Invesco Value Municipal Income Trust
IIM
59 hedge funds and large institutions have $42.3M invested in Invesco Value Municipal Income Trust in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 11 reducing their positions, and 7 closing their positions.
109% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 11
3% more capital invested
Capital invested by funds: $41M → $42.3M (+$1.31M)
0.32% more ownership
Funds ownership: 5.04% → 5.36% (+0.32%)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
2% less funds holding
Funds holding: 60 → 59 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.4M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$856K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$817K |
| 4 |
CNB
City National Bank
Beverly Hills,
California
|
+$294K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.06M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$871K |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$305K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$256K |
| 5 |
CM
Churchill Management
Los Angeles,
California
|
-$231K |
IIM Hedge Fund Activity: Q1 2015 in Review
59 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q1 2015, worth a combined $42.3M — up 3.2% from $41M a quarter earlier.
Fund positioning in IIM was balanced in Q1 2015: 7 funds opened new positions, 7 closed out, 23 added to existing stakes and 11 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $2.4M. The largest seller was Advisors Asset Management, cutting an estimated $1.06M.
- 59 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q1 2015, down from 60 in Q4 2014.
- Funds reported $42.3M of Invesco Value Municipal Income Trust stock for Q1 2015, up 3.2% quarter-over-quarter.
- 7 funds opened new Invesco Value Municipal Income Trust positions in Q1 2015 and 7 closed out, a net change of 0 holders.
- The largest Invesco Value Municipal Income Trust buyer in Q1 2015 was Ladenburg Thalmann Financial Services, an estimated $2.4M added.
- The largest Invesco Value Municipal Income Trust seller in Q1 2015 was Advisors Asset Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q1 2015.