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BlackRock MuniYield Pennsylvania Quality Fund

28 hedge funds and large institutions have $16.4M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more capital invested

Capital invested by funds: $14.2M → $16.4M (+$2.22M)

13% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 8

0.57% more ownership

Funds ownership: 7.85%8.42% (+0.57%)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

3% less funds holding

Funds holding: 2928 (-1)

Holders
28
Holders Change
-1
Holders Change %
-3.45%
% of All Funds
0.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
9
Reduced
8
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$3.18M +$1.43M +102,085 +90%
Fiera Capital (Canada)
2
Fiera Capital (Canada)
Quebec, Canada
$2.37M +$2.28M +163,087 New
Morgan Stanley
3
Morgan Stanley
New York
$1.88M -$292K -20,862 -14%
Bank of America
4
Bank of America
North Carolina
$1.05M +$264K +18,903 +35%
NPC
5
National Planning Corporation
California
$1.03M +$949K +67,825 New
UBS Group
6
UBS Group
Switzerland
$912K +$76.1K +5,445 +10%
PNC Financial Services Group
7
PNC Financial Services Group
Pennsylvania
$768K +$37.1K +2,650 +5%
SIA
8
Sit Investment Associates
Minnesota
$752K
DW
9
Domani Wealth
Pennsylvania
$574K +$6.22K +445 +1%
WAM
10
Wolverine Asset Management
Illinois
$468K -$567K -40,510 -56%
Wells Fargo
11
Wells Fargo
California
$466K -$98 -7 -0%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$421K -$65.9K -4,709 -14%
WSFS
13
Wilmington Savings Fund Society
Delaware
$364K -$26.1K -1,863 -7%
RJA
14
Raymond James & Associates
Florida
$360K -$4.38K -313 -1%
LCM
15
Landscape Capital Management
New Jersey
$352K -$236K -16,847 -41%
HighTower Advisors
16
HighTower Advisors
Illinois
$284K
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$280K +$24K +1,714 +10%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$279K +$98 +7 +0%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$229K +$30.4K +2,172 +16%
SBIA
20
Sheaff Brock Investment Advisors
Indiana
$215K +$207K +14,800 New
MFS
21
MSI Financial Services
Massachusetts
$82K +$406 +29 +0.5%
RAM
22
Riggs Asset Management
Pennsylvania
$35K
TFA
23
Transamerica Financial Advisors
Florida
$24K -$30.7K -2,193 -57%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$24K
US Bancorp
25
US Bancorp
Minnesota
$20K

MPA Hedge Fund Activity: Q4 2015 in Review

28 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q4 2015, worth a combined $16.4M — up 16% from $14.2M a quarter earlier.

Fund positioning in MPA was balanced in Q4 2015: 5 funds opened new positions, 5 closed out, 9 added to existing stakes and 8 trimmed.

The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $2.28M. The largest seller was Wolverine Asset Management, cutting an estimated $567K.

  • 28 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q4 2015, down from 29 in Q3 2015.
  • Funds reported $16.4M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q4 2015, up 16% quarter-over-quarter.
  • 5 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q4 2015 and 5 closed out, a net change of 0 holders.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q4 2015 was Fiera Capital (Canada), an estimated $2.28M added.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q4 2015 was Wolverine Asset Management, an estimated $567K sold.

Based on aggregated 13F filings for Q4 2015.