BlackRock MuniYield Pennsylvania Quality Fund
MPA
32 hedge funds and large institutions have $22M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
1.28% more ownership
Funds ownership: 11.01% → 12.29% (+1.3%)
5% more capital invested
Capital invested by funds: $21M → $22M (+$1.05M)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.53M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.99M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$375K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$362K |
| 5 |
BOPW
Brandywine Oak Private Wealth
Kennett Square,
Pennsylvania
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.6M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$789K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$375K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $109K | -$86.4K | -6,102 | -43% |
|
|
EIP
27
Ellis Investment Partners
Berwyn,
Pennsylvania
| $109K | +$120K | +8,500 | New |
|
|
EWM
28
Edge Wealth Management
New York
| $40K | – | – | – |
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| $35K | +$28.2K | +1,995 | +267% |
|
|
RAM
30
Riggs Asset Management
Dallas,
Pennsylvania
| $32K | – | – | – |
|
31
Fifth Third Bancorp
Cincinnati,
Ohio
| $20K | -$14 | -1 | -0.1% |
|
|
CAL
32
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $10K | – | – | – |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| – | -$1M | -70,268 | Closed |
|
|
FANJ
34
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$27K | -1,900 | Closed |
|
|
VNA
35
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$21K | -1,500 | Closed |
|
36
JP Morgan Chase
New York
| – | -$4K | -245 | Closed |
|
MPA Hedge Fund Activity: Q1 2020 in Review
32 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q1 2020, worth a combined $22M — up 5% from $21M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MPA positions and 4 closed out — a net gain of 2 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.53M. The largest seller was Sit Investment Associates, cutting an estimated $1.6M.
- 32 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $22M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q1 2020, up 5% quarter-over-quarter.
- 6 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q1 2020 and 4 closed out, a net change of +2 holders.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q1 2020 was Saba Capital Management, an estimated $2.53M added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q1 2020 was Sit Investment Associates, an estimated $1.6M sold.
Based on aggregated 13F filings for Q1 2020.