Invesco Pennsylvania Value Municipal Income Trust
VPV
49 hedge funds and large institutions have $31.1M invested in Invesco Pennsylvania Value Municipal Income Trust in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
26% more capital invested
Capital invested by funds: $24.7M → $31.1M (+$6.37M)
11% more funds holding
Funds holding: 44 → 49 (+5)
1.76% more ownership
Funds ownership: 8.47% → 10.23% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.46M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.04M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$624K |
| 4 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
+$441K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$375K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$419K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$332K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$282K |
| 4 |
BWP
Bernardo Wealth Planning
Harleysville,
Pennsylvania
|
-$275K |
| 5 |
GP
Girard Partners
King Of Prussia,
Pennsylvania
|
-$123K |
VPV Hedge Fund Activity: Q4 2020 in Review
49 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q4 2020, worth a combined $31.1M — up 26% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new VPV positions and 5 closed out — a net gain of 5 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $2.46M. The largest seller was Mackay Shields LLC, cutting an estimated $419K.
- 49 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q4 2020, up from 44 in Q3 2020.
- Funds reported $31.1M of Invesco Pennsylvania Value Municipal Income Trust stock for Q4 2020, up 26% quarter-over-quarter.
- 10 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q4 2020 and 5 closed out, a net change of +5 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q4 2020 was Saba Capital Management, an estimated $2.46M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q4 2020 was Mackay Shields LLC, an estimated $419K sold.
Based on aggregated 13F filings for Q4 2020.