BlackRock MuniYield Pennsylvania Quality Fund
MPA
32 hedge funds and large institutions have $21M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
8% more capital invested
Capital invested by funds: $19.4M → $21M (+$1.55M)
0.75% more ownership
Funds ownership: 10.26% → 11.01% (+0.75%)
6% less funds holding
Funds holding: 34 → 32 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$903K |
| 2 |
SCM
Saba Capital Management
New York
|
+$448K |
| 3 |
Morgan Stanley
New York
|
+$220K |
| 4 |
LPL Financial
San Diego,
California
|
+$103K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$79.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$202K |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$149K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$117K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$31.1K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$27.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RAM
26
Riggs Asset Management
Dallas,
Pennsylvania
| $34K | – | – | – |
|
|
FANJ
27
Financial Architects (New Jersey)
Marlton,
New Jersey
| $27K | – | – | – |
|
28
Fifth Third Bancorp
Cincinnati,
Ohio
| $21K | – | – | – |
|
|
VNA
29
Valley National Advisers
Bethlehem,
Pennsylvania
| $21K | +$21.2K | +1,500 | New |
|
|
CAL
30
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $11K | – | – | – |
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| $11K | +$10.6K | +747 | New |
|
32
JP Morgan Chase
New York
| $4K | +$3.46K | +245 | New |
|
|
ACA
33
Ackerman Capital Advisors
Dallas,
Texas
| – | -$149K | -10,466 | Closed |
|
|
EIP
34
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | -$23K | -1,663 | Closed |
|
|
JWA
35
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$13K | -880 | Closed |
|
|
FIA
36
FNY Investment Advisers
New York
| – | -$2K | -172 | Closed |
|
|
EW
37
Evoke Wealth
Los Angeles,
California
| – | -$2.17K | -152 | Closed |
|
MPA Hedge Fund Activity: Q4 2019 in Review
32 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q4 2019, worth a combined $21M — up 8% from $19.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MPA and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 12 added.
The largest buyer was Robinson Capital Management, adding an estimated $903K. The largest seller was Landscape Capital Management, cutting an estimated $202K.
- 32 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q4 2019, down from 34 in Q3 2019.
- Funds reported $21M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q4 2019, up 8% quarter-over-quarter.
- 3 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q4 2019 and 5 closed out, a net change of -2 holders.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q4 2019 was Robinson Capital Management, an estimated $903K added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q4 2019 was Landscape Capital Management, an estimated $202K sold.
Based on aggregated 13F filings for Q4 2019.