BlackRock MuniYield Pennsylvania Quality Fund
MPA
29 hedge funds and large institutions have $10.5M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
7% more funds holding
Funds holding: 27 → 29 (+2)
0.47% less ownership
Funds ownership: 6.96% → 6.49% (-0.47%)
10% less capital invested
Capital invested by funds: $11.7M → $10.5M (-$1.22M)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$187K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$120K |
| 3 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
+$73.9K |
| 4 |
Citigroup
New York
|
+$66.2K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$21.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$550K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$180K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$133K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$124K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$102K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $23K | +$9.03K | +640 | +65% |
|
|
BRWA
27
B. Riley Wealth Advisors
Boca Raton,
Florida
| $21.1K | +$21.2K | +1,500 | New |
|
28
US Bancorp
Minneapolis,
Minnesota
| $19K | +$99 | +7 | +0.5% |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $1K | -$1.41K | -100 | -61% |
|
|
30
AQR Capital Management
Greenwich,
Connecticut
| – | -$550K | -39,481 | Closed |
|
|
31
AllianceBernstein
Nashville,
Tennessee
| – | -$133K | -9,510 | Closed |
|
MPA Hedge Fund Activity: Q2 2014 in Review
29 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q2 2014, worth a combined $10.5M — down 10% from $11.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MPA positions and 2 closed out — a net gain of 2 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Landscape Capital Management, opening a new position worth an estimated $187K. The largest seller was AQR Capital Management, exiting entirely with an estimated $550K sold.
- 29 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q2 2014, up from 27 in Q1 2014.
- Funds reported $10.5M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q2 2014, down 10% quarter-over-quarter.
- 4 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q2 2014 and 2 closed out, a net change of +2 holders.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q2 2014 was Landscape Capital Management, an estimated $187K added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q2 2014 was AQR Capital Management, an estimated $550K sold.
Based on aggregated 13F filings for Q2 2014.