Invesco Value Municipal Income Trust
IIM
85 hedge funds and large institutions have $105M invested in Invesco Value Municipal Income Trust in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 8 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 21
1.06% more ownership
Funds ownership: 17.77% → 18.83% (+1.1%)
4% more capital invested
Capital invested by funds: $101M → $105M (+$4.2M)
1% less funds holding
Funds holding: 86 → 85 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.27M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$945K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$677K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$494K |
| 5 |
TWM
TriaGen Wealth Management
Calabasas,
California
|
+$398K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$499K |
| 2 |
Walleye Capital
New York
|
-$210K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$140K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$134K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$110K |
IIM Hedge Fund Activity: Q2 2023 in Review
85 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q2 2023, worth a combined $105M — up 4.2% from $101M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of IIM and 7 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 33 added.
The largest buyer was Fiera Capital (Canada), adding an estimated $1.27M. The largest seller was Sit Investment Associates, cutting an estimated $499K.
- 85 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q2 2023, down from 86 in Q1 2023.
- Funds reported $105M of Invesco Value Municipal Income Trust stock for Q2 2023, up 4.2% quarter-over-quarter.
- 7 funds opened new Invesco Value Municipal Income Trust positions in Q2 2023 and 8 closed out, a net change of -1 holder.
- The largest Invesco Value Municipal Income Trust buyer in Q2 2023 was Fiera Capital (Canada), an estimated $1.27M added.
- The largest Invesco Value Municipal Income Trust seller in Q2 2023 was Sit Investment Associates, an estimated $499K sold.
Based on aggregated 13F filings for Q2 2023.