Invesco Pennsylvania Value Municipal Income Trust
VPV
50 hedge funds and large institutions have $56.2M invested in Invesco Pennsylvania Value Municipal Income Trust in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
9% more funds holding
Funds holding: 46 → 50 (+4)
3% more capital invested
Capital invested by funds: $54.8M → $56.2M (+$1.39M)
0.1% more ownership
Funds ownership: 19.58% → 19.68% (+0.1%)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.74M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.31M |
| 3 |
NCMW
Northern Capital Management (Wisconsin)
Madison,
Wisconsin
|
+$1.16M |
| 4 |
Walleye Trading
New York
|
+$396K |
| 5 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$294K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.64M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.22M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.15M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$581K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$518K |
VPV Hedge Fund Activity: Q2 2018 in Review
50 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q2 2018, worth a combined $56.2M — up 2.5% from $54.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new VPV positions and 3 closed out — a net gain of 4 holders — while 12 added to existing stakes and 17 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $3.74M. The largest seller was Laurion Capital Management, cutting an estimated $2.64M.
- 50 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q2 2018, up from 46 in Q1 2018.
- Funds reported $56.2M of Invesco Pennsylvania Value Municipal Income Trust stock for Q2 2018, up 2.5% quarter-over-quarter.
- 7 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q2 2018 and 3 closed out, a net change of +4 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q2 2018 was Sit Investment Associates, an estimated $3.74M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q2 2018 was Laurion Capital Management, an estimated $2.64M sold.
Based on aggregated 13F filings for Q2 2018.