We are live on ! Find out more
IIM icon

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.

New
Increased
Maintained
Reduced
Closed

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%)

Holders
66
Holders Change
+5
Holders Change %
+8.2%
% of All Funds
1.76%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
23
Reduced
17
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
GC
Guggenheim Capital
Illinois
+$2.77M
2
CRC
Curi RMB Capital
Illinois
+$1.71M
3
VanEck Associates
VanEck Associates
New York
+$424K
4
IA
IFP Advisors
Florida
+$333K
5
RJFSA
Raymond James Financial Services Advisors
Florida
+$330K

Top Sellers

1
LPL Financial
LPL Financial
California
-$2.38M
2
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$428K
3
Wells Fargo
Wells Fargo
California
-$326K
4
MFS
MSI Financial Services
Massachusetts
-$255K
5
AIG
American International Group
New York
-$214K
Name Holding Trade Value Shares
Change 		Change in
Stake
Wells Fargo
1
Wells Fargo
California
$3.98M -$326K -18,890 -8%
Morgan Stanley
2
Morgan Stanley
New York
$3.79M +$24.4K +1,415 +0.7%
GC
3
Guggenheim Capital
Illinois
$2.85M +$2.77M +160,276 New
LPL Financial
4
LPL Financial
California
$2.81M -$2.38M -137,871 -47%
Bank of America
5
Bank of America
North Carolina
$2.76M +$29.7K +1,721 +1%
DLG
6
Daniel L. Goodwin
$2.19M – – –
CRC
7
Curi RMB Capital
Illinois
$1.76M +$1.71M +98,932 New
VanEck Associates
8
VanEck Associates
New York
$1.66M +$424K +24,548 +36%
AAM
9
Advisors Asset Management
Colorado
$1.55M -$139K -8,028 -8%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$1.41M +$330K +19,084 +32%
CA
11
Cetera Advisors
Colorado
$1.39M +$224K +12,976 +20%
HighTower Advisors
12
HighTower Advisors
Illinois
$1.24M +$121 +7 +0%
UBS Group
13
UBS Group
Switzerland
$1.17M +$230K +13,312 +25%
PFS
14
Prospera Financial Services
Texas
$983K +$69.1K +4,000 +8%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$895K +$16.4K +951 +2%
CCWA
16
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$812K -$12.5K -726 -2%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$784K – – –
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$759K +$30.4K +1,758 +4%
CIA
19
Capital Investment Advisors
Georgia
$708K -$2.94K -170 -0.4%
MRCM
20
M&R Capital Management
New Jersey
$681K +$38K +2,199 +6%
MIM
21
Macroview Investment Management
Maryland
$630K -$138K -7,992 -18%
Northwestern Mutual Wealth Management
22
Northwestern Mutual Wealth Management
Wisconsin
$602K -$19.6K -1,135 -3%
BTS
23
BB&T Securities
Virginia
$580K -$863 -50 -0.2%
Stifel Financial
24
Stifel Financial
Missouri
$555K +$111K +6,419 +26%
HCM
25
Hollencrest Capital Management
California
$511K – – –
1
2 3

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.