Invesco Pennsylvania Value Municipal Income Trust
VPV
39 hedge funds and large institutions have $43.8M invested in Invesco Pennsylvania Value Municipal Income Trust in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 3 closing their positions.
6% more capital invested
Capital invested by funds: $41.2M → $43.8M (+$2.63M)
0.94% more ownership
Funds ownership: 13.99% → 14.93% (+0.94%)
0% more funds holding
Funds holding: 39 → 39 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.16M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$1.37M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$196K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$167K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$148K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$563K |
| 2 |
SFG
SevenBridge Financial Group
Harrisburg,
Pennsylvania
|
-$287K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$166K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$120K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$113K |
VPV Hedge Fund Activity: Q3 2017 in Review
39 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q3 2017, worth a combined $43.8M — up 6.4% from $41.2M a quarter earlier.
Fund positioning in VPV was balanced in Q3 2017: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 14 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $2.16M. The largest seller was Karpus Investment Management, cutting an estimated $563K.
- 39 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $43.8M of Invesco Pennsylvania Value Municipal Income Trust stock for Q3 2017, up 6.4% quarter-over-quarter.
- 3 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q3 2017 and 3 closed out, a net change of 0 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q3 2017 was Bulldog Investors, an estimated $2.16M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q3 2017 was Karpus Investment Management, an estimated $563K sold.
Based on aggregated 13F filings for Q3 2017.