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Invesco Pennsylvania Value Municipal Income Trust

39 hedge funds and large institutions have $43.8M invested in Invesco Pennsylvania Value Municipal Income Trust in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $41.2M → $43.8M (+$2.63M)

0.94% more ownership

Funds ownership: 13.99%14.93% (+0.94%)

0% more funds holding

Funds holding: 3939 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

21% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 14

Holders
39
Holders Change
Holders Change %
0%
% of All Funds
0.97%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
11
Reduced
14
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$12.2M -$563K -45,146 -4%
MC
2
Matisse Capital
Oregon
$4.07M +$196K +15,700 +5%
SIA
3
Sit Investment Associates
Minnesota
$2.8M +$23.9K +1,918 +0.9%
Morgan Stanley
4
Morgan Stanley
New York
$2.8M -$48.8K -3,912 -2%
BI
5
Bulldog Investors
New Jersey
$2.24M +$2.16M +173,607 +1,992%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$2.14M +$102K +8,215 +5%
HighTower Advisors
7
HighTower Advisors
Illinois
$1.73M -$9.42K -756 -0.5%
RJA
8
Raymond James & Associates
Florida
$1.5M -$120K -9,599 -7%
LCM
9
Laurion Capital Management
New York
$1.35M +$1.37M +109,727 New
Bank of America
10
Bank of America
North Carolina
$1.14M -$166K -13,332 -13%
NCMW
11
Northern Capital Management (Wisconsin)
Wisconsin
$1.13M
Fiera Capital (Canada)
12
Fiera Capital (Canada)
Quebec, Canada
$1.12M +$113K +9,061 +11%
WAM
13
Wolverine Asset Management
Illinois
$1.04M +$167K +13,405 +19%
PNC Financial Services Group
14
PNC Financial Services Group
Pennsylvania
$1.02M -$113K -9,036 -10%
LCM
15
Landscape Capital Management
New Jersey
$971K -$63.3K -5,080 -6%
MIG
16
Mariner Investment Group
New York
$834K
WA
17
WealthTrust Axiom
Pennsylvania
$797K -$4.28K -343 -0.5%
HI
18
Hudock Inc
Pennsylvania
$586K -$49.8K -3,997 -8%
CRC
19
Curi RMB Capital
Illinois
$548K +$124K +9,966 +29%
BBA
20
BLB&B Advisors
Pennsylvania
$543K -$19.8K -1,590 -3%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$462K -$48.6K -3,900 -9%
Wells Fargo
22
Wells Fargo
California
$402K +$59.2K +4,750 +17%
NPC
23
National Planning Corporation
California
$345K
DA
24
Doliver Advisors
Texas
$319K +$120K +9,639 +59%
M&T Bank
25
M&T Bank
New York
$304K

VPV Hedge Fund Activity: Q3 2017 in Review

39 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q3 2017, worth a combined $43.8M — up 6.4% from $41.2M a quarter earlier.

Fund positioning in VPV was balanced in Q3 2017: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 14 trimmed.

The largest buyer was Bulldog Investors, adding an estimated $2.16M. The largest seller was Karpus Investment Management, cutting an estimated $563K.

  • 39 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q3 2017, unchanged from Q2 2017.
  • Funds reported $43.8M of Invesco Pennsylvania Value Municipal Income Trust stock for Q3 2017, up 6.4% quarter-over-quarter.
  • 3 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q3 2017 and 3 closed out, a net change of 0 holders.
  • The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q3 2017 was Bulldog Investors, an estimated $2.16M added.
  • The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q3 2017 was Karpus Investment Management, an estimated $563K sold.

Based on aggregated 13F filings for Q3 2017.