Invesco Value Municipal Income Trust
IIM
84 hedge funds and large institutions have $109M invested in Invesco Value Municipal Income Trust in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 13 closing their positions.
0.75% less ownership
Funds ownership: 14.3% → 13.55% (-0.75%)
1% less capital invested
Capital invested by funds: $110M → $109M (-$1.1M)
5% less funds holding
Funds holding: 88 → 84 (-4)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$5M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.38M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$465K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$447K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$371K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$4.17M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.92M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.25M |
| 4 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
-$738K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$668K |
IIM Hedge Fund Activity: Q4 2021 in Review
84 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q4 2021, worth a combined $109M — down 1% from $110M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of IIM and 11 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 23 added.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $5M. The largest seller was Parametric Portfolio Associates, cutting an estimated $4.17M.
- 84 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q4 2021, down from 88 in Q3 2021.
- Funds reported $109M of Invesco Value Municipal Income Trust stock for Q4 2021, down 1% quarter-over-quarter.
- 11 funds opened new Invesco Value Municipal Income Trust positions in Q4 2021 and 13 closed out, a net change of -2 holders.
- The largest Invesco Value Municipal Income Trust buyer in Q4 2021 was Hennion & Walsh Asset Management, an estimated $5M added.
- The largest Invesco Value Municipal Income Trust seller in Q4 2021 was Parametric Portfolio Associates, an estimated $4.17M sold.
Based on aggregated 13F filings for Q4 2021.