Puerto Rico Electric Power Authority, RB:

      

Series NN, 5.13%, 7/01/13 (c)

      940         966,931   

Series RR (NPFGC), 5.00%, 7/01/24

      1,000         1,055,000   

Puerto Rico Electric Power Authority, Refunding RB, Series V (NPFGC), 5.25%, 7/01/30

      500         546,490   
     

 

 

  
        2,568,421   

 

  

Total Municipal Bonds in Puerto Rico

         50,690,802   

 

  

Total Municipal Bonds – 125.3%

         626,592,219   

 

  
     
     
Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts (e)       
     

New York — 31.0%

                  

County/City/Special District/School District — 11.9%

  

City of New York, New York, GO:

      

Sub-Series C-3 (AGC), 5.75%, 8/15/28 (f)

      10,000         12,483,300   

Series J, 5.00%, 5/15/23

      6,800         7,249,616   

New York City Transitional Finance Authority, RB, Future Tax Secured Sub-Series D-1, 5.00%, 11/01/38

      1,650         1,969,193   

New York Convention Center Development Corp., RB, Hotel Unit Fee Secured (AMBAC), 5.00%, 11/15/35

      18,000         19,876,860   
    

Par

(000)

      Value  
Municipal Bonds Transferred to Tender
Option Bond (TOB) Trusts (e)		              
     

New York (continued)

                  
County/City/Special District/School District (concluded)      

New York Liberty Development Corp., RB, 7 World Trade Center Project, Class 1:

      

4.00%, 9/15/35

    $ 2,010       $ 2,129,997   

5.00%, 9/15/40

      2,610         3,090,866   

New York Liberty Development Corp., Refunding RB, 4 World Trade Center Project, 5.00%, 11/15/44

      2,000         2,307,060   

New York State Dormitory Authority, RB, State University Dormitory Facilities, Series A, 5.25%, 7/01/29

      5,000         5,936,900   

Sales Tax Asset Receivable Corp., Refunding RB, Series A (AMBAC), 5.00%, 10/15/32

      4,003         4,321,595   
     

 

 

  
        59,365,387   

 

  

Education — 4.5%

      

New York State Dormitory Authority, RB:

      

New York University, Series A, 5.00%, 7/01/38

      5,498         6,162,282   

New York University, Series A (AMBAC), 5.00%, 7/01/37

      2,999         3,338,006   

Series B, 5.75%, 3/15/36

      5,000         6,295,100   

State University Dormitory Facilities, Series A, 5.00%, 7/01/35

      4,448         5,261,015   

New York State Dormitory Authority, Refunding RB, State University Dormitory Facilities, Series A, 5.00%, 7/01/42

      1,480         1,774,076   
     

 

 

  
        22,830,479   

 

  

State — 1.2%

      

New York State Dormitory Authority, RB, Mental Health Services Facilities, Series C, AMT (AGM), 5.40%, 2/15/33

      5,458         6,054,638   

 

  

Transportation — 10.1%

      

Hudson New York Yards Infrastructure Corp., RB, Series A, 5.75%, 2/15/47

      5,999         7,287,693   

Metropolitan Transportation Authority, RB, Series A (NPFGC), 5.00%, 11/15/31

      7,002         8,010,793   

New York State Thruway Authority, Refunding RB (AGM):

      

Series G, 5.00%, 1/01/32

      12,000         13,271,040   

Series H, 5.00%, 1/01/37

      8,500         9,762,675   

Port Authority of New York & New Jersey, RB, AMT:

      

Consolidated, 37th Series (AGM), 5.13%, 7/15/30

      2,500         2,671,375   

Consolidated, 169th Series, 5.00%, 10/15/25

      8,005         9,532,661   
     

 

 

  
        50,536,237   

 

  
 

 

 

                 
      BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.       NOVEMBER 30, 2012    6      

 

 

Schedule of Investments (continued)

  

 

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)

 

    

Par

(000)

      Value  

Municipal Bonds Transferred to Tender Option Bond

(TOB) Trusts (e)

  

  

     

New York (concluded)

                  
                   

Utilities — 3.3%

      

New York City Municipal Water Finance Authority, RB, Fiscal 2009, Series A, 5.75%, 6/15/40

    $ 4,004       $ 4,953,899   

New York City Municipal Water Finance Authority, Refunding RB:

      

Second General Resolution,
Series HH, 5.00%, 6/15/32

      7,151         8,542,796   

Series FF-2, 5.50%, 6/15/40

      2,399         2,958,342   
                16,455,037   

Total Municipal Bonds in New York

  

      155,241,778   
     

Puerto Rico — 1.8%

                  

State — 1.8%

      

Puerto Rico Sales Tax Financing Corp., Refunding RB, Series C, 5.00%, 8/01/40

      8,000         8,852,480   

Total Municipal Bonds Transferred to Tender Option

Bond (TOB) Trusts – 32.8%

  

  

      164,094,258   

Total Long-Term Investments

(Cost – $721,083,006) – 158.1%

               790,686,477   
     
     
     
     Shares         

Short-Term Securities

 

      

BIF New York Municipal Money Fund, 0.00% (g)(h)

      29,810,179         29,810,179   

Total Short-Term Securities

(Cost – $29,810,179) – 6.0%

               29,810,179   

Total Investments (Cost - $750,893,185*) – 164.1%

  

      820,496,656   

Other Assets Less Liabilities – 0.2%

  

      865,890   

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable – (15.6)%

   

      (77,881,553)   

VDRP Shares, at Liquidation Value – (48.7)%

  

      (243,600,000)   

Net Assets Applicable to Common Shares – 100.0%

  

    $ 499,880,993   
                   

*

   As of November 30, 2012, gross unrealized appreciation and gross unrealized depreciation based on cost for federal income tax purposes were as follows:     
  Tax cost    $ 673,837,006   
  Gross unrealized appreciation    $ 71,721,053   
  Gross unrealized depreciation      (2,898,223)   
  Net unrealized appreciation    $ 68,822,830   

(a)

   Variable rate security. Rate shown is as of report date.   

(b)

   Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.    

(c)

   US government securities, held in escrow, are used to pay interest on this security, as well as to retire the bond in full at the date indicated, typically at a premium to par.     

(d)

   When-issued security. Unsettled when-issued transactions were as follows:    

 

Counterparty

 

     

 

 Value

 

   

 

     
 

 

 Unrealized
Appreciation

 

   
  

 

RBC Capital Markets

    $ 3,666,036       $ 21,615   

 

(e)

   Securities represent bonds transferred to a TOB in exchange for which the Fund acquired residual interest certificates. These securities serve as collateral in a financing transaction.

(f)

   All or a portion of security is subject to a recourse agreement which may require the Fund to pay the Liquidity Provider in the event there is a shortfall between the TOB Trust Certificates and proceeds received from the sale of the security contributed to the TOB trust. In the case of a shortfall, the aggregate maximum potential amount the Fund could ultimately be required to pay under the agreements is $5,000,000.

(g)

   Investments in issuers considered to be an affiliate of the Fund during the period ended November 30, 2012, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

       Affiliate   

Shares
Held at
August 31,
2012

     

Net

Activity

     

Shares

Held at
November 30,
2012

      Income  
 

BIF New York Municipal Money Fund

      9,529,494         20,280,685         29,810,179         —     

 

(h)

   Represents the current yield as of report date.
 

 

                 
       BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.       NOVEMBER 30, 2012    7      

 

 

Schedule of Investments (continued)

  

 

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

 

Portfolio Abbreviations

To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated according to the following list:

 

AGC   Assured Guaranty Corp.
AGM   Assured Guaranty Municipal Corp.
AMBAC   American Municipal Bond Assurance Corp.
AMT   Alternative Minimum Tax (subject to)
BARB   Building Aid Revenue Bonds
BHAC   Berkshire Hathaway Assurance Corp.
BOCES   Board of Cooperative Educational Services
CAB   Capital Appreciation Bonds
EDC   Economic Development Corp.
Fannie Mae   Federal National Mortgage Association
FHA   Federal Housing Administration
Freddie Mac   Federal Home Loan Mortgage Corporation
GO   General Obligation Bonds
HFA   Housing Finance Agency
NPFGC   National Public Finance Guarantee Corp.
PILOT   Payment in Lieu of Taxes
RB   Revenue Bonds
SONYMA   State of New York Mortgage Agency
Syncora   Syncora Guarantee
—  

For Fund compliance purposes, the Fund’s sector classifications refer to any one or more of the sector sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by Fund management. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.

 

—  

Fair Value Measurements - Various inputs are used in determining the fair value of investments. These inputs to valuation techniques are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes as follows:

 

  —  

Level 1 – unadjusted price quotations in active markets/exchanges for identical assets and liabilities that the Fund has the ability to access

 

  —  

Level 2 – other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

 

  —  

Level 3 – unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund’s own assumptions used in determining the fair value of investments)

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy. In accordance with the Fund’s policy, transfers between different levels of the fair value disclosure hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments is based on the pricing transparency of the investment and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements as contained in its annual report.

 

 

                 
      BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.       NOVEMBER 30, 2012    8      

 

 

Schedule of Investments (concluded)

  

 

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

 

The following table summarizes the Fund’s investments categorized in the disclosure hierarchy as of November 30, 2012:

     Level 1     Level 2     Level 3     Total  

Assets:

        

Investments:

        

Long Term

Investments1

     —      $ 790,686,477        —        $ 790,686,477   

Short-Term

Securities

   $ 29,810,179        —        —          29,810,179   

Total

   $ 29,810,179      $ 790,686,477        —        $ 820,496,656   

1See above Schedule of Investments for values in each sector.

Certain of the Fund’s liabilities are held at carrying amount, which approximates fair value for financial reporting purposes. As of November 30, 2012, such liabilities are categorized within the disclosure hierarchy as follows:

     Level 1     Level 2     Level 3     Total  

Liabilities:

        

TOB trust
certificates

     —        $ (77,836,820 )      —        $ (77,836,820 ) 

VRDP Shares

     —          (243,600,000 )      —          (243,600,000 ) 

Total

     —        $ (321,436,820 )      —        $ (321,436,820 ) 

There were no transfers between levels during the period ended November 30, 2012.

 

 

 

                 
       BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.       NOVEMBER 30, 2012    9      

Item 2 – Controls and Procedures

 

2(a) – The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.

 

2(b) – There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3 – Exhibits

Certifications – Attached hereto

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

BlackRock MuniHoldings New York Quality Fund, Inc.

By:

  

/s/ John M. Perlowski

  John M. Perlowski
  Chief Executive Officer (principal executive officer) of
  BlackRock MuniHoldings New York Quality Fund, Inc.

Date: January 23, 2013

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By:

  

/s/ John M. Perlowski

  John M. Perlowski
  Chief Executive Officer (principal executive officer) of
  BlackRock MuniHoldings New York Quality Fund, Inc.

Date: January 23, 2013

 

By:

  

/s/ Neal J. Andrews

  Neal J. Andrews
  Chief Financial Officer (principal financial officer) of
  BlackRock MuniHoldings New York Quality Fund, Inc.

Date: January 23, 2013