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BlackRock MuniYield Pennsylvania Quality Fund

27 hedge funds and large institutions have $11.7M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 5

0.17% less ownership

Funds ownership: 6.25%6.08% (-0.17%)

3% less capital invested

Capital invested by funds: $12M → $11.7M (-$374K)

4% less funds holding

Funds holding: 2827 (-1)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

Holders
27
Holders Change
-1
Holders Change %
-3.57%
% of All Funds
0.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
9
Reduced
5
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.38M -$39.3K -2,748 -3%
Fiera Capital (Canada)
2
Fiera Capital (Canada)
Quebec, Canada
$1.11M +$25.8K +1,806 +2%
Bank of America
3
Bank of America
North Carolina
$1.1M -$312K -21,844 -22%
LTFS
4
Ladenburg Thalmann Financial Services
Florida
$1.1M -$33.6K -2,350 -3%
Wells Fargo
5
Wells Fargo
California
$999K +$33.8K +2,366 +4%
UBS Group
6
UBS Group
Switzerland
$956K +$5.26K +368 +0.6%
SIA
7
Sit Investment Associates
Minnesota
$742K
SBIA
8
Sheaff Brock Investment Advisors
Indiana
$574K
LPL Financial
9
LPL Financial
California
$432K +$42.9K +3,000 +11%
RJA
10
Raymond James & Associates
Florida
$426K +$13.9K +975 +3%
WSFS
11
Wilmington Savings Fund Society
Delaware
$359K
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$350K -$14.3K -1,000 -4%
HSA
13
HBK Sorce Advisory
Pennsylvania
$344K +$343K +24,002 New
LCM
14
Landscape Capital Management
New Jersey
$336K +$155K +10,865 +87%
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$289K -$3.14K -220 -1%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$221K
CAG
17
Csenge Advisory Group
Florida
$188K
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$160K +$200 +14 +0.1%
DA
19
Doliver Advisors
Texas
$149K +$148K +10,363 New
AG
20
Advisor Group
Arizona
$133K
JCM
21
Jacobi Capital Management
Pennsylvania
$127K +$843 +59 +0.7%
Manulife (Manufacturers Life Insurance)
22
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$87K +$471 +33 +0.5%
SFG
23
SevenBridge Financial Group
Pennsylvania
$50K +$50K +3,500 New
RAM
24
Riggs Asset Management
Pennsylvania
$34K
Fifth Third Bancorp
25
Fifth Third Bancorp
Ohio
$11K

MPA Hedge Fund Activity: Q4 2017 in Review

27 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q4 2017, worth a combined $11.7M — down 3.1% from $12M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of MPA and 4 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 9 added.

The largest buyer was HBK Sorce Advisory, opening a new position worth an estimated $343K. The largest seller was Bank of America, cutting an estimated $312K.

  • 27 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q4 2017, down from 28 in Q3 2017.
  • Funds reported $11.7M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q4 2017, down 3.1% quarter-over-quarter.
  • 4 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q4 2017 and 5 closed out, a net change of -1 holder.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q4 2017 was HBK Sorce Advisory, an estimated $343K added.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q4 2017 was Bank of America, an estimated $312K sold.

Based on aggregated 13F filings for Q4 2017.