Invesco California Value Municipal Income Trust
VCV
41 hedge funds and large institutions have $28.3M invested in Invesco California Value Municipal Income Trust in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
17% more funds holding
Funds holding: 35 → 41 (+6)
1% more capital invested
Capital invested by funds: $27.9M → $28.3M (+$407K)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
0.1% less ownership
Funds ownership: 5.11% → 5.01% (-0.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$774K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$522K |
| 3 |
Morgan Stanley
New York
|
+$399K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$247K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.91M |
| 2 |
SG Americas Securities
New York
|
-$459K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$308K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$235K |
| 5 |
ACI
Alpha Cubed Investments
Irvine,
California
|
-$205K |
VCV Hedge Fund Activity: Q1 2014 in Review
41 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q1 2014, worth a combined $28.3M — up 1.5% from $27.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new VCV positions and 3 closed out — a net gain of 6 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Mariner Investment Group, opening a new position worth an estimated $774K. The largest seller was Guggenheim Capital, cutting an estimated $1.91M.
- 41 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q1 2014, up from 35 in Q4 2013.
- Funds reported $28.3M of Invesco California Value Municipal Income Trust stock for Q1 2014, up 1.5% quarter-over-quarter.
- 9 funds opened new Invesco California Value Municipal Income Trust positions in Q1 2014 and 3 closed out, a net change of +6 holders.
- The largest Invesco California Value Municipal Income Trust buyer in Q1 2014 was Mariner Investment Group, an estimated $774K added.
- The largest Invesco California Value Municipal Income Trust seller in Q1 2014 was Guggenheim Capital, an estimated $1.91M sold.
Based on aggregated 13F filings for Q1 2014.