Invesco California Value Municipal Income Trust
VCV
58 hedge funds and large institutions have $100M invested in Invesco California Value Municipal Income Trust in 2024 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 10 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
1% more capital invested
Capital invested by funds: $99.7M → $100M (+$754K)
0.78% less ownership
Funds ownership: 20.92% → 20.14% (-0.78%)
6% less funds holding
Funds holding: 62 → 58 (-4)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.95M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.32M |
| 3 |
Morgan Stanley
New York
|
+$1.04M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$875K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$605K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$3.68M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.3M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.09M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$846K |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$612K |
VCV Hedge Fund Activity: Q2 2024 in Review
58 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q2 2024, worth a combined $100M — up 0.76% from $99.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of VCV and 7 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 19 added.
The largest buyer was Saba Capital Management, adding an estimated $1.95M. The largest seller was Logan Stone Capital, cutting an estimated $3.68M.
- 58 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q2 2024, down from 62 in Q1 2024.
- Funds reported $100M of Invesco California Value Municipal Income Trust stock for Q2 2024, up 0.76% quarter-over-quarter.
- 7 funds opened new Invesco California Value Municipal Income Trust positions in Q2 2024 and 10 closed out, a net change of -3 holders.
- The largest Invesco California Value Municipal Income Trust buyer in Q2 2024 was Saba Capital Management, an estimated $1.95M added.
- The largest Invesco California Value Municipal Income Trust seller in Q2 2024 was Logan Stone Capital, an estimated $3.68M sold.
Based on aggregated 13F filings for Q2 2024.