Invesco Value Municipal Income Trust
IIM
90 hedge funds and large institutions have $72.5M invested in Invesco Value Municipal Income Trust in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
12% more capital inflows, than outflows
Capital inflows: $12.3M | Capital outflows: $11M
8% more funds holding
Funds holding: 83 → 90 (+7)
0.09% more ownership
Funds ownership: 10.45% → 10.54% (+0.09%)
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Western Wealth Management
Golden,
Colorado
|
+$1.4M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$691K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$678K |
| 4 |
Ackerman Capital Advisors
Dallas,
Texas
|
+$453K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$430K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.53M |
| 2 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.66M |
| 3 |
Landscape Capital Management
Englewood,
New Jersey
|
-$1.6M |
| 4 |
Guggenheim Capital
Chicago,
Illinois
|
-$893K |
| 5 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$797K |
IIM Hedge Fund Activity: Q4 2019 in Review
90 of the 5,094 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q4 2019, worth a combined $72.5M — down 4.1% from $75.6M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new IIM positions and 10 closed out — a net gain of 8 holders — while 22 added to existing stakes and 22 trimmed.
The largest buyer was Western Wealth Management, opening a new position worth an estimated $1.4M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.53M sold.
- 90 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q4 2019, up from 83 in Q3 2019.
- Funds reported $72.5M of Invesco Value Municipal Income Trust stock for Q4 2019, down 4.1% quarter-over-quarter.
- 18 funds opened new Invesco Value Municipal Income Trust positions in Q4 2019 and 10 closed out, a net change of +8 holders.
- The largest Invesco Value Municipal Income Trust buyer in Q4 2019 was Western Wealth Management, an estimated $1.4M added.
- The largest Invesco Value Municipal Income Trust seller in Q4 2019 was Rivernorth Capital Management, an estimated $3.53M sold.
Based on aggregated 13F filings for Q4 2019.