We are live on ! Find out more
IIM icon

Invesco Value Municipal Income Trust
IIM

84 hedge funds and large institutions have $109M invested in Invesco Value Municipal Income Trust in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.75% less ownership

Funds ownership: 14.3% → 13.55% (-0.75%)

1% less capital invested

Capital invested by funds: $110M → $109M (-$1.1M)

5% less funds holding

Funds holding: 88 → 84 (-4)

12% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 26

15% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 13

Holders
84
Holders Change
-4
Holders Change %
-4.55%
% of All Funds
1.29%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
23
Reduced
26
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
HWAM
Hennion & Walsh Asset Management
New Jersey
+$5M
2
GC
Guggenheim Capital
Illinois
+$1.38M
3
UBS Group
UBS Group
Switzerland
+$465K
4
NA
NewEdge Advisors
Louisiana
+$447K
5
First Trust Advisors
First Trust Advisors
Illinois
+$371K

Top Sellers

Rank Fund Capital Flow
1
PPA
Parametric Portfolio Associates
Washington
-$4.17M
2
Citadel Advisors
Citadel Advisors
Florida
-$3.92M
3
SIA
Sit Investment Associates
Minnesota
-$1.25M
4
DFG
Delphi Financial Group
Delaware
-$738K
5
RCM
Rivernorth Capital Management
Florida
-$668K
Name Holding Trade Value Shares
Change 		Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$715K +$44.6K +2,714 +7%
KA
27
Kovack Advisors
Florida
$639K -$252K -15,341 -29%
HKAM
28
Horizon Kinetics Asset Management
New York
$615K -$1.45K -88 -0.2%
WWMSC
29
Wagner Wealth Management (South Carolina)
South Carolina
$611K +$2.41K +147 +0.4%
AF
30
Advisornet Financial
Minnesota
$474K +$65.7K +4,000 +17%
NA
31
NewEdge Advisors
Louisiana
$464K +$447K +27,202 New
PNC Financial Services Group
32
PNC Financial Services Group
Pennsylvania
$456K – – –
LWP
33
Legacy Wealth Planning
Nevada
$453K -$2.46K -150 -0.6%
CNBTD
34
Citizens National Bank Trust Department
Mississippi
$435K -$75.5K -4,600 -15%
KAS
35
Kestra Advisory Services
Texas
$424K -$55.8K -3,398 -12%
Ameriprise
36
Ameriprise
Minnesota
$405K -$538K -32,795 -58%
Cambridge Investment Research Advisors
37
Cambridge Investment Research Advisors
Iowa
$381K -$10.9K -662 -3%
Cohen & Steers
38
Cohen & Steers
New York
$364K – – –
BS
39
Boenning & Scattergood
Pennsylvania
$355K – – –
Koshinski Asset Management
40
Koshinski Asset Management
Illinois
$346K +$1.48K +90 +0.4%
WS
41
Wedbush Securities
California
$345K – – –
Northwestern Mutual Wealth Management
42
Northwestern Mutual Wealth Management
Wisconsin
$325K -$234K -14,234 -43%
Rockefeller Capital Management
43
Rockefeller Capital Management
New York
$294K +$26K +1,582 +10%
MC
44
Moors & Cabot
Massachusetts
$293K +$282K +17,183 New
IWC
45
Integrated Wealth Concepts
Massachusetts
$285K – – –
FAG
46
Fortitude Advisory Group
Washington
$277K +$267K +16,258 New
CIA
47
Choate Investment Advisors
Massachusetts
$273K – – –
AA
48
Ancora Advisors
Ohio
$256K – – –
HighTower Advisors
49
HighTower Advisors
Illinois
$252K +$11.5K +700 +5%
CCWA
50
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$241K – – –
1
2
3 4

IIM Hedge Fund Activity: Q4 2021 in Review

84 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q4 2021, worth a combined $109M — down 1% from $110M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of IIM and 11 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 23 added.

The largest buyer was Hennion & Walsh Asset Management, adding an estimated $5M. The largest seller was Parametric Portfolio Associates, cutting an estimated $4.17M.

  • 84 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q4 2021, down from 88 in Q3 2021.
  • Funds reported $109M of Invesco Value Municipal Income Trust stock for Q4 2021, down 1% quarter-over-quarter.
  • 11 funds opened new Invesco Value Municipal Income Trust positions in Q4 2021 and 13 closed out, a net change of -2 holders.
  • The largest Invesco Value Municipal Income Trust buyer in Q4 2021 was Hennion & Walsh Asset Management, an estimated $5M added.
  • The largest Invesco Value Municipal Income Trust seller in Q4 2021 was Parametric Portfolio Associates, an estimated $4.17M sold.

Based on aggregated 13F filings for Q4 2021.