Invesco Value Municipal Income Trust
IIM
66 hedge funds and large institutions have $44.6M invested in Invesco Value Municipal Income Trust in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
12% more capital invested
Capital invested by funds: $39.7M → $44.6M (+$4.89M)
8% more funds holding
Funds holding: 61 → 66 (+5)
0.38% more ownership
Funds ownership: 4.99% → 5.37% (+0.38%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.77M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.71M |
| 3 |
VanEck Associates
New York
|
+$424K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$333K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$330K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.38M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$428K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$326K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$255K |
| 5 |
AIG
American International Group
New York
|
-$214K |
IIM Hedge Fund Activity: Q2 2016 in Review
66 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q2 2016, worth a combined $44.6M — up 12% from $39.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new IIM positions and 5 closed out — a net gain of 5 holders — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $2.77M. The largest seller was LPL Financial, cutting an estimated $2.38M.
- 66 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q2 2016, up from 61 in Q1 2016.
- Funds reported $44.6M of Invesco Value Municipal Income Trust stock for Q2 2016, up 12% quarter-over-quarter.
- 10 funds opened new Invesco Value Municipal Income Trust positions in Q2 2016 and 5 closed out, a net change of +5 holders.
- The largest Invesco Value Municipal Income Trust buyer in Q2 2016 was Guggenheim Capital, an estimated $2.77M added.
- The largest Invesco Value Municipal Income Trust seller in Q2 2016 was LPL Financial, an estimated $2.38M sold.
Based on aggregated 13F filings for Q2 2016.