Invesco Pennsylvania Value Municipal Income Trust
VPV
52 hedge funds and large institutions have $37.9M invested in Invesco Pennsylvania Value Municipal Income Trust in 2022 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
29% more capital invested
Capital invested by funds: $29.3M → $37.9M (+$8.63M)
21% more funds holding
Funds holding: 43 → 52 (+9)
3.49% more ownership
Funds ownership: 12.73% → 16.22% (+3.5%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.78M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.11M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.12M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.03M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$2.03M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.41M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.05M |
| 4 |
BOPW
Brandywine Oak Private Wealth
Kennett Square,
Pennsylvania
|
-$295K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$218K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fidelity Investments
Boston,
Massachusetts
| $10 | +$10 | +1 | New |
|
|
NA
52
NewEdge Advisors
New Orleans,
Louisiana
| $4 | +$4.17K | +431 | New |
|
|
WAM
53
Wolverine Asset Management
Chicago,
Illinois
| – | -$218K | -22,648 | Closed |
|
|
CWS
54
Confluence Wealth Services
Mcmurray,
Pennsylvania
| – | -$182K | -18,882 | Closed |
|
|
MIG
55
Mariner Investment Group
Harrison,
New York
| – | -$181K | -18,703 | Closed |
|
|
QC
56
Quantedge Capital
Singapore
| – | -$128K | -13,210 | Closed |
|
|
LWMG
57
Levy Wealth Management Group
Philadelphia,
Pennsylvania
| – | -$101K | -10,455 | Closed |
|
|
XF
58
XML Financial
Bethesda,
Maryland
| – | -$98K | -10,152 | Closed |
|
|
HI
59
Hudock Inc
Williamsport,
Pennsylvania
| – | -$74K | -7,668 | Closed |
|
|
EIP
60
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | -$9K | -1,021 | Closed |
|
VPV Hedge Fund Activity: Q4 2022 in Review
52 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q4 2022, worth a combined $37.9M — up 29% from $29.3M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new VPV positions and 8 closed out — a net gain of 9 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $5.78M. The largest seller was Mackay Shields LLC, cutting an estimated $2.03M.
- 52 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q4 2022, up from 43 in Q3 2022.
- Funds reported $37.9M of Invesco Pennsylvania Value Municipal Income Trust stock for Q4 2022, up 29% quarter-over-quarter.
- 17 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q4 2022 and 8 closed out, a net change of +9 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q4 2022 was Saba Capital Management, an estimated $5.78M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q4 2022 was Mackay Shields LLC, an estimated $2.03M sold.
Based on aggregated 13F filings for Q4 2022.