Permanent Capital Management’s Invesco Trust Investment Grade Municipals VGM Stock Holding History

Permanent Capital Management’s Portfolio VGM Stock Details VGM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-14,059	Closed	-$142K	–	170
2025 Q3	$142K	Buy	+14,059	New	+$136K	0.03%	142
2025 Q1	$140K	Sell	14,029 -1,245	-8%	-$12.6K	0.04%	72
2024 Q4	$154K	Buy	+15,274	New	+$157K	0.05%	65
2024 Q2	$133K	Buy	+14,059	New	+$138K	0.03%	151

Other funds holding VGM

Guggenheim Capital Chicago, Illinois $15.9B AUM 53.4% 1-Year Est. Return

RCM

Robinson Capital Management Grosse Pointe Farms, Michigan $226M AUM 6.92% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

SIA

Sit Investment Associates Minneapolis, Minnesota $5.28B AUM 14.42% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

HWAM

Hennion & Walsh Asset Management Parsippany, New Jersey $3.5B AUM 41.95% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

Permanent Capital Management's VGM Position: Q4 2025 in Review

Permanent Capital Management sold out of Invesco Trust Investment Grade Municipals (VGM) in Q4 2025, closing a stake of 14,059 shares — an estimated $142K sold.

Permanent Capital Management first reported a position in VGM in Q2 2024 and held it in 4 quarters. The position peaked at $154K in Q4 2024. 102 funds tracked by Wall St. Rank hold VGM as of Q4 2025.

Permanent Capital Management reported no remaining Invesco Trust Investment Grade Municipals position as of Q4 2025 after selling out during the quarter.
Permanent Capital Management sold 14,059 Invesco Trust Investment Grade Municipals shares in Q4 2025, an estimated $142K.
Permanent Capital Management first reported a position in Invesco Trust Investment Grade Municipals in Q2 2024 and held it in 4 quarters.
Permanent Capital Management's Invesco Trust Investment Grade Municipals position peaked at $154K in Q4 2024.
102 funds tracked by Wall St. Rank held Invesco Trust Investment Grade Municipals as of Q4 2025.

Based on Permanent Capital Management's 13F filing for Q4 2025, filed 7 Jan 2026.