Invesco Value Municipal Income Trust
IIM
83 hedge funds and large institutions have $72.1M invested in Invesco Value Municipal Income Trust in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
2% more funds holding
Funds holding: 81 → 83 (+2)
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
0.46% less ownership
Funds ownership: 10.91% → 10.45% (-0.46%)
8% less capital invested
Capital invested by funds: $78M → $72.1M (-$5.92M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.52M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$709K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$695K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$324K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$2.99M |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$2.57M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.68M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.07M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$557K |
IIM Hedge Fund Activity: Q3 2019 in Review
83 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q3 2019, worth a combined $72.1M — down 7.6% from $78M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new IIM positions and 5 closed out — a net gain of 2 holders — while 23 added to existing stakes and 21 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $3.52M. The largest seller was Vivaldi Capital Management, cutting an estimated $2.99M.
- 83 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q3 2019, up from 81 in Q2 2019.
- Funds reported $72.1M of Invesco Value Municipal Income Trust stock for Q3 2019, down 7.6% quarter-over-quarter.
- 7 funds opened new Invesco Value Municipal Income Trust positions in Q3 2019 and 5 closed out, a net change of +2 holders.
- The largest Invesco Value Municipal Income Trust buyer in Q3 2019 was Rivernorth Capital Management, an estimated $3.52M added.
- The largest Invesco Value Municipal Income Trust seller in Q3 2019 was Vivaldi Capital Management, an estimated $2.99M sold.
Based on aggregated 13F filings for Q3 2019.