Invesco Pennsylvania Value Municipal Income Trust
VPV
30 hedge funds and large institutions have $31.5M invested in Invesco Pennsylvania Value Municipal Income Trust in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 5 closing their positions.
0% more funds holding
Funds holding: 30 → 30 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
1.99% less ownership
Funds ownership: 11.1% → 9.11% (-2%)
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
78% less capital inflows, than outflows
Capital inflows: $1.89M | Capital outflows: $8.51M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Laurion Capital Management
New York
|
+$1.25M |
| 2 |
SevenBridge Financial Group
Harrisburg,
Pennsylvania
|
+$155K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$154K |
| 4 |
Doliver Advisors
Houston,
Texas
|
+$149K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$104K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
-$5.46M |
| 2 |
Morgan Stanley
New York
|
-$1.26M |
| 3 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$441K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$322K |
| 5 |
Wolverine Asset Management
Chicago,
Illinois
|
-$242K |
VPV Hedge Fund Activity: Q2 2016 in Review
30 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q2 2016, worth a combined $31.5M — down 12% from $35.8M a quarter earlier.
Fund positioning in VPV was balanced in Q2 2016: 5 funds opened new positions, 5 closed out, 5 added to existing stakes and 13 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.25M. The largest seller was Karpus Investment Management, cutting an estimated $5.46M.
- 30 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $31.5M of Invesco Pennsylvania Value Municipal Income Trust stock for Q2 2016, down 12% quarter-over-quarter.
- 5 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q2 2016 and 5 closed out, a net change of 0 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q2 2016 was Laurion Capital Management, an estimated $1.25M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q2 2016 was Karpus Investment Management, an estimated $5.46M sold.
Based on aggregated 13F filings for Q2 2016.