BlackRock MuniYield Pennsylvania Quality Fund
MPA
28 hedge funds and large institutions have $16.4M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 5 closing their positions.
16% more capital invested
Capital invested by funds: $14.2M → $16.4M (+$2.22M)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
0.57% more ownership
Funds ownership: 7.85% → 8.42% (+0.57%)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 29 → 28 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.28M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.43M |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
+$949K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$264K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$76.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$567K |
| 2 |
Morgan Stanley
New York
|
-$292K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$239K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$236K |
| 5 |
Bank of New York Mellon
New York
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $18K | +$17.8K | +1,272 | New |
|
|
SNT
27
Security National Trust
Wheeling,
West Virginia
| $1K | – | – | – |
|
|
CRC
28
Curi RMB Capital
Chicago,
Illinois
| – | -$239K | -17,637 | Closed |
|
|
29
Bank of New York Mellon
New York
| – | -$188K | -13,807 | Closed |
|
|
AA
30
AQR Arbitrage
Greenwich,
Connecticut
| – | -$184K | -13,579 | Closed |
|
|
TC
31
TFS Capital
West Chester,
Pennsylvania
| – | -$173K | -12,782 | Closed |
|
32
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$144K | -10,600 | Closed |
|
|
ST
33
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | +$280 | +20 | New |
|
MPA Hedge Fund Activity: Q4 2015 in Review
28 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q4 2015, worth a combined $16.4M — up 16% from $14.2M a quarter earlier.
Fund positioning in MPA was balanced in Q4 2015: 5 funds opened new positions, 5 closed out, 9 added to existing stakes and 8 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $2.28M. The largest seller was Wolverine Asset Management, cutting an estimated $567K.
- 28 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q4 2015, down from 29 in Q3 2015.
- Funds reported $16.4M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q4 2015, up 16% quarter-over-quarter.
- 5 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q4 2015 and 5 closed out, a net change of 0 holders.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q4 2015 was Fiera Capital (Canada), an estimated $2.28M added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q4 2015 was Wolverine Asset Management, an estimated $567K sold.
Based on aggregated 13F filings for Q4 2015.