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Invesco Pennsylvania Value Municipal Income Trust

33 hedge funds and large institutions have $35.4M invested in Invesco Pennsylvania Value Municipal Income Trust in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 3

128% more capital invested

Capital invested by funds: $15.5M → $35.4M (+$19.8M)

117% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 6

18% more funds holding

Funds holding: 2833 (+5)

6.75% more ownership

Funds ownership: 4.9%11.65% (+6.7%)

Holders
33
Holders Change
+5
Holders Change %
+17.86%
% of All Funds
0.89%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
8
Increased
13
Reduced
6
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CRC
1
Curi RMB Capital
Illinois
$6.96M +$6.62M +517,622 +901%
KIM
2
Karpus Investment Management
New York
$5.8M +$6.14M +479,767 New
Morgan Stanley
3
Morgan Stanley
New York
$2.87M +$992K +77,509 +49%
DA
4
Doliver Advisors
Texas
$1.96M +$1.63M +127,629 +368%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$1.76M
SCA
6
Samson Capital Advisors
New York
$1.72M +$1.81M +141,767 New
PNC Financial Services Group
7
PNC Financial Services Group
Pennsylvania
$1.57M -$198K -15,458 -11%
Bank of America
8
Bank of America
North Carolina
$1.21M +$21.4K +1,672 +2%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$1.14M +$72.1K +5,636 +6%
RJA
10
Raymond James & Associates
Florida
$1.05M -$3.13K -245 -0.3%
HI
11
Hudock Inc
Pennsylvania
$923K +$14.2K +1,111 +1%
WAM
12
Wolverine Asset Management
Illinois
$921K +$253K +19,782 +35%
WA
13
WealthTrust Axiom
Pennsylvania
$891K -$18.8K -1,469 -2%
LCM
14
Landscape Capital Management
New Jersey
$821K +$675K +52,784 +351%
VKH
15
Virtu KCG Holdings
New York
$761K +$804K +62,855 New
Wells Fargo
16
Wells Fargo
California
$716K +$208K +16,270 +38%
BBA
17
BLB&B Advisors
Pennsylvania
$649K -$6.99K -546 -1%
TC
18
TFS Capital
Pennsylvania
$600K +$634K +49,581 New
SIA
19
Sit Investment Associates
Minnesota
$565K +$597K +46,697 New
CL
20
Choreo LLC
Illinois
$359K +$44.1K +3,445 +13%
NPC
21
National Planning Corporation
California
$343K
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$331K +$62.4K +4,881 +22%
M&T Bank
23
M&T Bank
New York
$329K
LPL Financial
24
LPL Financial
California
$273K -$59.8K -4,671 -17%
PAM
25
Panagora Asset Management
Massachusetts
$216K +$228K +17,848 New

VPV Hedge Fund Activity: Q2 2015 in Review

33 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q2 2015, worth a combined $35.4M — up 128% from $15.5M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new VPV positions and 3 closed out — a net gain of 5 holders — while 13 added to existing stakes and 6 trimmed.

The largest buyer was Curi RMB Capital, adding an estimated $6.62M. The largest seller was PNC Financial Services Group, cutting an estimated $198K.

  • 33 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q2 2015, up from 28 in Q1 2015.
  • Funds reported $35.4M of Invesco Pennsylvania Value Municipal Income Trust stock for Q2 2015, up 128% quarter-over-quarter.
  • 8 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q2 2015 and 3 closed out, a net change of +5 holders.
  • The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q2 2015 was Curi RMB Capital, an estimated $6.62M added.
  • The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q2 2015 was PNC Financial Services Group, an estimated $198K sold.

Based on aggregated 13F filings for Q2 2015.