Invesco Pennsylvania Value Municipal Income Trust
VPV
46 hedge funds and large institutions have $39.4M invested in Invesco Pennsylvania Value Municipal Income Trust in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 6 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
7% more capital invested
Capital invested by funds: $36.9M → $39.4M (+$2.57M)
0.51% more ownership
Funds ownership: 11.86% → 12.37% (+0.51%)
2% less funds holding
Funds holding: 47 → 46 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.19M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$662K |
| 3 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$307K |
| 4 |
BOPW
Brandywine Oak Private Wealth
Kennett Square,
Pennsylvania
|
+$190K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$160K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.08M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$890K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$154K |
| 4 |
M&T Bank
Buffalo,
New York
|
-$141K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$122K |
VPV Hedge Fund Activity: Q2 2021 in Review
46 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q2 2021, worth a combined $39.4M — up 7% from $36.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of VPV and 5 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 19 added.
The largest buyer was Sit Investment Associates, adding an estimated $2.19M. The largest seller was Saba Capital Management, cutting an estimated $1.08M.
- 46 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q2 2021, down from 47 in Q1 2021.
- Funds reported $39.4M of Invesco Pennsylvania Value Municipal Income Trust stock for Q2 2021, up 7% quarter-over-quarter.
- 5 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q2 2021 and 6 closed out, a net change of -1 holder.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q2 2021 was Sit Investment Associates, an estimated $2.19M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q2 2021 was Saba Capital Management, an estimated $1.08M sold.
Based on aggregated 13F filings for Q2 2021.