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BlackRock MuniYield Pennsylvania Quality Fund

29 hedge funds and large institutions have $19.5M invested in BlackRock MuniYield Pennsylvania Quality Fund in 2020 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 8

2% more capital invested

Capital invested by funds: $19.1M → $19.5M (+$341K)

0.54% less ownership

Funds ownership: 10.34%9.8% (-0.54%)

9% less funds holding

Funds holding: 3229 (-3)

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

Holders
29
Holders Change
-3
Holders Change %
-9.38%
% of All Funds
0.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
10
Reduced
8
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$2.94M +$390K +27,487 +16%
Bank of America
2
Bank of America
North Carolina
$2.78M +$86.6K +6,100 +3%
Fiera Capital (Canada)
3
Fiera Capital (Canada)
Quebec, Canada
$2.24M +$45.4K +3,198 +2%
Morgan Stanley
4
Morgan Stanley
New York
$1.88M +$162K +11,422 +10%
RJA
5
Raymond James & Associates
Florida
$1.45M +$518K +36,500 +60%
SCM
6
Saba Capital Management
New York
$905K -$1.54M -108,383 -64%
Osaic Holdings
7
Osaic Holdings
Arizona
$781K -$383K -26,988 -34%
SIA
8
Sit Investment Associates
Minnesota
$771K
LPL Financial
9
LPL Financial
California
$750K +$49.1K +3,459 +7%
AIP
10
Almanack Investment Partners
Pennsylvania
$660K +$628K +44,228 New
COLIM
11
City of London Investment Management
United Kingdom
$602K
RJFSA
12
Raymond James Financial Services Advisors
Florida
$525K -$69.6K -4,899 -12%
UBS Group
13
UBS Group
Switzerland
$417K -$103K -7,222 -21%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$386K +$11.6K +820 +3%
BOPW
15
Brandywine Oak Private Wealth
Pennsylvania
$372K -$10.9K -765 -3%
HSA
16
HBK Sorce Advisory
Pennsylvania
$299K -$42.5K -2,990 -13%
MIG
17
Mariner Investment Group
New York
$299K
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$262K +$76.8K +5,405 +44%
ST
19
Smithfield Trust
Pennsylvania
$234K
PNC Financial Services Group
20
PNC Financial Services Group
Pennsylvania
$215K +$49.7K +3,498 +32%
JCM
21
Jacobi Capital Management
Pennsylvania
$180K
AA
22
AQR Arbitrage
Connecticut
$178K -$66.6K -4,687 -28%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$164K -$9.94K -700 -6%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$92K +$31.1K +2,186 +54%
Northwestern Mutual Wealth Management
25
Northwestern Mutual Wealth Management
Wisconsin
$57K

MPA Hedge Fund Activity: Q4 2020 in Review

29 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniYield Pennsylvania Quality Fund (MPA) for Q4 2020, worth a combined $19.5M — up 1.8% from $19.1M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of MPA and 2 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 10 added.

The largest buyer was Almanack Investment Partners, opening a new position worth an estimated $628K. The largest seller was Saba Capital Management, cutting an estimated $1.54M.

  • 29 institutional investors held BlackRock MuniYield Pennsylvania Quality Fund (MPA) as of Q4 2020, down from 32 in Q3 2020.
  • Funds reported $19.5M of BlackRock MuniYield Pennsylvania Quality Fund stock for Q4 2020, up 1.8% quarter-over-quarter.
  • 2 funds opened new BlackRock MuniYield Pennsylvania Quality Fund positions in Q4 2020 and 5 closed out, a net change of -3 holders.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund buyer in Q4 2020 was Almanack Investment Partners, an estimated $628K added.
  • The largest BlackRock MuniYield Pennsylvania Quality Fund seller in Q4 2020 was Saba Capital Management, an estimated $1.54M sold.

Based on aggregated 13F filings for Q4 2020.