Invesco Pennsylvania Value Municipal Income Trust
VPV
35 hedge funds and large institutions have $27.7M invested in Invesco Pennsylvania Value Municipal Income Trust in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 5 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
2.32% less ownership
Funds ownership: 11.44% → 9.12% (-2.3%)
5% less funds holding
Funds holding: 37 → 35 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
80% less capital inflows, than outflows
Capital inflows: $1.7M | Capital outflows: $8.64M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
+$916K |
| 2 |
Golden State Wealth Management
Santa Ana,
California
|
+$353K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$178K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$75.9K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$65.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.71M |
| 2 |
Karpus Investment Management
Pittsford,
New York
|
-$2.37M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.37M |
| 4 |
City of London Investment Management
London,
United Kingdom
|
-$382K |
| 5 |
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$375K |
VPV Hedge Fund Activity: Q2 2019 in Review
35 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q2 2019, worth a combined $27.7M — down 18% from $34M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of VPV and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Raymond James & Associates, adding an estimated $916K. The largest seller was Sit Investment Associates, cutting an estimated $3.71M.
- 35 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q2 2019, down from 37 in Q1 2019.
- Funds reported $27.7M of Invesco Pennsylvania Value Municipal Income Trust stock for Q2 2019, down 18% quarter-over-quarter.
- 3 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q2 2019 and 5 closed out, a net change of -2 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q2 2019 was Raymond James & Associates, an estimated $916K added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q2 2019 was Sit Investment Associates, an estimated $3.71M sold.
Based on aggregated 13F filings for Q2 2019.