BlackRock MuniYield Pennsylvania Quality Fund
MPA
29 hedge funds and large institutions have $10.5M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
21% more funds holding
Funds holding: 24 → 29 (+5)
17% more capital invested
Capital invested by funds: $8.97M → $10.5M (+$1.55M)
1.46% more ownership
Funds ownership: 5.84% → 7.3% (+1.5%)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.02M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$695K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$583K |
| 4 |
Morgan Stanley
New York
|
+$334K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWM
ParenteBeard Wealth Management
York,
Pennsylvania
|
-$515K |
| 2 |
LOM
Loeb Offshore Management
New York
|
-$406K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$223K |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$171K |
| 5 |
CIA
Covington Investment Advisors
Ligonier,
Pennsylvania
|
-$161K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $13K | – | – | – |
|
|
TJHA
27
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $13K | +$12.9K | +1,000 | New |
|
28
Citigroup
New York
| $8K | -$19.1K | -1,482 | -69% |
|
|
OFG
29
OTA Financial Group
Purchase,
New York
| $227 | +$229K | +17,777 | New |
|
|
LOM
30
Loeb Offshore Management
New York
| – | -$406K | -30,248 | Closed |
|
|
RJA
31
Raymond James & Associates
St Petersburg,
Florida
| – | -$223K | -16,624 | Closed |
|
|
CIA
32
Covington Investment Advisors
Ligonier,
Pennsylvania
| – | -$161K | -12,000 | Closed |
|
|
KIM
33
Karpus Investment Management
Pittsford,
New York
| – | -$139K | -10,354 | Closed |
|
MPA Hedge Fund Activity: Q4 2013 in Review
29 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q4 2013, worth a combined $10.5M — up 17% from $8.97M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MPA positions and 4 closed out — a net gain of 5 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Doliver Advisors, adding an estimated $1.02M. The largest seller was ParenteBeard Wealth Management, cutting an estimated $515K.
- 29 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q4 2013, up from 24 in Q3 2013.
- Funds reported $10.5M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q4 2013, up 17% quarter-over-quarter.
- 9 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q4 2013 and 4 closed out, a net change of +5 holders.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q4 2013 was Doliver Advisors, an estimated $1.02M added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q4 2013 was ParenteBeard Wealth Management, an estimated $515K sold.
Based on aggregated 13F filings for Q4 2013.