Invesco Value Municipal Income Trust
IIM
81 hedge funds and large institutions have $78M invested in Invesco Value Municipal Income Trust in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 9 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 17
9% more capital invested
Capital invested by funds: $71.9M → $78M (+$6.12M)
0.31% more ownership
Funds ownership: 10.6% → 10.91% (+0.31%)
5% less funds holding
Funds holding: 85 → 81 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$2.59M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$944K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$451K |
| 4 |
VanEck Associates
New York
|
+$449K |
| 5 |
Morgan Stanley
New York
|
+$374K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.1M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$715K |
| 3 |
6M
6 Meridian
Wichita,
Kansas
|
-$687K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$425K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$244K |
IIM Hedge Fund Activity: Q2 2019 in Review
81 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q2 2019, worth a combined $78M — up 8.5% from $71.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IIM and 6 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 27 added.
The largest buyer was Western Wealth Management, opening a new position worth an estimated $2.59M. The largest seller was JP Morgan Chase, cutting an estimated $1.1M.
- 81 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q2 2019, down from 85 in Q1 2019.
- Funds reported $78M of Invesco Value Municipal Income Trust stock for Q2 2019, up 8.5% quarter-over-quarter.
- 6 funds opened new Invesco Value Municipal Income Trust positions in Q2 2019 and 9 closed out, a net change of -3 holders.
- The largest Invesco Value Municipal Income Trust buyer in Q2 2019 was Western Wealth Management, an estimated $2.59M added.
- The largest Invesco Value Municipal Income Trust seller in Q2 2019 was JP Morgan Chase, an estimated $1.1M sold.
Based on aggregated 13F filings for Q2 2019.