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BlackRock MuniYield Pennsylvania Quality Fund

26 hedge funds and large institutions have $13.6M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.2% less ownership

Funds ownership: 7.41%7.2% (-0.2%)

3% less capital invested

Capital invested by funds: $14M → $13.6M (-$373K)

10% less funds holding

Funds holding: 2926 (-3)

33% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 9

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3

Holders
26
Holders Change
-3
Holders Change %
-10.34%
% of All Funds
0.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
6
Reduced
9
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fiera Capital (Canada)
1
Fiera Capital (Canada)
Quebec, Canada
$2.94M -$14.3K -1,003 -0.5%
Morgan Stanley
2
Morgan Stanley
New York
$1.32M +$395K +27,710 +42%
LPL Financial
3
LPL Financial
California
$1.28M -$37.8K -2,651 -3%
Bank of America
4
Bank of America
North Carolina
$1.14M +$3.09K +217 +0.3%
LTFS
5
Ladenburg Thalmann Financial Services
Florida
$1.03M +$1.02M +71,874 +7,267%
UBS Group
6
UBS Group
Switzerland
$865K
SBIA
7
Sheaff Brock Investment Advisors
Indiana
$763K
SIA
8
Sit Investment Associates
Minnesota
$731K
Wells Fargo
9
Wells Fargo
California
$572K +$17.9K +1,253 +3%
WSFS
10
Wilmington Savings Fund Society
Delaware
$353K
LCM
11
Laurion Capital Management
New York
$351K -$740K -51,931 -68%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$295K +$2.67K +187 +0.9%
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$286K -$57.7K -4,050 -17%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$250K -$23.6K -1,654 -9%
RJA
15
Raymond James & Associates
Florida
$244K -$89.8K -6,301 -27%
CRC
16
Curi RMB Capital
Illinois
$215K +$217K +15,226 New
LCM
17
Landscape Capital Management
New Jersey
$203K -$215K -15,097 -51%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$200K
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$175K +$14.3K +1,000 +9%
AG
20
Advisor Group
Arizona
$131K -$26.7K -1,876 -17%
JCM
21
Jacobi Capital Management
Pennsylvania
$61K
SFG
22
SevenBridge Financial Group
Pennsylvania
$50K
Manulife (Manufacturers Life Insurance)
23
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$46K -$13.7K -962 -23%
BKA
24
Brick & Kyle Associates
Pennsylvania
$46K
RAM
25
Riggs Asset Management
Pennsylvania
$34K

MPA Hedge Fund Activity: Q1 2017 in Review

26 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q1 2017, worth a combined $13.6M — down 2.7% from $14M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of MPA and 1 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 6 added.

The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $1.02M. The largest seller was Laurion Capital Management, cutting an estimated $740K.

  • 26 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q1 2017, down from 29 in Q4 2016.
  • Funds reported $13.6M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q1 2017, down 2.7% quarter-over-quarter.
  • 1 fund opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q1 2017 and 3 closed out, a net change of -2 holders.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q1 2017 was Ladenburg Thalmann Financial Services, an estimated $1.02M added.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q1 2017 was Laurion Capital Management, an estimated $740K sold.

Based on aggregated 13F filings for Q1 2017.