BlackRock MuniYield Pennsylvania Quality Fund
MPA
31 hedge funds and large institutions have $27.4M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 8 closing their positions.
33% more capital invested
Capital invested by funds: $20.5M → $27.4M (+$6.83M)
3.52% more ownership
Funds ownership: 13.99% → 17.51% (+3.5%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
14% less funds holding
Funds holding: 36 → 31 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.69M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
+$2.42M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.06M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$212K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$493K |
| 2 |
SM
SG3 Management
Dorado,
Puerto Rico
|
-$440K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$299K |
| 4 |
KFI
Key Financial Inc
West Chester,
Pennsylvania
|
-$275K |
| 5 |
Morgan Stanley
New York
|
-$261K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ST
26
Smithfield Trust
Pittsburgh,
Pennsylvania
| $98K | – | – | – |
|
|
LC
27
Lindbrook Capital
Calabasas,
California
| $52.8K | – | – | – |
|
|
CAL
28
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $21K | – | – | – |
|
|
SWM
29
Spire Wealth Management
Mclean,
Virginia
| $8.14K | +$46 | +4 | +0.6% |
|
30
JP Morgan Chase
New York
| $3K | -$45.6K | -3,986 | -94% |
|
|
FIA
31
FNY Investment Advisers
New York
| $2K | +$2.29K | +200 | New |
|
|
32
Citadel Advisors
Miami,
Florida
| – | -$493K | -44,768 | Closed |
|
|
SM
33
SG3 Management
Dorado,
Puerto Rico
| – | -$440K | -40,000 | Closed |
|
|
ACA
34
Ackerman Capital Advisors
Dallas,
Texas
| – | -$258K | -23,438 | Closed |
|
|
KFI
35
Key Financial Inc
West Chester,
Pennsylvania
| – | -$275K | -23,205 | Closed |
|
|
OFG
36
OTA Financial Group
Purchase,
New York
| – | -$252K | -22,932 | Closed |
|
|
COLIM
37
City of London Investment Management
London,
United Kingdom
| – | -$156K | -14,146 | Closed |
|
|
VF
38
Virtu Financial
New York
| – | -$127K | -11,546 | Closed |
|
39
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$52.4K | -4,757 | Closed |
|
MPA Hedge Fund Activity: Q1 2023 in Review
31 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q1 2023, worth a combined $27.4M — up 33% from $20.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MPA and 3 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 11 added.
The largest buyer was Saba Capital Management, adding an estimated $3.69M. The largest seller was Citadel Advisors, exiting entirely with an estimated $493K sold.
- 31 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q1 2023, down from 36 in Q4 2022.
- Funds reported $27.4M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q1 2023, up 33% quarter-over-quarter.
- 3 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q1 2023 and 8 closed out, a net change of -5 holders.
- The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q1 2023 was Saba Capital Management, an estimated $3.69M added.
- The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q1 2023 was Citadel Advisors, an estimated $493K sold.
Based on aggregated 13F filings for Q1 2023.