Invesco Pennsylvania Value Municipal Income Trust
VPV
28 hedge funds and large institutions have $15.5M invested in Invesco Pennsylvania Value Municipal Income Trust in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 2 reducing their positions, and 2 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 2
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
24% more capital invested
Capital invested by funds: $12.6M → $15.5M (+$2.98M)
17% more funds holding
Funds holding: 24 → 28 (+4)
1.12% more ownership
Funds ownership: 3.78% → 4.9% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$776K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$763K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$469K |
| 4 |
Morgan Stanley
New York
|
+$431K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$351K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WFG Advisors
Dallas,
Texas
|
-$39K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$15.7K |
| 3 |
BBA
BLB&B Advisors
Montgomeryville,
Pennsylvania
|
-$6.71K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
SEI Investments
Oaks,
Pennsylvania
| $10K | +$10.7K | +792 | New |
|
27
First Manhattan
New York
| $4K | – | – | – |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $4K | – | – | – |
|
|
WA
29
WFG Advisors
Dallas,
Texas
| – | -$39K | -2,774 | Closed |
|
|
30
Creative Planning
Overland Park,
Kansas
| – | -$2K | -129 | Closed |
|
VPV Hedge Fund Activity: Q1 2015 in Review
28 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q1 2015, worth a combined $15.5M — up 24% from $12.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new VPV positions and 2 closed out — a net gain of 4 holders — while 12 added to existing stakes and 2 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $776K. The largest seller was WFG Advisors, exiting entirely with an estimated $39K sold.
- 28 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q1 2015, up from 24 in Q4 2014.
- Funds reported $15.5M of Invesco Pennsylvania Value Municipal Income Trust stock for Q1 2015, up 24% quarter-over-quarter.
- 6 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q1 2015 and 2 closed out, a net change of +4 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q1 2015 was Curi RMB Capital, an estimated $776K added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q1 2015 was WFG Advisors, an estimated $39K sold.
Based on aggregated 13F filings for Q1 2015.