Invesco Value Municipal Income Trust
IIM
64 hedge funds and large institutions have $39.4M invested in Invesco Value Municipal Income Trust in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 11 increasing their positions, 18 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
8% more funds holding
Funds holding: 59 → 64 (+5)
0.45% more ownership
Funds ownership: 5.36% → 5.81% (+0.45%)
2% less capital invested
Capital invested by funds: $40.3M → $39.4M (-$927K)
39% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.93M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.7M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.3M |
| 4 |
Morgan Stanley
New York
|
+$935K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$685K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.88M |
| 2 |
LPL Financial
San Diego,
California
|
-$642K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$567K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$406K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$376K |
IIM Hedge Fund Activity: Q2 2015 in Review
64 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q2 2015, worth a combined $39.4M — down 2.3% from $40.3M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IIM positions and 8 closed out — a net gain of 6 holders — while 11 added to existing stakes and 18 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $3.93M. The largest seller was Goldman Sachs, exiting entirely with an estimated $3.88M sold.
- 64 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q2 2015, up from 59 in Q1 2015.
- Funds reported $39.4M of Invesco Value Municipal Income Trust stock for Q2 2015, down 2.3% quarter-over-quarter.
- 14 funds opened new Invesco Value Municipal Income Trust positions in Q2 2015 and 8 closed out, a net change of +6 holders.
- The largest Invesco Value Municipal Income Trust buyer in Q2 2015 was Curi RMB Capital, an estimated $3.93M added.
- The largest Invesco Value Municipal Income Trust seller in Q2 2015 was Goldman Sachs, an estimated $3.88M sold.
Based on aggregated 13F filings for Q2 2015.