Invesco Pennsylvania Value Municipal Income Trust
VPV
45 hedge funds and large institutions have $23.6M invested in Invesco Pennsylvania Value Municipal Income Trust in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 6 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
7% more capital invested
Capital invested by funds: $22.1M → $23.6M (+$1.54M)
0.71% more ownership
Funds ownership: 7.63% → 8.34% (+0.71%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
2% less funds holding
Funds holding: 46 → 45 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.06M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$732K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$514K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$351K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$1.46M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$368K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$100K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$95K |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$63K |
VPV Hedge Fund Activity: Q2 2020 in Review
45 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Invesco Pennsylvania Value Municipal Income Trust (VPV) for Q2 2020, worth a combined $23.6M — up 7% from $22.1M a quarter earlier.
Fund positioning in VPV was balanced in Q2 2020: 6 funds opened new positions, 6 closed out, 17 added to existing stakes and 9 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.06M. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $1.46M sold.
- 45 institutional investors held Invesco Pennsylvania Value Municipal Income Trust (VPV) as of Q2 2020, down from 46 in Q1 2020.
- Funds reported $23.6M of Invesco Pennsylvania Value Municipal Income Trust stock for Q2 2020, up 7% quarter-over-quarter.
- 6 funds opened new Invesco Pennsylvania Value Municipal Income Trust positions in Q2 2020 and 6 closed out, a net change of 0 holders.
- The largest Invesco Pennsylvania Value Municipal Income Trust buyer in Q2 2020 was Sit Investment Associates, an estimated $1.06M added.
- The largest Invesco Pennsylvania Value Municipal Income Trust seller in Q2 2020 was Kovitz Investment Group Partners, an estimated $1.46M sold.
Based on aggregated 13F filings for Q2 2020.