Invesco Value Municipal Income Trust
IIM
97 hedge funds and large institutions have $137M invested in Invesco Value Municipal Income Trust in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 19 reducing their positions, and 10 closing their positions.
352% more capital inflows, than outflows
Capital inflows: $19.9M | Capital outflows: $4.41M
84% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 19
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
2.8% more ownership
Funds ownership: 21.46% → 24.26% (+2.8%)
2% more funds holding
Funds holding: 95 → 97 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.11M |
| 2 |
Logan Stone Capital
Chicago,
Illinois
|
+$2.49M |
| 3 |
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.91M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.78M |
| 5 |
Fort Point Capital Partners
San Francisco,
California
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Guggenheim Capital
Chicago,
Illinois
|
-$849K |
| 2 |
Landscape Capital Management
Englewood,
New Jersey
|
-$471K |
| 3 |
Rockefeller Capital Management
New York
|
-$403K |
| 4 |
Horizon Kinetics Asset Management
New York
|
-$384K |
| 5 |
Weiss Asset Management
Boston,
Massachusetts
|
-$348K |
IIM Hedge Fund Activity: Q1 2024 in Review
97 of the 6,967 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q1 2024, worth a combined $137M — up 15% from $118M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IIM positions and 10 closed out — a net gain of 3 holders — while 35 added to existing stakes and 19 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.11M. The largest seller was Guggenheim Capital, cutting an estimated $849K.
- 97 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q1 2024, up from 95 in Q4 2023.
- Funds reported $137M of Invesco Value Municipal Income Trust stock for Q1 2024, up 15% quarter-over-quarter.
- 13 funds opened new Invesco Value Municipal Income Trust positions in Q1 2024 and 10 closed out, a net change of +3 holders.
- The largest Invesco Value Municipal Income Trust buyer in Q1 2024 was Rivernorth Capital Management, an estimated $4.11M added.
- The largest Invesco Value Municipal Income Trust seller in Q1 2024 was Guggenheim Capital, an estimated $849K sold.
Based on aggregated 13F filings for Q1 2024.