BlackRock MuniYield Pennsylvania Quality Fund
MPA
27 hedge funds and large institutions have $17.4M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
0.96% less ownership
Funds ownership: 9.8% → 8.85% (-0.96%)
7% less funds holding
Funds holding: 29 → 27 (-2)
11% less capital invested
Capital invested by funds: $19.5M → $17.4M (-$2.11M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$279K |
| 2 |
BOPW
Brandywine Oak Private Wealth
Kennett Square,
Pennsylvania
|
+$85.6K |
| 3 |
LPL Financial
San Diego,
California
|
+$50.3K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$43.9K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$43.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$938K |
| 2 |
SCM
Saba Capital Management
New York
|
-$905K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$299K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$178K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$79.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VBCG
26
Valley Brook Capital Group
Venetia,
Pennsylvania
| $14K | – | – | – |
|
27
Fifth Third Bancorp
Cincinnati,
Ohio
| $5K | – | – | – |
|
|
SCM
28
Saba Capital Management
New York
| – | -$905K | -60,625 | Closed |
|
|
MIG
29
Mariner Investment Group
Harrison,
New York
| – | -$299K | -20,071 | Closed |
|
|
AA
30
AQR Arbitrage
Greenwich,
Connecticut
| – | -$178K | -11,912 | Closed |
|
|
RAM
31
Riggs Asset Management
Dallas,
Pennsylvania
| – | -$12K | -796 | Closed |
|
MPA Hedge Fund Activity: Q1 2021 in Review
27 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q1 2021, worth a combined $17.4M — down 11% from $19.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MPA and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Wells Fargo, adding an estimated $279K. The largest seller was Fiera Capital (Canada), cutting an estimated $938K.
- 27 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q1 2021, down from 29 in Q4 2020.
- Funds reported $17.4M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q1 2021, down 11% quarter-over-quarter.
- 2 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q1 2021 and 4 closed out, a net change of -2 holders.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q1 2021 was Wells Fargo, an estimated $279K added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q1 2021 was Fiera Capital (Canada), an estimated $938K sold.
Based on aggregated 13F filings for Q1 2021.