BlackRock MuniYield Pennsylvania Quality Fund
MPA
27 hedge funds and large institutions have $15.5M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 4 closing their positions.
0.83% less ownership
Funds ownership: 8.42% → 7.59% (-0.83%)
4% less funds holding
Funds holding: 28 → 27 (-1)
6% less capital invested
Capital invested by funds: $16.4M → $15.5M (-$984K)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
AmeriServ Wealth Advisors
Johnstown,
Pennsylvania
|
+$830K |
| 2 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
+$581K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$83.6K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$31.1K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
-$1.03M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$468K |
| 3 |
Morgan Stanley
New York
|
-$458K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$352K |
| 5 |
LPL Financial
San Diego,
California
|
-$285K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SNT
26
Security National Trust
Wheeling,
West Virginia
| $2K | – | – | – |
|
|
NPC
27
National Planning Corporation
El Segundo,
California
| – | -$1.03M | -67,825 | Closed |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| – | -$468K | -32,202 | Closed |
|
|
LCM
29
Landscape Capital Management
Englewood,
New Jersey
| – | -$352K | -24,214 | Closed |
|
30
HighTower Advisors
Chicago,
Illinois
| – | -$284K | -19,551 | Closed |
|
MPA Hedge Fund Activity: Q1 2016 in Review
27 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q1 2016, worth a combined $15.5M — down 6% from $16.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MPA and 3 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 9 added.
The largest buyer was AmeriServ Wealth Advisors, opening a new position worth an estimated $830K. The largest seller was National Planning Corporation, exiting entirely with an estimated $1.03M sold.
- 27 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q1 2016, down from 28 in Q4 2015.
- Funds reported $15.5M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q1 2016, down 6% quarter-over-quarter.
- 3 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q1 2016 and 4 closed out, a net change of -1 holder.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q1 2016 was AmeriServ Wealth Advisors, an estimated $830K added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q1 2016 was National Planning Corporation, an estimated $1.03M sold.
Based on aggregated 13F filings for Q1 2016.