Invesco California Value Municipal Income Trust
VCV
46 hedge funds and large institutions have $49.3M invested in Invesco California Value Municipal Income Trust in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
12% more funds holding
Funds holding: 41 → 46 (+5)
6% more capital invested
Capital invested by funds: $46.6M → $49.3M (+$2.67M)
0.64% more ownership
Funds ownership: 7.55% → 8.19% (+0.64%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$3.81M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$701K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$607K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$483K |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$322K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$980K |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
-$728K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$613K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$564K |
| 5 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$521K |
VCV Hedge Fund Activity: Q4 2017 in Review
46 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q4 2017, worth a combined $49.3M — up 5.7% from $46.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new VCV positions and 4 closed out — a net gain of 5 holders — while 15 added to existing stakes and 8 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $3.81M. The largest seller was Advisors Asset Management, cutting an estimated $980K.
- 46 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q4 2017, up from 41 in Q3 2017.
- Funds reported $49.3M of Invesco California Value Municipal Income Trust stock for Q4 2017, up 5.7% quarter-over-quarter.
- 9 funds opened new Invesco California Value Municipal Income Trust positions in Q4 2017 and 4 closed out, a net change of +5 holders.
- The largest Invesco California Value Municipal Income Trust buyer in Q4 2017 was Laurion Capital Management, an estimated $3.81M added.
- The largest Invesco California Value Municipal Income Trust seller in Q4 2017 was Advisors Asset Management, an estimated $980K sold.
Based on aggregated 13F filings for Q4 2017.