BlackRock MuniYield Pennsylvania Quality Fund
MPA
30 hedge funds and large institutions have $16.4M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 8 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
11% more capital invested
Capital invested by funds: $14.7M → $16.4M (+$1.66M)
1.43% more ownership
Funds ownership: 8.21% → 9.64% (+1.4%)
14% less funds holding
Funds holding: 35 → 30 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.11M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$940K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$810K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$726K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$722K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$201K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$182K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$136K |
| 5 |
SG Americas Securities
New York
|
-$118K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $28K | +$19.1K | +1,455 | +193% |
|
|
JWA
27
JFS Wealth Advisors
Hermitage,
Pennsylvania
| $11K | – | – | – |
|
|
CAL
28
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $10K | – | – | – |
|
|
SWP
29
Stratos Wealth Partners
Beachwood,
Ohio
| $6K | +$6.09K | +463 | New |
|
|
FIA
30
FNY Investment Advisers
New York
| $1K | +$592 | +45 | +100% |
|
|
LCM
31
Laurion Capital Management
New York
| – | -$722K | -53,714 | Closed |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$201K | -14,987 | Closed |
|
|
DA
33
Doliver Advisors
Houston,
Texas
| – | -$182K | -13,534 | Closed |
|
|
34
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$136K | -10,106 | Closed |
|
|
35
SG Americas Securities
New York
| – | -$118K | -8,762 | Closed |
|
36
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$103K | -7,688 | Closed |
|
|
STA
37
Summit Trail Advisors
New York
| – | -$12K | -856 | Closed |
|
MPA Hedge Fund Activity: Q3 2018 in Review
30 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q3 2018, worth a combined $16.4M — up 11% from $14.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MPA and 3 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 11 added.
The largest buyer was Curi RMB Capital, adding an estimated $1.11M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $722K sold.
- 30 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q3 2018, down from 35 in Q2 2018.
- Funds reported $16.4M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q3 2018, up 11% quarter-over-quarter.
- 3 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q3 2018 and 8 closed out, a net change of -5 holders.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q3 2018 was Curi RMB Capital, an estimated $1.11M added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q3 2018 was Laurion Capital Management, an estimated $722K sold.
Based on aggregated 13F filings for Q3 2018.