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BlackRock MuniYield Pennsylvania Quality Fund

29 hedge funds and large institutions have $10.5M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

21% more funds holding

Funds holding: 2429 (+5)

17% more capital invested

Capital invested by funds: $8.97M → $10.5M (+$1.55M)

1.46% more ownership

Funds ownership: 5.84%7.3% (+1.5%)

0% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 7

Holders
29
Holders Change
+5
Holders Change %
+20.83%
% of All Funds
0.84%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
7
Reduced
7
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$1.64M +$68.4K +5,315 +4%
Morgan Stanley
2
Morgan Stanley
New York
$1.37M +$334K +25,972 +32%
DA
3
Doliver Advisors
Texas
$1.15M +$1.02M +79,368 +773%
NPC
4
National Planning Corporation
California
$718K -$10.3K -800 -1%
SIA
5
Sit Investment Associates
Minnesota
$701K
WAM
6
Wolverine Asset Management
Illinois
$691K +$695K +54,001 New
TC
7
TFS Capital
Pennsylvania
$581K +$583K +45,324 New
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$549K -$47.2K -3,670 -8%
PWM
9
ParenteBeard Wealth Management
Pennsylvania
$464K -$515K -40,062 -52%
Goldman Sachs
10
Goldman Sachs
New York
$374K +$8.49K +660 +2%
Bank of America
11
Bank of America
North Carolina
$297K +$41.2K +3,202 +16%
Wells Fargo
12
Wells Fargo
California
$296K -$24.6K -1,912 -8%
WSFS
13
Wilmington Savings Fund Society
Delaware
$294K
AQR Capital Management
14
AQR Capital Management
Connecticut
$243K +$244K +18,991 New
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$218K +$219K +16,987 New
VKH
16
Virtu KCG Holdings
New York
$206K +$207K +16,085 New
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$199K -$19K -1,476 -9%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$133K
SG Americas Securities
19
SG Americas Securities
New York
$127K +$128K +9,916 New
U
20
UBS
Switzerland
$57K +$17.7K +1,376 +44%
Barclays
21
Barclays
United Kingdom
$56K +$17K +1,323 +39%
TFA
22
Transamerica Financial Advisors
Florida
$48K -$171K -13,325 -78%
MFS
23
MSI Financial Services
Massachusetts
$33K
1IC
24
1919 Investment Counsel
Maryland
$31K
TRCT
25
Tower Research Capital (TRC)
New York
$29K +$29.2K +2,268 New

MPA Hedge Fund Activity: Q4 2013 in Review

29 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q4 2013, worth a combined $10.5M — up 17% from $8.97M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new MPA positions and 4 closed out — a net gain of 5 holders — while 7 added to existing stakes and 7 trimmed.

The largest buyer was Doliver Advisors, adding an estimated $1.02M. The largest seller was ParenteBeard Wealth Management, cutting an estimated $515K.

  • 29 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q4 2013, up from 24 in Q3 2013.
  • Funds reported $10.5M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q4 2013, up 17% quarter-over-quarter.
  • 9 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q4 2013 and 4 closed out, a net change of +5 holders.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q4 2013 was Doliver Advisors, an estimated $1.02M added.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q4 2013 was ParenteBeard Wealth Management, an estimated $515K sold.

Based on aggregated 13F filings for Q4 2013.