Invesco Pennsylvania Value Municipal Income Trust
VPV
33 hedge funds and large institutions have $38.1M invested in Invesco Pennsylvania Value Municipal Income Trust in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
16% more capital inflows, than outflows
Capital inflows: $12.4M | Capital outflows: $10.7M
0.58% more ownership
Funds ownership: 11.65% → 12.23% (+0.58%)
0% more funds holding
Funds holding: 33 → 33 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
+$6.64M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.07M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.62M |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$622K |
| 5 |
AQR Arbitrage
Greenwich,
Connecticut
|
+$361K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Curi RMB Capital
Chicago,
Illinois
|
-$5.83M |
| 2 |
Doliver Advisors
Houston,
Texas
|
-$1.44M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.14M |
| 4 |
Virtu KCG Holdings
New York
|
-$761K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$437K |
VPV Hedge Fund Activity: Q3 2015 in Review
33 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q3 2015, worth a combined $38.1M — up 7.7% from $35.4M a quarter earlier.
Fund positioning in VPV was balanced in Q3 2015: 5 funds opened new positions, 5 closed out, 12 added to existing stakes and 9 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $6.64M. The largest seller was Curi RMB Capital, cutting an estimated $5.83M.
- 33 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $38.1M of Invesco Pennsylvania Value Municipal Income Trust stock for Q3 2015, up 7.7% quarter-over-quarter.
- 5 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q3 2015 and 5 closed out, a net change of 0 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q3 2015 was Karpus Investment Management, an estimated $6.64M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q3 2015 was Curi RMB Capital, an estimated $5.83M sold.
Based on aggregated 13F filings for Q3 2015.