Invesco California Value Municipal Income Trust
VCV
47 hedge funds and large institutions have $50.7M invested in Invesco California Value Municipal Income Trust in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 18 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
0.39% less ownership
Funds ownership: 10.41% → 10.02% (-0.39%)
8% less capital invested
Capital invested by funds: $55.4M → $50.7M (-$4.68M)
20% less funds holding
Funds holding: 59 → 47 (-12)
67% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.54M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.46M |
| 3 |
Morgan Stanley
New York
|
+$1.42M |
| 4 |
CNWM
Clay Northam Wealth Management
Huntington Beach,
California
|
+$365K |
| 5 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$258K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.46M |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$860K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$844K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$658K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$629K |
VCV Hedge Fund Activity: Q2 2022 in Review
47 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q2 2022, worth a combined $50.7M — down 8.5% from $55.4M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of VCV and 6 opened new positions — a net loss of 12 holders — while 12 trimmed existing stakes and 20 added.
The largest buyer was Bank of America, adding an estimated $2.54M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.46M sold.
- 47 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q2 2022, down from 59 in Q1 2022.
- Funds reported $50.7M of Invesco California Value Municipal Income Trust stock for Q2 2022, down 8.5% quarter-over-quarter.
- 6 funds opened new Invesco California Value Municipal Income Trust positions in Q2 2022 and 18 closed out, a net change of -12 holders.
- The largest Invesco California Value Municipal Income Trust buyer in Q2 2022 was Bank of America, an estimated $2.54M added.
- The largest Invesco California Value Municipal Income Trust seller in Q2 2022 was Robinson Capital Management, an estimated $1.46M sold.
Based on aggregated 13F filings for Q2 2022.