Invesco California Value Municipal Income Trust
VCV
47 hedge funds and large institutions have $43.5M invested in Invesco California Value Municipal Income Trust in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
2% more funds holding
Funds holding: 46 → 47 (+1)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
0.11% more ownership
Funds ownership: 7.94% → 8.05% (+0.11%)
2% less capital invested
Capital invested by funds: $44.3M → $43.5M (-$714K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.87M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.77M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.09M |
| 4 |
Morgan Stanley
New York
|
+$596K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.06M |
| 2 |
EWM
Edge Wealth Management
New York
|
-$541K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$416K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$360K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$301K |
VCV Hedge Fund Activity: Q4 2018 in Review
47 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q4 2018, worth a combined $43.5M — down 1.6% from $44.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new VCV positions and 5 closed out — a net gain of 2 holders — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $1.87M. The largest seller was Bank of America, cutting an estimated $4.06M.
- 47 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q4 2018, up from 46 in Q3 2018.
- Funds reported $43.5M of Invesco California Value Municipal Income Trust stock for Q4 2018, down 1.6% quarter-over-quarter.
- 7 funds opened new Invesco California Value Municipal Income Trust positions in Q4 2018 and 5 closed out, a net change of +2 holders.
- The largest Invesco California Value Municipal Income Trust buyer in Q4 2018 was Robinson Capital Management, an estimated $1.87M added.
- The largest Invesco California Value Municipal Income Trust seller in Q4 2018 was Bank of America, an estimated $4.06M sold.
Based on aggregated 13F filings for Q4 2018.