Invesco Value Municipal Income Trust
IIM
89 hedge funds and large institutions have $93.5M invested in Invesco Value Municipal Income Trust in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
5% more funds holding
Funds holding: 85 → 89 (+4)
0.26% more ownership
Funds ownership: 18.83% → 19.09% (+0.26%)
7% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 29
11% less capital invested
Capital invested by funds: $105M → $93.5M (-$11.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.68M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.56M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.49M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$707K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$562K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.37M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$971K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$862K |
| 4 |
BlackRock
New York
|
-$840K |
| 5 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
-$461K |
IIM Hedge Fund Activity: Q3 2023 in Review
89 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q3 2023, worth a combined $93.5M — down 11% from $105M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new IIM positions and 5 closed out — a net gain of 5 holders — while 27 added to existing stakes and 29 trimmed.
The largest buyer was AQR Arbitrage, adding an estimated $1.68M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $1.37M.
- 89 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q3 2023, up from 85 in Q2 2023.
- Funds reported $93.5M of Invesco Value Municipal Income Trust stock for Q3 2023, down 11% quarter-over-quarter.
- 10 funds opened new Invesco Value Municipal Income Trust positions in Q3 2023 and 5 closed out, a net change of +5 holders.
- The largest Invesco Value Municipal Income Trust buyer in Q3 2023 was AQR Arbitrage, an estimated $1.68M added.
- The largest Invesco Value Municipal Income Trust seller in Q3 2023 was Hennion & Walsh Asset Management, an estimated $1.37M sold.
Based on aggregated 13F filings for Q3 2023.