BlackRock MuniYield Pennsylvania Quality Fund
MPA
32 hedge funds and large institutions have $19.1M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 3 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
1.17% less ownership
Funds ownership: 11.51% → 10.34% (-1.2%)
6% less funds holding
Funds holding: 34 → 32 (-2)
8% less capital invested
Capital invested by funds: $20.8M → $19.1M (-$1.67M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$92.7K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$70.7K |
| 3 |
Morgan Stanley
New York
|
+$52.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$52K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.36M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$415K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$329K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$229K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$191K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $57K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $54K | +$12.3K | +873 | +29% |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| $35K | +$30.7K | +2,190 | +646% |
|
|
RAM
29
Riggs Asset Management
Dallas,
Pennsylvania
| $11K | -$22.4K | -1,592 | -67% |
|
|
CAL
30
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $10K | – | – | – |
|
31
Fifth Third Bancorp
Cincinnati,
Ohio
| $5K | -$10.6K | -754 | -67% |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $1K | +$1.4K | +100 | New |
|
|
CRC
33
Curi RMB Capital
Chicago,
Illinois
| – | -$229K | -16,903 | Closed |
|
|
EWM
34
Edge Wealth Management
New York
| – | -$41K | -3,000 | Closed |
|
|
PAG
35
Private Advisor Group
Morristown,
New Jersey
| – | -$27K | -1,986 | Closed |
|
MPA Hedge Fund Activity: Q3 2020 in Review
32 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q3 2020, worth a combined $19.1M — down 8% from $20.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MPA and 1 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 12 added.
The largest buyer was Raymond James & Associates, adding an estimated $92.7K. The largest seller was Saba Capital Management, cutting an estimated $1.36M.
- 32 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q3 2020, down from 34 in Q2 2020.
- Funds reported $19.1M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q3 2020, down 8% quarter-over-quarter.
- 1 fund opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q3 2020 and 3 closed out, a net change of -2 holders.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q3 2020 was Raymond James & Associates, an estimated $92.7K added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q3 2020 was Saba Capital Management, an estimated $1.36M sold.
Based on aggregated 13F filings for Q3 2020.