Invesco California Value Municipal Income Trust
VCV
56 hedge funds and large institutions have $64.9M invested in Invesco California Value Municipal Income Trust in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 13 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
12% more funds holding
Funds holding: 50 → 56 (+6)
9% more capital invested
Capital invested by funds: $59.4M → $64.9M (+$5.52M)
1.78% more ownership
Funds ownership: 12.37% → 14.15% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$3.14M |
| 2 |
Morgan Stanley
New York
|
+$1.63M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$861K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$776K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$592K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$716K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$143K |
| 3 |
VF
Virtu Financial
New York
|
-$140K |
| 4 |
MCP
Mirador Capital Partners
Pleasanton,
California
|
-$92.8K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$86.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
51
Hollencrest Capital Management
Newport Beach,
California
| $49.2K | +$271 | +28 | +0.5% |
|
|
CTWM
52
Cherry Tree Wealth Management
Minnetonka,
Minnesota
| $15.6K | +$15.8K | +1,625 | New |
|
53
US Bancorp
Minneapolis,
Minnesota
| $13.9K | – | – | – |
|
54
JP Morgan Chase
New York
| $10.4K | -$73.5K | -7,588 | -88% |
|
|
OP
55
ORG Partners
Roanoke,
Indiana
| $10K | +$9.69K | +1,000 | New |
|
|
AF
56
Allworth Financial
Folsom,
California
| $6.54K | +$6.62K | +683 | New |
|
|
VF
57
Virtu Financial
New York
| – | -$140K | -13,748 | Closed |
|
|
BAM
58
Belpointe Asset Management
Reno,
Nevada
| – | -$4.79K | -471 | Closed |
|
VCV Hedge Fund Activity: Q2 2023 in Review
56 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q2 2023, worth a combined $64.9M — up 9.3% from $59.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new VCV positions and 2 closed out — a net gain of 6 holders — while 21 added to existing stakes and 13 trimmed.
The largest buyer was Beach Point Capital Management, opening a new position worth an estimated $3.14M. The largest seller was Logan Stone Capital, cutting an estimated $716K.
- 56 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q2 2023, up from 50 in Q1 2023.
- Funds reported $64.9M of Invesco California Value Municipal Income Trust stock for Q2 2023, up 9.3% quarter-over-quarter.
- 8 funds opened new Invesco California Value Municipal Income Trust positions in Q2 2023 and 2 closed out, a net change of +6 holders.
- The largest Invesco California Value Municipal Income Trust buyer in Q2 2023 was Beach Point Capital Management, an estimated $3.14M added.
- The largest Invesco California Value Municipal Income Trust seller in Q2 2023 was Logan Stone Capital, an estimated $716K sold.
Based on aggregated 13F filings for Q2 2023.