Invesco Pennsylvania Value Municipal Income Trust
VPV
40 hedge funds and large institutions have $23.9M invested in Invesco Pennsylvania Value Municipal Income Trust in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
8% more funds holding
Funds holding: 37 → 40 (+3)
0.16% less ownership
Funds ownership: 7.76% → 7.61% (-0.16%)
1% less capital invested
Capital invested by funds: $24.1M → $23.9M (-$232K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$138K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$115K |
| 3 |
LPL Financial
San Diego,
California
|
+$110K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$57.5K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$39.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$879K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$62.5K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$58.4K |
| 4 |
RFA
Reilly Financial Advisors
La Mesa,
California
|
-$50K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$34.4K |
VPV Hedge Fund Activity: Q4 2019 in Review
40 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q4 2019, worth a combined $23.9M — down 0.96% from $24.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new VPV positions and 4 closed out — a net gain of 3 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $138K. The largest seller was Sit Investment Associates, cutting an estimated $879K.
- 40 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q4 2019, up from 37 in Q3 2019.
- Funds reported $23.9M of Invesco Pennsylvania Value Municipal Income Trust stock for Q4 2019, down 0.96% quarter-over-quarter.
- 7 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q4 2019 and 4 closed out, a net change of +3 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q4 2019 was Morgan Stanley, an estimated $138K added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q4 2019 was Sit Investment Associates, an estimated $879K sold.
Based on aggregated 13F filings for Q4 2019.