Invesco Pennsylvania Value Municipal Income Trust
VPV
45 hedge funds and large institutions have $43.1M invested in Invesco Pennsylvania Value Municipal Income Trust in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 10 closing their positions.
14% more capital invested
Capital invested by funds: $37.9M → $43.1M (+$5.22M)
1.85% more ownership
Funds ownership: 16.22% → 18.07% (+1.8%)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
13% less funds holding
Funds holding: 52 → 45 (-7)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.96M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
+$943K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$757K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$325K |
| 5 |
LPL Financial
San Diego,
California
|
+$243K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$369K |
| 2 |
KFI
Key Financial Inc
West Chester,
Pennsylvania
|
-$315K |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
-$248K |
| 4 |
VF
Virtu Financial
New York
|
-$186K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$182K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
STA
51
Summit Trail Advisors
New York
| – | -$101K | -10,314 | Closed |
|
|
AC
52
Almitas Capital
Santa Monica,
California
| – | -$84.6K | -8,633 | Closed |
|
|
ST
53
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$20K | -2,025 | Closed |
|
|
ZIG
54
Zullo Investment Group
Scranton,
Pennsylvania
| – | -$11.8K | -1,200 | Closed |
|
55
Fidelity Investments
Boston,
Massachusetts
| – | -$10 | -1 | Closed |
|
VPV Hedge Fund Activity: Q1 2023 in Review
45 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q1 2023, worth a combined $43.1M — up 14% from $37.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of VPV and 3 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 14 added.
The largest buyer was Saba Capital Management, adding an estimated $3.96M. The largest seller was Raymond James & Associates, cutting an estimated $369K.
- 45 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q1 2023, down from 52 in Q4 2022.
- Funds reported $43.1M of Invesco Pennsylvania Value Municipal Income Trust stock for Q1 2023, up 14% quarter-over-quarter.
- 3 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q1 2023 and 10 closed out, a net change of -7 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q1 2023 was Saba Capital Management, an estimated $3.96M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q1 2023 was Raymond James & Associates, an estimated $369K sold.
Based on aggregated 13F filings for Q1 2023.