Invesco Value Municipal Income Trust
IIM
70 hedge funds and large institutions have $50M invested in Invesco Value Municipal Income Trust in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 6 closing their positions.
247% more capital inflows, than outflows
Capital inflows: $13.1M | Capital outflows: $3.79M
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
6% more funds holding
Funds holding: 66 → 70 (+4)
1.15% more ownership
Funds ownership: 5.37% → 6.51% (+1.1%)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Curi RMB Capital
Chicago,
Illinois
|
+$2.58M |
| 2 |
Laurion Capital Management
New York
|
+$2.43M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.58M |
| 4 |
Virtu KCG Holdings
New York
|
+$996K |
| 5 |
VanEck Associates
New York
|
+$749K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
-$1.55M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$342K |
| 3 |
Hollencrest Capital Management
Newport Beach,
California
|
-$233K |
| 4 |
Beacon Capital Management Inc (Ohio)
Dayton,
Ohio
|
-$222K |
| 5 |
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
-$198K |
IIM Hedge Fund Activity: Q3 2016 in Review
70 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q3 2016, worth a combined $50M — up 12% from $44.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new IIM positions and 6 closed out — a net gain of 5 holders — while 21 added to existing stakes and 20 trimmed.
The largest buyer was Curi RMB Capital, adding an estimated $2.58M. The largest seller was Advisors Asset Management, exiting entirely with an estimated $1.55M sold.
- 70 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q3 2016, up from 66 in Q2 2016.
- Funds reported $50M of Invesco Value Municipal Income Trust stock for Q3 2016, up 12% quarter-over-quarter.
- 11 funds opened new Invesco Value Municipal Income Trust positions in Q3 2016 and 6 closed out, a net change of +5 holders.
- The largest Invesco Value Municipal Income Trust buyer in Q3 2016 was Curi RMB Capital, an estimated $2.58M added.
- The largest Invesco Value Municipal Income Trust seller in Q3 2016 was Advisors Asset Management, an estimated $1.55M sold.
Based on aggregated 13F filings for Q3 2016.