Invesco Pennsylvania Value Municipal Income Trust
VPV
44 hedge funds and large institutions have $24.7M invested in Invesco Pennsylvania Value Municipal Income Trust in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 7 closing their positions.
5% more capital invested
Capital invested by funds: $23.6M → $24.7M (+$1.13M)
0.13% more ownership
Funds ownership: 8.34% → 8.47% (+0.13%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
2% less funds holding
Funds holding: 45 → 44 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$2.56M |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$287K |
| 3 |
BWP
Bernardo Wealth Planning
Harleysville,
Pennsylvania
|
+$282K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$116K |
| 5 |
Morgan Stanley
New York
|
+$74.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$814K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$460K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$459K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$291K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$265K |
VPV Hedge Fund Activity: Q3 2020 in Review
44 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q3 2020, worth a combined $24.7M — up 4.8% from $23.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of VPV and 6 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 12 added.
The largest buyer was Mackay Shields LLC, adding an estimated $2.56M. The largest seller was Sit Investment Associates, cutting an estimated $814K.
- 44 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q3 2020, down from 45 in Q2 2020.
- Funds reported $24.7M of Invesco Pennsylvania Value Municipal Income Trust stock for Q3 2020, up 4.8% quarter-over-quarter.
- 6 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q3 2020 and 7 closed out, a net change of -1 holder.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q3 2020 was Mackay Shields LLC, an estimated $2.56M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q3 2020 was Sit Investment Associates, an estimated $814K sold.
Based on aggregated 13F filings for Q3 2020.