We are live on ! Find out more
IIM icon

Invesco Value Municipal Income Trust
IIM

60 hedge funds and large institutions have $50.4M invested in Invesco Value Municipal Income Trust in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 5

12% more capital invested

Capital invested by funds: $45.1M → $50.4M (+$5.33M)

12% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 17

0.73% more ownership

Funds ownership: 5.55% → 6.28% (+0.73%)

0% more funds holding

Funds holding: 60 → 60 (0)

Holders
60
Holders Change
–
Holders Change %
0%
% of All Funds
1.74%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
19
Reduced
17
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$9.05M
2
CA
Cetera Advisors
Colorado
+$281K
3
LPL Financial
LPL Financial
California
+$181K
4
RJA
Raymond James & Associates
Florida
+$180K
5
Morgan Stanley
Morgan Stanley
New York
+$125K

Top Sellers

Rank Fund Capital Flow
1
AAM
Advisors Asset Management
Colorado
-$2.14M
2
VKH
Virtu KCG Holdings
New York
-$884K
3
TC
TFS Capital
Pennsylvania
-$602K
4
PPA
Parametric Portfolio Associates
Washington
-$321K
5
GCM
Gruss Capital Management
New York
-$283K
Name Holding Trade Value Shares
Change 		Change in
Stake
B
26
Baird
Wisconsin
$388K +$16.9K +1,135 +5%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$363K -$38.3K -2,580 -10%
RJFSA
28
Raymond James Financial Services Advisors
Florida
$345K -$5.42K -365 -2%
CCM
29
Coldstream Capital Management
Washington
$338K – – –
Stifel Financial
30
Stifel Financial
Missouri
$286K +$14.8K +1,000 +6%
HK
31
Horizon Kinetics
New York
$280K -$124K -8,320 -31%
BCMIO
32
Beacon Capital Management Inc (Ohio)
Ohio
$279K +$48.3K +3,250 +21%
MFS
33
MSI Financial Services
Massachusetts
$277K +$44.9K +3,022 +20%
CIBC Private Wealth Group
34
CIBC Private Wealth Group
Georgia
$273K – – –
ASN
35
Advisory Services Network
Georgia
$251K -$238K -16,050 -49%
OFG
36
OTA Financial Group
New York
$251K +$249K +16,788 New
CCM
37
Catawba Capital Management
Virginia
$249K – – –
LCM
38
Landscape Capital Management
New Jersey
$246K -$117K -7,899 -33%
Northwestern Mutual Wealth Management
39
Northwestern Mutual Wealth Management
Wisconsin
$192K +$18.8K +1,263 +11%
UCFA
40
United Capital Financial Advisors
Texas
$187K -$132K -8,870 -42%
VKH
41
Virtu KCG Holdings
New York
$178K -$884K -59,542 -84%
LTFS
42
Ladenburg Thalmann Financial Services
Florida
$178K -$3.89K -262 -2%
LYV
43
Live Your Vision
Pennsylvania
$157K -$39.8K -2,681 -21%
CAM
44
Columbia Asset Management
Michigan
$152K – – –
US Bancorp
45
US Bancorp
Minnesota
$146K – – –
AIG
46
American International Group
New York
$109K – – –
Creative Planning
47
Creative Planning
Kansas
$67K – – –
HCM
48
Highlander Capital Management
New Jersey
$43.1K – – –
First Manhattan
49
First Manhattan
New York
$35K – – –
WA
50
WFG Advisors
Texas
$35K – – –
1
2
3

IIM Hedge Fund Activity: Q3 2014 in Review

60 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q3 2014, worth a combined $50.4M — up 12% from $45.1M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new IIM positions and 5 closed out — a net gain of 1 holder — while 19 added to existing stakes and 17 trimmed.

The largest buyer was Cambridge Investment Research Advisors, adding an estimated $9.05M. The largest seller was Advisors Asset Management, cutting an estimated $2.14M.

  • 60 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q3 2014, unchanged from Q2 2014.
  • Funds reported $50.4M of Invesco Value Municipal Income Trust stock for Q3 2014, up 12% quarter-over-quarter.
  • 6 funds opened new Invesco Value Municipal Income Trust positions in Q3 2014 and 5 closed out, a net change of +1 holder.
  • The largest Invesco Value Municipal Income Trust buyer in Q3 2014 was Cambridge Investment Research Advisors, an estimated $9.05M added.
  • The largest Invesco Value Municipal Income Trust seller in Q3 2014 was Advisors Asset Management, an estimated $2.14M sold.

Based on aggregated 13F filings for Q3 2014.