Invesco Pennsylvania Value Municipal Income Trust
VPV
30 hedge funds and large institutions have $12.1M invested in Invesco Pennsylvania Value Municipal Income Trust in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
15% more capital invested
Capital invested by funds: $10.5M → $12.1M (+$1.55M)
7% more funds holding
Funds holding: 28 → 30 (+2)
0.61% more ownership
Funds ownership: 3.29% → 3.89% (+0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$493K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$381K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$320K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$204K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$50.8K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$41.1K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$38.5K |
| 4 |
1IC
1919 Investment Counsel
Baltimore,
Maryland
|
-$18.4K |
| 5 |
PFSC
Peoples Financial Services Corp
Moosic,
Pennsylvania
|
-$14K |
VPV Hedge Fund Activity: Q3 2014 in Review
30 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q3 2014, worth a combined $12.1M — up 15% from $10.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new VPV positions and 2 closed out — a net gain of 2 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $493K. The largest seller was LPL Financial, cutting an estimated $50.8K.
- 30 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q3 2014, up from 28 in Q2 2014.
- Funds reported $12.1M of Invesco Pennsylvania Value Municipal Income Trust stock for Q3 2014, up 15% quarter-over-quarter.
- 4 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q3 2014 and 2 closed out, a net change of +2 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q3 2014 was Morgan Stanley, an estimated $493K added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q3 2014 was LPL Financial, an estimated $50.8K sold.
Based on aggregated 13F filings for Q3 2014.