Invesco Pennsylvania Value Municipal Income Trust
VPV
46 hedge funds and large institutions have $48.3M invested in Invesco Pennsylvania Value Municipal Income Trust in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
106% more capital inflows, than outflows
Capital inflows: $10M | Capital outflows: $4.82M
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
18% more funds holding
Funds holding: 39 → 46 (+7)
1.78% more ownership
Funds ownership: 14.93% → 16.71% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.16M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.07M |
| 3 |
Landscape Capital Management
Englewood,
New Jersey
|
+$541K |
| 4 |
Walleye Trading
New York
|
+$428K |
| 5 |
Advisor Group
Phoenix,
Arizona
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.42M |
| 2 |
Laurion Capital Management
New York
|
-$1.04M |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
-$650K |
| 4 |
National Planning Corporation
El Segundo,
California
|
-$345K |
| 5 |
Private Advisor Group
Morristown,
New Jersey
|
-$222K |
VPV Hedge Fund Activity: Q4 2017 in Review
46 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q4 2017, worth a combined $48.3M — up 10% from $43.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new VPV positions and 5 closed out — a net gain of 7 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $5.16M. The largest seller was Bulldog Investors, cutting an estimated $1.42M.
- 46 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q4 2017, up from 39 in Q3 2017.
- Funds reported $48.3M of Invesco Pennsylvania Value Municipal Income Trust stock for Q4 2017, up 10% quarter-over-quarter.
- 12 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q4 2017 and 5 closed out, a net change of +7 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q4 2017 was Sit Investment Associates, an estimated $5.16M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q4 2017 was Bulldog Investors, an estimated $1.42M sold.
Based on aggregated 13F filings for Q4 2017.