We are live on ! Find out more
VCV icon

Invesco California Value Municipal Income Trust
VCV

47 hedge funds and large institutions have $54.4M invested in Invesco California Value Municipal Income Trust in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 15

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

1.65% less ownership

Funds ownership: 10.75% → 9.1% (-1.6%)

9% less capital invested

Capital invested by funds: $60M → $54.4M (-$5.64M)

24% less funds holding

Funds holding: 62 → 47 (-15)

93% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 15

Holders
47
Holders Change
-15
Holders Change %
-24.19%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
1
Increased
16
Reduced
15
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
+$1.45M
2
EW
Evoke Wealth
California
+$628K
3
GC
Guggenheim Capital
Illinois
+$623K
4
AAM
Advisors Asset Management
Colorado
+$442K
5
Wells Fargo
Wells Fargo
California
+$310K

Top Sellers

Rank Fund Capital Flow
1
RCM
Robinson Capital Management
Michigan
-$4.3M
2
CRC
Curi RMB Capital
Illinois
-$1.34M
3
KIM
Karpus Investment Management
New York
-$921K
4
Bank of America
Bank of America
North Carolina
-$886K
5
WAM
Wolverine Asset Management
Illinois
-$821K
Name Holding Trade Value Shares
Change 		Change in
Stake
MA
26
MUFG Americas
New York
$368K – – –
RJFSA
27
Raymond James Financial Services Advisors
Florida
$306K +$12.3K +1,000 +4%
COF
28
Capital One Financial
Virginia
$258K -$10.8K -875 -4%
WT
29
Whittier Trust
California
$252K +$128K +10,392 +107%
MCP
30
Mirador Capital Partners
California
$205K -$15.9K -1,287 -7%
Stifel Financial
31
Stifel Financial
Missouri
$204K +$53K +4,298 +36%
FAAS
32
First Allied Advisory Services
California
$188K – – –
EWF
33
Epstein & White Financial
California
$188K +$2.06K +167 +1%
DI
34
Diligent Investors
California
$161K -$43.2K -3,501 -21%
ACI
35
Alpha Cubed Investments
California
$137K – – –
EWM
36
Edge Wealth Management
New York
$106K -$156K -12,600 -60%
LGWM
37
Litman Gregory Wealth Management
California
$29K +$29.1K +2,360 New
GT
38
Glenmede Trust
Pennsylvania
$24K – – –
CG
39
Cutler Group
California
$18K – – –
US Bancorp
40
US Bancorp
Minnesota
$18K – – –
Northwestern Mutual Wealth Management
41
Northwestern Mutual Wealth Management
Wisconsin
$16K – – –
ETI
42
Enterprise Trust & Investment
California
$13K – – –
HFA
43
HC Financial Advisors
California
$13K – – –
GAM
44
Gemmer Asset Management
California
$11K +$123 +10 +1%
AIP
45
Ameritas Investment Partners
Nebraska
$7K – – –
APWM
46
Atlas Private Wealth Management
New York
$5K – – –
PAM
47
Panagora Asset Management
Massachusetts
$5K – – –
RCM
48
Robinson Capital Management
Michigan
– -$4.3M -367,743 Closed
KIM
49
Karpus Investment Management
New York
– -$921K -78,842 Closed
WAM
50
Wolverine Asset Management
Illinois
– -$821K -70,344 Closed
1
2
3

VCV Hedge Fund Activity: Q3 2020 in Review

47 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q3 2020, worth a combined $54.4M — down 9.4% from $60M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of VCV and 1 opened new positions — a net loss of 14 holders — while 15 trimmed existing stakes and 16 added.

The largest buyer was UBS Group, adding an estimated $1.45M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $4.3M sold.

  • 47 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q3 2020, down from 62 in Q2 2020.
  • Funds reported $54.4M of Invesco California Value Municipal Income Trust stock for Q3 2020, down 9.4% quarter-over-quarter.
  • 1 fund opened new Invesco California Value Municipal Income Trust positions in Q3 2020 and 15 closed out, a net change of -14 holders.
  • The largest Invesco California Value Municipal Income Trust buyer in Q3 2020 was UBS Group, an estimated $1.45M added.
  • The largest Invesco California Value Municipal Income Trust seller in Q3 2020 was Robinson Capital Management, an estimated $4.3M sold.

Based on aggregated 13F filings for Q3 2020.