Invesco California Value Municipal Income Trust
VCV
50 hedge funds and large institutions have $59.4M invested in Invesco California Value Municipal Income Trust in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 5 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
11% more capital invested
Capital invested by funds: $53.4M → $59.4M (+$5.99M)
0.62% more ownership
Funds ownership: 11.75% → 12.37% (+0.62%)
6% less funds holding
Funds holding: 53 → 50 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.23M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.13M |
| 3 |
Morgan Stanley
New York
|
+$731K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$606K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$482K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Woodline Partners
San Francisco,
California
|
-$610K |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$521K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$386K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$284K |
| 5 |
Mariner
Overland Park,
Kansas
|
-$273K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Weiss Asset Management
Boston,
Massachusetts
| – | -$521K | -54,991 | Closed |
|
|
RPCA
52
Running Point Capital Advisors
El Segundo,
California
| – | -$190K | -20,000 | Closed |
|
53
Walleye Capital
New York
| – | -$139K | -14,691 | Closed |
|
|
AP
54
Atwood & Palmer
Kansas City,
Missouri
| – | -$19.5K | -2,052 | Closed |
|
|
WAM
55
Wolverine Asset Management
Chicago,
Illinois
| – | -$11.4K | -1,200 | Closed |
|
VCV Hedge Fund Activity: Q1 2023 in Review
50 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q1 2023, worth a combined $59.4M — up 11% from $53.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of VCV and 2 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 20 added.
The largest buyer was UBS Group, adding an estimated $1.23M. The largest seller was Woodline Partners, cutting an estimated $610K.
- 50 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q1 2023, down from 53 in Q4 2022.
- Funds reported $59.4M of Invesco California Value Municipal Income Trust stock for Q1 2023, up 11% quarter-over-quarter.
- 2 funds opened new Invesco California Value Municipal Income Trust positions in Q1 2023 and 5 closed out, a net change of -3 holders.
- The largest Invesco California Value Municipal Income Trust buyer in Q1 2023 was UBS Group, an estimated $1.23M added.
- The largest Invesco California Value Municipal Income Trust seller in Q1 2023 was Woodline Partners, an estimated $610K sold.
Based on aggregated 13F filings for Q1 2023.