We are live on ! Find out more
IIM icon

Invesco Value Municipal Income Trust
IIM

77 hedge funds and large institutions have $90.9M invested in Invesco Value Municipal Income Trust in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 13 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

154% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 13

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

39% more capital invested

Capital invested by funds: $65.5M → $90.9M (+$25.4M)

3.73% more ownership

Funds ownership: 9.2% → 12.93% (+3.7%)

3% more funds holding

Funds holding: 75 → 77 (+2)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
77
Holders Change
+2
Holders Change %
+2.67%
% of All Funds
1.92%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
9
Increased
33
Reduced
13
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
+$14.7M
2
PPA
Parametric Portfolio Associates
Washington
+$6.09M
3
LCM
Laurion Capital Management
New York
+$4.89M
4
Millennium Management
Millennium Management
New York
+$1.09M
5
LCM
Landscape Capital Management
New Jersey
+$977K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$2.04M
2
HighTower Advisors
HighTower Advisors
Illinois
-$894K
3
AIA
Avalon Investment & Advisory
Texas
-$552K
4
Bank of America
Bank of America
North Carolina
-$440K
5
LPL Financial
LPL Financial
California
-$427K
Name Holding Trade Value Shares
Change 		Change in
Stake
IA
51
IFP Advisors
Florida
$230K +$6.35K +418 +3%
Creative Planning
52
Creative Planning
Kansas
$224K +$45.7K +3,008 +25%
YP
53
Yellowstone Partners
Idaho
$206K +$209K +13,752 New
WAM
54
Wolverine Asset Management
Illinois
$192K +$195K +12,837 New
AG
55
Advisor Group
Arizona
$184K +$4.5K +296 +2%
EWM
56
Edge Wealth Management
New York
$182K – – –
HCM
57
Hollencrest Capital Management
California
$172K – – –
SSB
58
Sandy Spring Bank
Maryland
$161K – – –
HighTower Advisors
59
HighTower Advisors
Illinois
$153K -$894K -58,829 -85%
LYV
60
Live Your Vision
Pennsylvania
$150K – – –
MIM
61
Macroview Investment Management
Maryland
$129K -$57.1K -3,755 -30%
EWM
62
Endurance Wealth Management
Rhode Island
$112K – – –
FMA
63
FNY Managed Accounts
New York
$89K +$91.2K +6,000 New
ASN
64
Advisory Services Network
Georgia
$61K +$760 +50 +1%
MFT
65
Moisand Fitzgerald Tamayo
Florida
$54K +$55.1K +3,626 New
HCM
66
Highlander Capital Management
New Jersey
$42K – – –
WT
67
Whittier Trust
California
$40K +$486 +32 +1%
PFBT
68
Parkside Financial Bank & Trust
Missouri
$36K – – –
Bank of Montreal
69
Bank of Montreal
Ontario, Canada
$17K – – –
RFA
70
Reilly Financial Advisors
California
$16K – – –
Thrivent Financial for Lutherans
71
Thrivent Financial for Lutherans
Minnesota
$15K – – –
DBT
72
Dubuque Bank & Trust
Iowa
$14K +$14.4K +947 New
BWA
73
BDO Wealth Advisors
Florida
$8K – – –
Citigroup
74
Citigroup
New York
$7K -$2.01K -132 -22%
HNB
75
Huntington National Bank
Ohio
$7K – – –
1 2
3
4

IIM Hedge Fund Activity: Q3 2017 in Review

77 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q3 2017, worth a combined $90.9M — up 39% from $65.5M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new IIM positions and 5 closed out — a net gain of 4 holders — while 33 added to existing stakes and 13 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $14.7M. The largest seller was Morgan Stanley, cutting an estimated $2.04M.

  • 77 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q3 2017, up from 75 in Q2 2017.
  • Funds reported $90.9M of Invesco Value Municipal Income Trust stock for Q3 2017, up 39% quarter-over-quarter.
  • 9 funds opened new Invesco Value Municipal Income Trust positions in Q3 2017 and 5 closed out, a net change of +4 holders.
  • The largest Invesco Value Municipal Income Trust buyer in Q3 2017 was Karpus Investment Management, an estimated $14.7M added.
  • The largest Invesco Value Municipal Income Trust seller in Q3 2017 was Morgan Stanley, an estimated $2.04M sold.

Based on aggregated 13F filings for Q3 2017.