We are live on ! Find out more
IIM icon

Invesco Value Municipal Income Trust
IIM

76 hedge funds and large institutions have $54.8M invested in Invesco Value Municipal Income Trust in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 9

11% more capital invested

Capital invested by funds: $49.4M → $54.8M (+$5.42M)

10% more funds holding

Funds holding: 69 → 76 (+7)

1.53% more ownership

Funds ownership: 6.44% → 7.98% (+1.5%)

5% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 19

Holders
76
Holders Change
+7
Holders Change %
+10.14%
% of All Funds
1.9%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
18
Increased
20
Reduced
19
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
+$5.58M
2
Morgan Stanley
Morgan Stanley
New York
+$3.24M
3
RCM
Robinson Capital Management
Michigan
+$3.18M
4
LCM
Landscape Capital Management
New Jersey
+$2.16M
5
Geode Capital Management
Geode Capital Management
Massachusetts
+$1.07M

Top Sellers

Rank Fund Capital Flow
1
CRC
Curi RMB Capital
Illinois
-$3.59M
2
LCM
Laurion Capital Management
New York
-$2.34M
3
DA
Doliver Advisors
Texas
-$1.76M
4
TC
TFS Capital
Pennsylvania
-$647K
5
CA
Cetera Advisors
Colorado
-$599K
Name Holding Trade Value Shares
Change 		Change in
Stake
RFC
51
Regions Financial Corp
Alabama
$180K – – –
HCM
52
Hollencrest Capital Management
California
$168K -$54K -3,600 -24%
CRC
53
Curi RMB Capital
Illinois
$162K -$3.59M -239,148 -96%
RJT
54
Raymond James Trust
Florida
$162K – – –
SSB
55
Sandy Spring Bank
Maryland
$158K – – –
LYV
56
Live Your Vision
Pennsylvania
$146K – – –
TWA
57
TCI Wealth Advisors
Arizona
$139K +$142K +9,472 New
AG
58
Advisor Group
Arizona
$127K +$12.9K +861 +11%
CAM
59
Columbia Asset Management
Michigan
$127K +$130K +8,700 New
MFS
60
MSI Financial Services
Massachusetts
$122K +$2.43K +162 +2%
EWM
61
Endurance Wealth Management
Rhode Island
$109K – – –
ACS
62
Archford Capital Strategies
Illinois
$74K +$76.7K +5,118 New
GWM
63
Geneos Wealth Management
Colorado
$54K – – –
HCM
64
Highlander Capital Management
New Jersey
$42K – – –
WT
65
Whittier Trust
California
$38K +$450 +30 +1%
Bank of Montreal
66
Bank of Montreal
Ontario, Canada
$17K -$4.5K -300 -21%
Thrivent Financial for Lutherans
67
Thrivent Financial for Lutherans
Minnesota
$15K – – –
RFA
68
Reilly Financial Advisors
California
$15K +$13.5K +900 +900%
DADC
69
D.A. Davidson & Co
Montana
$14K – – –
Citigroup
70
Citigroup
New York
$13K -$4.5K -300 -25%
LWM
71
LBA Wealth Management
Florida
$8K – – –
WB
72
Webster Bank
Connecticut
$7K +$7.5K +500 New
AIM
73
Anchor Investment Management
South Carolina
$6.17K – – –
CFA
74
Carroll Financial Associates
North Carolina
$5K +$5.43K +362 New
WEC
75
Winslow Evans & Crocker
Massachusetts
$3.46K – – –
1 2
3
4

IIM Hedge Fund Activity: Q4 2016 in Review

76 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q4 2016, worth a combined $54.8M — up 11% from $49.4M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new IIM positions and 9 closed out — a net gain of 9 holders — while 20 added to existing stakes and 19 trimmed.

The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $5.58M. The largest seller was Curi RMB Capital, cutting an estimated $3.59M.

  • 76 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q4 2016, up from 69 in Q3 2016.
  • Funds reported $54.8M of Invesco Value Municipal Income Trust stock for Q4 2016, up 11% quarter-over-quarter.
  • 18 funds opened new Invesco Value Municipal Income Trust positions in Q4 2016 and 9 closed out, a net change of +9 holders.
  • The largest Invesco Value Municipal Income Trust buyer in Q4 2016 was Fiera Capital (Canada), an estimated $5.58M added.
  • The largest Invesco Value Municipal Income Trust seller in Q4 2016 was Curi RMB Capital, an estimated $3.59M sold.

Based on aggregated 13F filings for Q4 2016.