Invesco Value Municipal Income Trust
IIM
94 hedge funds and large institutions have $130M invested in Invesco Value Municipal Income Trust in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 31 reducing their positions, and 10 closing their positions.
4% less capital invested
Capital invested by funds: $136M → $130M (-$5.66M)
1.9% less ownership
Funds ownership: 23.41% → 21.51% (-1.9%)
4% less funds holding
Funds holding: 98 → 94 (-4)
19% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 31
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$7.27M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.92M |
| 3 |
Morgan Stanley
New York
|
+$368K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$280K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$5.13M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.89M |
| 3 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
-$2.43M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.48M |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1.3M |
IIM Hedge Fund Activity: Q3 2024 in Review
94 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Invesco Value Municipal Income Trust (IIM) for Q3 2024, worth a combined $130M — down 4.2% from $136M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IIM and 7 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 25 added.
The largest buyer was Bank of America, adding an estimated $7.27M. The largest seller was Logan Stone Capital, cutting an estimated $5.13M.
- 94 institutional investors held Invesco Value Municipal Income Trust (IIM) as of Q3 2024, down from 98 in Q2 2024.
- Funds reported $130M of Invesco Value Municipal Income Trust stock for Q3 2024, down 4.2% quarter-over-quarter.
- 7 funds opened new Invesco Value Municipal Income Trust positions in Q3 2024 and 10 closed out, a net change of -3 holders.
- The largest Invesco Value Municipal Income Trust buyer in Q3 2024 was Bank of America, an estimated $7.27M added.
- The largest Invesco Value Municipal Income Trust seller in Q3 2024 was Logan Stone Capital, an estimated $5.13M sold.
Based on aggregated 13F filings for Q3 2024.