BlackRock MuniYield Pennsylvania Quality Fund
MPA
29 hedge funds and large institutions have $19.5M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2020 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
2% more capital invested
Capital invested by funds: $19.1M → $19.5M (+$341K)
0.54% less ownership
Funds ownership: 10.34% → 9.8% (-0.54%)
9% less funds holding
Funds holding: 32 → 29 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
+$628K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$518K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$390K |
| 4 |
Morgan Stanley
New York
|
+$162K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$86.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.54M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$456K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$383K |
| 4 |
Bank of New York Mellon
New York
|
-$227K |
| 5 |
EIP
Ellis Investment Partners
Berwyn,
Pennsylvania
|
-$121K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VBCG
26
Valley Brook Capital Group
Venetia,
Pennsylvania
| $14K | +$14.2K | +1,000 | New |
|
|
RAM
27
Riggs Asset Management
Dallas,
Pennsylvania
| $12K | – | – | – |
|
|
CAL
28
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $11K | – | – | – |
|
29
Fifth Third Bancorp
Cincinnati,
Ohio
| $5K | – | – | – |
|
|
RCM
30
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$456K | -32,817 | Closed |
|
|
31
Bank of New York Mellon
New York
| – | -$227K | -16,245 | Closed |
|
|
EIP
32
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | -$121K | -8,500 | Closed |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| – | -$35K | -2,529 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$1K | -100 | Closed |
|
MPA Hedge Fund Activity: Q4 2020 in Review
29 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q4 2020, worth a combined $19.5M — up 1.8% from $19.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MPA and 2 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Almanack Investment Partners, opening a new position worth an estimated $628K. The largest seller was Saba Capital Management, cutting an estimated $1.54M.
- 29 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q4 2020, down from 32 in Q3 2020.
- Funds reported $19.5M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q4 2020, up 1.8% quarter-over-quarter.
- 2 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q4 2020 and 5 closed out, a net change of -3 holders.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q4 2020 was Almanack Investment Partners, an estimated $628K added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q4 2020 was Saba Capital Management, an estimated $1.54M sold.
Based on aggregated 13F filings for Q4 2020.