INVESCO PA VALUE MUN INC TR VPV
COM · Closed-End Fund · CUSIP 46132K109
48
institutional holders
+2 vs Q1 2023
4.9m
shares reported held*
$48.1mreported value*
6 new
17 added
14 reduced
4 sold out
net bought ≈ $5.6m (+572.6k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $9.87.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 43 |
| Q4 2022 | 53 |
| Q1 2023 | 46 |
| Q2 2023 | 48 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 31 | 23 |
| Q1 2023 | 17 | 28 |
| Q2 2023 | 23 | 18 |
Biggest buyers
| Saba Capital Management, L.P. | Added | +335.0k |
| SIT INVESTMENT ASSOCIATES INC | Added | +133.9k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | New | +72.5k |
| Fiera Capital Corp | Added | +45.2k |
| AFFINITY WEALTH MANAGEMENT LLC | New | +21.7k |
| AQR Arbitrage LLC | Added | +19.1k |
| Bank of New York Mellon Corp | New | +18.6k |
| STIFEL FINANCIAL CORP | Added | +12.8k |
| JOURNEY STRATEGIC WEALTH LLC | Added | +10.1k |
| Logan Stone Capital, LLC | Added | +9.8k |
Biggest sellers
| UBS Group AG | Reduced | -49.7k |
| PNC Financial Services Group, Inc. | Reduced | -20.4k |
| OSAIC HOLDINGS, INC. | Reduced | -15.1k |
| RAYMOND JAMES & ASSOCIATES | Reduced | -14.7k |
| Cambridge Investment Research Advisors, Inc. | Sold out | -10.1k |
| BLB&B Advisors, LLC | Reduced | -8.8k |
| MacKay Shields LLC | Reduced | -5.3k |
| FIRST TRUST ADVISORS LP | Reduced | -3.1k |
| Janney Montgomery Scott LLC | Reduced | -2.9k |
| BRANDYWINE OAK PRIVATE WEALTH LLC | Reduced | -1.7k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BANK OF AMERICA CORP /DE/ 13D · may seek influence filed 2025-09-09 | 100.0% |
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 0.36% of their portfolio | 1.4m $13.9m | Added +133.9k |
| Saba Capital Management, L.P. 0.43% of their portfolio | 1.3m $13.1m | Added +335.0k |
| Fiera Capital Corp 0.01% of their portfolio | 358.3k $3.5m | Added +45.2k |
| MORGAN STANLEY 0.00% of their portfolio | 196.2k $1.9m | Added +742 |
| Logan Stone Capital, LLC 0.50% of their portfolio | 149.4k $1.5m | Added +9.8k |
| Woodline Partners LP 0.02% of their portfolio | 146.9k $1.4m | Reduced -1.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 120.9k $1.2m | Reduced -1.2k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 110.1k $1.1m | Reduced -14.7k |
| AQR Arbitrage LLC 0.04% of their portfolio | 87.6k $864.1k | Added +19.1k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 72.5k $711.3k | New |
| UBS Group AG 0.00% of their portfolio | 65.1k $641.7k | Reduced -49.7k |
| Matisse Capital 0.37% of their portfolio | 60.6k $597.0k | Unchanged |
| MacKay Shields LLC 0.02% of their portfolio | 60.5k $596.3k | Reduced -5.3k |
| LPL Financial LLC 0.00% of their portfolio | 57.6k $567.9k | Added +6.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 49.2k $485.0k | Added +4.8k |
| Hennion & Walsh Asset Management, Inc. 0.03% of their portfolio | 47.3k $466.0k | Added +8.1k |
| WealthTrust Axiom LLC 0.15% of their portfolio | 45.0k $444.1k | Added +11 |
| BLB&B Advisors, LLC 0.03% of their portfolio | 39.2k $386.5k | Reduced -8.8k |
| Veritable, L.P. 0.01% of their portfolio | 38.8k $382.5k | Added +267 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 36.5k $360.0k | Reduced -2.9k |
| Karpus Management, Inc. 0.01% of their portfolio | 32.2k $317.1k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 31.7k $312.9k | Reduced -999 |
| BRANDYWINE OAK PRIVATE WEALTH LLC 0.03% of their portfolio | 28.8k $284.1k | Reduced -1.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 28.3k $279.1k | Added +12.8k |
| JOURNEY STRATEGIC WEALTH LLC 0.01% of their portfolio | 26.7k $263.0k | Added +10.1k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 24.9k $245.6k | Reduced -20.4k |
| Almanack Investment Partners, LLC. 0.04% of their portfolio | 21.9k $215.9k | Unchanged |
| AFFINITY WEALTH MANAGEMENT LLC 0.05% of their portfolio | 21.7k $213.5k | New |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 21.5k $250.5k | Added +606 |
| M&T Bank Corp 0.00% of their portfolio | 19.4k $191.6k | Reduced -363 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 18.7k $184.8k | Added +4.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 18.6k $183.1k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 18.2k $178.9k | Reduced -15.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 13.9k $137.4k | Added +500 |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 13.9k $137.0k | Unchanged |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 12.7k $125.7k | Added +44 |
| Kercheville Advisors, LLC 0.07% of their portfolio | 11.0k $108.5k | Unchanged |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 10.1k $99.1k | Reduced -3.1k |
| Grant Street Asset Management, Inc. 0.04% of their portfolio | 10.0k $98.6k | Unchanged |
| TD Capital Management LLC 0.01% of their portfolio | 4.8k $47.5k | New |
| True Wealth Design, LLC 0.01% of their portfolio | 3.3k $32.1k | New |
| Founders Capital Management 0.02% of their portfolio | 3.0k $29.6k | Unchanged |
| UMB Bank, n.a. 0.00% of their portfolio | 1.6k $16.2k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 431 $4.3k | Unchanged |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 350 $3.5k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 338 $3.3k | Reduced -737 |
| DIVIDEND ASSETS CAPITAL, LLC 0.00% of their portfolio | 100 $1.0k | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |