Invesco Pennsylvania Value Municipal Income Trust
VPV
46 hedge funds and large institutions have $22.1M invested in Invesco Pennsylvania Value Municipal Income Trust in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
15% more funds holding
Funds holding: 40 → 46 (+6)
0.03% more ownership
Funds ownership: 7.61% → 7.63% (+0.03%)
8% less capital invested
Capital invested by funds: $23.9M → $22.1M (-$1.85M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$623K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$562K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$389K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$339K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$1.36M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$434K |
| 3 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$358K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$358K |
| 5 |
DBRC
D.B. Root & Company
Pittsburgh,
Pennsylvania
|
-$140K |
VPV Hedge Fund Activity: Q1 2020 in Review
46 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q1 2020, worth a combined $22.1M — down 7.7% from $23.9M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new VPV positions and 5 closed out — a net gain of 8 holders — while 13 added to existing stakes and 11 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $623K. The largest seller was Mackay Shields LLC, cutting an estimated $1.36M.
- 46 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q1 2020, up from 40 in Q4 2019.
- Funds reported $22.1M of Invesco Pennsylvania Value Municipal Income Trust stock for Q1 2020, down 7.7% quarter-over-quarter.
- 13 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q1 2020 and 5 closed out, a net change of +8 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q1 2020 was Raymond James & Associates, an estimated $623K added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q1 2020 was Mackay Shields LLC, an estimated $1.36M sold.
Based on aggregated 13F filings for Q1 2020.