BlackRock MuniYield Pennsylvania Quality Fund
MPA
33 hedge funds and large institutions have $19.7M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
20% more capital invested
Capital invested by funds: $16.4M → $19.7M (+$3.33M)
10% more funds holding
Funds holding: 30 → 33 (+3)
2.13% more ownership
Funds ownership: 9.64% → 11.77% (+2.1%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.04M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.63M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$983K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$591K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$729K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$522K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$445K |
| 4 |
Morgan Stanley
New York
|
-$394K |
| 5 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
-$126K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JCM
26
Jacobi Capital Management
Pittston,
Pennsylvania
| $55K | +$780 | +62 | +1% |
|
|
SFG
27
SevenBridge Financial Group
Harrisburg,
Pennsylvania
| $44K | – | – | – |
|
|
RAM
28
Riggs Asset Management
Dallas,
Pennsylvania
| $30K | – | – | – |
|
29
Fifth Third Bancorp
Cincinnati,
Ohio
| $28K | – | – | – |
|
|
JWA
30
JFS Wealth Advisors
Hermitage,
Pennsylvania
| $11K | – | – | – |
|
|
CAL
31
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $9K | – | – | – |
|
|
BOPW
32
Brandywine Oak Private Wealth
Kennett Square,
Pennsylvania
| $4K | +$4.07K | +323 | New |
|
|
SWP
33
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$6K | -463 | Closed |
|
|
FIA
34
FNY Investment Advisers
New York
| – | -$1K | -90 | Closed |
|
35
Fidelity Investments
Boston,
Massachusetts
| – | +$13 | +1 | New |
|
MPA Hedge Fund Activity: Q4 2018 in Review
33 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q4 2018, worth a combined $19.7M — up 20% from $16.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MPA positions and 2 closed out — a net gain of 4 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $2.04M. The largest seller was UBS Group, cutting an estimated $729K.
- 33 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q4 2018, up from 30 in Q3 2018.
- Funds reported $19.7M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q4 2018, up 20% quarter-over-quarter.
- 6 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q4 2018 and 2 closed out, a net change of +4 holders.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q4 2018 was Saba Capital Management, an estimated $2.04M added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q4 2018 was UBS Group, an estimated $729K sold.
Based on aggregated 13F filings for Q4 2018.