Invesco Value Municipal Income Trust
IIM
86 hedge funds and large institutions have $102M invested in Invesco Value Municipal Income Trust in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 24 reducing their positions, and 20 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 24
0.37% less ownership
Funds ownership: 18.14% → 17.77% (-0.37%)
12% less funds holding
Funds holding: 98 → 86 (-12)
15% less capital inflows, than outflows
Capital inflows: $10.1M | Capital outflows: $11.8M
50% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Guggenheim Capital
Chicago,
Illinois
|
+$2.2M |
| 2 |
Rockefeller Capital Management
New York
|
+$852K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$743K |
| 4 |
Kestra Advisory Services
Austin,
Texas
|
+$683K |
| 5 |
VanEck Associates
New York
|
+$587K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Penserra Capital Management
Orinda,
California
|
-$2.14M |
| 2 |
Morgan Stanley
New York
|
-$1.71M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$965K |
| 4 |
Weiss Asset Management
Boston,
Massachusetts
|
-$722K |
| 5 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$674K |
IIM Hedge Fund Activity: Q1 2023 in Review
86 of the 6,290 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q1 2023, worth a combined $102M — down 0.06% from $102M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of IIM and 10 opened new positions — a net loss of 10 holders — while 24 trimmed existing stakes and 27 added.
The largest buyer was Guggenheim Capital, adding an estimated $2.2M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $2.14M sold.
- 86 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q1 2023, down from 98 in Q4 2022.
- Funds reported $102M of Invesco Value Municipal Income Trust stock for Q1 2023, down 0.06% quarter-over-quarter.
- 10 funds opened new Invesco Value Municipal Income Trust positions in Q1 2023 and 20 closed out, a net change of -10 holders.
- The largest Invesco Value Municipal Income Trust buyer in Q1 2023 was Guggenheim Capital, an estimated $2.2M added.
- The largest Invesco Value Municipal Income Trust seller in Q1 2023 was Penserra Capital Management, an estimated $2.14M sold.
Based on aggregated 13F filings for Q1 2023.