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BlackRock MuniYield Pennsylvania Quality Fund

24 hedge funds and large institutions have $8.97M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

40% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 5

9% more funds holding

Funds holding: 2224 (+2)

3% more capital invested

Capital invested by funds: $8.68M → $8.97M (+$291K)

0.53% more ownership

Funds ownership: 5.32%5.84% (+0.53%)

Holders
24
Holders Change
+2
Holders Change %
+9.09%
% of All Funds
0.78%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
7
Reduced
5
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$1.59M -$2.09K -158 -0.1%
Morgan Stanley
2
Morgan Stanley
New York
$1.08M +$252K +19,081 +31%
PWM
3
ParenteBeard Wealth Management
Pennsylvania
$1.02M +$5.51K +417 +0.5%
NPC
4
National Planning Corporation
California
$762K +$750K +56,800 New
SIA
5
Sit Investment Associates
Minnesota
$735K
PNC Financial Services Group
6
PNC Financial Services Group
Pennsylvania
$624K -$595K -45,081 -49%
LOM
7
Loeb Offshore Management
New York
$406K +$399K +30,248 New
Goldman Sachs
8
Goldman Sachs
New York
$383K +$376K +28,499 New
Wells Fargo
9
Wells Fargo
California
$336K +$87.5K +6,628 +36%
WSFS
10
Wilmington Savings Fund Society
Delaware
$309K +$19.4K +1,471 +7%
Bank of America
11
Bank of America
North Carolina
$269K +$10.9K +822 +4%
TFA
12
Transamerica Financial Advisors
Florida
$230K -$26.4K -2,002 -11%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$228K -$18.2K -1,375 -7%
RJA
14
Raymond James & Associates
Florida
$223K
CIA
15
Covington Investment Advisors
Pennsylvania
$161K
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$140K
KIM
17
Karpus Investment Management
New York
$139K +$137K +10,354 New
DA
18
Doliver Advisors
Texas
$138K -$436K -32,993 -76%
Barclays
19
Barclays
United Kingdom
$44K +$15.4K +1,165 +53%
U
20
UBS
Switzerland
$42K +$27K +2,043 +190%
MFS
21
MSI Financial Services
Massachusetts
$34K
1IC
22
1919 Investment Counsel
Maryland
$32K
Citigroup
23
Citigroup
New York
$29K +$28.3K +2,141 New
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$13K
BRWA
25
B. Riley Wealth Advisors
Florida
-$212K -14,923 Closed

MPA Hedge Fund Activity: Q3 2013 in Review

24 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q3 2013, worth a combined $8.97M — up 3.4% from $8.68M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new MPA positions and 3 closed out — a net gain of 2 holders — while 7 added to existing stakes and 5 trimmed.

The largest buyer was National Planning Corporation, opening a new position worth an estimated $750K. The largest seller was PNC Financial Services Group, cutting an estimated $595K.

  • 24 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q3 2013, up from 22 in Q2 2013.
  • Funds reported $8.97M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q3 2013, up 3.4% quarter-over-quarter.
  • 5 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q3 2013 and 3 closed out, a net change of +2 holders.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q3 2013 was National Planning Corporation, an estimated $750K added.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q3 2013 was PNC Financial Services Group, an estimated $595K sold.

Based on aggregated 13F filings for Q3 2013.