BlackRock MuniYield Pennsylvania Quality Fund
MPA
27 hedge funds and large institutions have $11.7M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 5 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
0.17% less ownership
Funds ownership: 6.25% → 6.08% (-0.17%)
3% less capital invested
Capital invested by funds: $12M → $11.7M (-$374K)
4% less funds holding
Funds holding: 28 → 27 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$343K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$155K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$148K |
| 4 |
SFG
SevenBridge Financial Group
Harrisburg,
Pennsylvania
|
+$50K |
| 5 |
LPL Financial
San Diego,
California
|
+$42.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$312K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$292K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$181K |
| 4 |
LCM
Laurion Capital Management
New York
|
-$147K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$99K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
26
Stratos Wealth Partners
Beachwood,
Ohio
| $7K | +$6.61K | +463 | New |
|
|
CRC
27
Curi RMB Capital
Chicago,
Illinois
| – | -$292K | -20,274 | Closed |
|
|
28
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$181K | -12,558 | Closed |
|
|
LCM
29
Laurion Capital Management
New York
| – | -$147K | -10,199 | Closed |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| – | -$99K | -6,884 | Closed |
|
|
JWA
31
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$34K | -2,327 | Closed |
|
MPA Hedge Fund Activity: Q4 2017 in Review
27 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q4 2017, worth a combined $11.7M — down 3.1% from $12M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MPA and 4 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 9 added.
The largest buyer was HBK Sorce Advisory, opening a new position worth an estimated $343K. The largest seller was Bank of America, cutting an estimated $312K.
- 27 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q4 2017, down from 28 in Q3 2017.
- Funds reported $11.7M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q4 2017, down 3.1% quarter-over-quarter.
- 4 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q4 2017 and 5 closed out, a net change of -1 holder.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q4 2017 was HBK Sorce Advisory, an estimated $343K added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q4 2017 was Bank of America, an estimated $312K sold.
Based on aggregated 13F filings for Q4 2017.