Invesco Pennsylvania Value Municipal Income Trust
VPV
46 hedge funds and large institutions have $54.8M invested in Invesco Pennsylvania Value Municipal Income Trust in 2018 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 7 closing their positions.
14% more capital invested
Capital invested by funds: $47.9M → $54.8M (+$6.91M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2.87% more ownership
Funds ownership: 16.71% → 19.58% (+2.9%)
0% more funds holding
Funds holding: 46 → 46 (0)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.69M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.77M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$2.72M |
| 4 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$2.37M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.2M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.74M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.1M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$760K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$587K |
VPV Hedge Fund Activity: Q1 2018 in Review
46 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q1 2018, worth a combined $54.8M — up 14% from $47.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new VPV positions and 7 closed out — a net gain of 1 holder — while 13 added to existing stakes and 13 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $5.69M. The largest seller was Matisse Capital, cutting an estimated $2.2M.
- 46 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $54.8M of Invesco Pennsylvania Value Municipal Income Trust stock for Q1 2018, up 14% quarter-over-quarter.
- 8 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q1 2018 and 7 closed out, a net change of +1 holder.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q1 2018 was Sit Investment Associates, an estimated $5.69M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q1 2018 was Matisse Capital, an estimated $2.2M sold.
Based on aggregated 13F filings for Q1 2018.