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BlackRock MuniYield Pennsylvania Quality Fund

30 hedge funds and large institutions have $16.4M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 7

11% more capital invested

Capital invested by funds: $14.7M → $16.4M (+$1.66M)

1.43% more ownership

Funds ownership: 8.21%9.64% (+1.4%)

14% less funds holding

Funds holding: 3530 (-5)

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
30
Holders Change
-5
Holders Change %
-14.29%
% of All Funds
0.69%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
11
Reduced
7
Closed
8
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
$3.31M +$940K +71,440 +38%
CRC
2
Curi RMB Capital
Illinois
$1.36M +$1.11M +84,332 +370%
Bank of America
3
Bank of America
North Carolina
$1.26M +$88.9K +6,753 +7%
LCM
4
Landscape Capital Management
New Jersey
$1.24M +$810K +61,566 +171%
Morgan Stanley
5
Morgan Stanley
New York
$1.18M -$1.82K -138 -0.1%
Wells Fargo
6
Wells Fargo
California
$1.13M -$48.9K -3,712 -4%
LTFS
7
Ladenburg Thalmann Financial Services
Florida
$1.03M +$50K +3,802 +5%
UBS Group
8
UBS Group
Switzerland
$1.01M +$80.7K +6,131 +8%
WAM
9
Wolverine Asset Management
Illinois
$702K +$726K +55,148 New
SIA
10
Sit Investment Associates
Minnesota
$659K
SBIA
11
Sheaff Brock Investment Advisors
Indiana
$510K
RJA
12
Raymond James & Associates
Florida
$510K +$30.3K +2,301 +6%
LPL Financial
13
LPL Financial
California
$408K -$36.8K -2,800 -8%
HSA
14
HBK Sorce Advisory
Pennsylvania
$344K +$39.5K +3,000 +12%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$329K -$26.1K -1,980 -7%
MIG
16
Mariner Investment Group
New York
$317K +$327K +24,860 New
WSFS
17
Wilmington Savings Fund Society
Delaware
$252K -$68.3K -5,190 -21%
AA
18
AQR Arbitrage
Connecticut
$219K +$50.7K +3,852 +29%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$192K
PNC Financial Services Group
20
PNC Financial Services Group
Pennsylvania
$108K -$92.6K -7,039 -45%
AG
21
Advisor Group
Arizona
$76K
KC
22
KHP Capital
Oklahoma
$67K
JCM
23
Jacobi Capital Management
Pennsylvania
$55K -$50.7K -3,853 -47%
SFG
24
SevenBridge Financial Group
Pennsylvania
$45K
RAM
25
Riggs Asset Management
Pennsylvania
$30K

MPA Hedge Fund Activity: Q3 2018 in Review

30 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q3 2018, worth a combined $16.4M — up 11% from $14.7M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of MPA and 3 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 11 added.

The largest buyer was Curi RMB Capital, adding an estimated $1.11M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $722K sold.

  • 30 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q3 2018, down from 35 in Q2 2018.
  • Funds reported $16.4M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q3 2018, up 11% quarter-over-quarter.
  • 3 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q3 2018 and 8 closed out, a net change of -5 holders.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q3 2018 was Curi RMB Capital, an estimated $1.11M added.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q3 2018 was Laurion Capital Management, an estimated $722K sold.

Based on aggregated 13F filings for Q3 2018.