BlackRock MuniYield Pennsylvania Quality Fund
MPA
33 hedge funds and large institutions have $16.1M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
22% more funds holding
Funds holding: 27 → 33 (+6)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
4% more capital invested
Capital invested by funds: $15.5M → $16.1M (+$608K)
0.06% less ownership
Funds ownership: 7.59% → 7.53% (-0.06%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$965K |
| 2 |
AWA
AmeriServ Wealth Advisors
Johnstown,
Pennsylvania
|
+$367K |
| 3 |
HCM
Howland Capital Management
Boston,
Massachusetts
|
+$201K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$177K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.51M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$473K |
| 3 |
Morgan Stanley
New York
|
-$323K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$220K |
| 5 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$26K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RAM
26
Riggs Asset Management
Dallas,
Pennsylvania
| $39K | +$679 | +44 | +2% |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $30K | – | – | – |
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $27K | +$25.7K | +1,663 | New |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $16K | – | – | – |
|
30
US Bancorp
Minneapolis,
Minnesota
| $12K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $3K | -$1.02K | -66 | -25% |
|
|
SNT
32
Security National Trust
Wheeling,
West Virginia
| $2K | – | – | – |
|
|
33
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$473K | -31,047 | Closed |
|
|
TFA
34
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$26K | -1,652 | Closed |
|
|
AIG
35
American International Group
New York
| – | -$10K | -636 | Closed |
|
MPA Hedge Fund Activity: Q2 2016 in Review
33 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q2 2016, worth a combined $16.1M — up 3.9% from $15.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MPA positions and 3 closed out — a net gain of 6 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $965K. The largest seller was LPL Financial, cutting an estimated $1.51M.
- 33 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q2 2016, up from 27 in Q1 2016.
- Funds reported $16.1M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q2 2016, up 3.9% quarter-over-quarter.
- 9 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q2 2016 and 3 closed out, a net change of +6 holders.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q2 2016 was Laurion Capital Management, an estimated $965K added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q2 2016 was LPL Financial, an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2016.