Invesco Pennsylvania Value Municipal Income Trust
VPV
48 hedge funds and large institutions have $52M invested in Invesco Pennsylvania Value Municipal Income Trust in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
8% more capital invested
Capital invested by funds: $48.1M → $52M (+$3.84M)
3.88% more ownership
Funds ownership: 20.47% → 24.35% (+3.9%)
2% more funds holding
Funds holding: 47 → 48 (+1)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.58M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$561K |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$538K |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
+$494K |
| 5 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$376K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$246K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$229K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$198K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$138K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$126K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAN
51
Cetera Advisor Networks
El Segundo,
California
| – | -$126K | -12,749 | Closed |
|
52
First Trust Advisors
Wheaton,
Illinois
| – | -$99.1K | -10,054 | Closed |
|
|
TCM
53
TD Capital Management
Memphis,
Tennessee
| – | -$47.5K | -4,815 | Closed |
|
|
NA
54
NewEdge Advisors
New Orleans,
Louisiana
| – | -$4.25K | -431 | Closed |
|
55
First Manhattan
New York
| – | -$3.45K | -350 | Closed |
|
|
DAC
56
Dividend Assets Capital
Ridgeland,
South Carolina
| – | -$1K | -100 | Closed |
|
VPV Hedge Fund Activity: Q3 2023 in Review
48 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q3 2023, worth a combined $52M — up 8% from $48.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new VPV positions and 8 closed out — a net gain of 1 holder — while 13 added to existing stakes and 17 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $7.58M. The largest seller was PNC Financial Services Group, exiting entirely with an estimated $246K sold.
- 48 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q3 2023, up from 47 in Q2 2023.
- Funds reported $52M of Invesco Pennsylvania Value Municipal Income Trust stock for Q3 2023, up 8% quarter-over-quarter.
- 9 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q3 2023 and 8 closed out, a net change of +1 holder.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q3 2023 was Saba Capital Management, an estimated $7.58M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q3 2023 was PNC Financial Services Group, an estimated $246K sold.
Based on aggregated 13F filings for Q3 2023.