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Invesco California Value Municipal Income Trust

38 hedge funds and large institutions have $47.5M invested in Invesco California Value Municipal Income Trust in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 9

0% more funds holding

Funds holding: 3838 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

0.38% less ownership

Funds ownership: 7.26%6.87% (-0.38%)

0% less capital invested

Capital invested by funds: $47.8M → $47.5M (-$222K)

Holders
38
Holders Change
Holders Change %
0%
% of All Funds
1.01%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
11
Reduced
9
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$7.75M +$453K +32,230 +6%
AAM
2
Advisors Asset Management
Colorado
$6.62M +$208K +14,786 +3%
Morgan Stanley
3
Morgan Stanley
New York
$5.32M +$126K +8,943 +3%
Invesco
4
Invesco
Georgia
$4.92M +$375K +26,674 +9%
LPL Financial
5
LPL Financial
California
$3.96M -$2.4M -170,515 -39%
JWA
6
JFS Wealth Advisors
Pennsylvania
$3.81M +$17.6K +1,250 +0.5%
UBS Group
7
UBS Group
Switzerland
$3.77M -$640K -45,518 -15%
Bank of America
8
Bank of America
North Carolina
$3.35M -$492K -34,991 -13%
Wells Fargo
9
Wells Fargo
California
$1.81M +$123K +8,754 +8%
NPC
10
National Planning Corporation
California
$798K
HCM
11
Hollencrest Capital Management
California
$741K -$43.8K -3,120 -6%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$663K +$68.6K +4,881 +12%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$473K -$146K -10,416 -24%
SAM
14
Shamrock Asset Management
Texas
$384K -$26.3K -1,875 -7%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$377K +$4.92K +350 +1%
RFC
16
Regions Financial Corp
Alabama
$317K
WT
17
Whittier Trust
California
$294K
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$279K -$34.1K -2,426 -11%
WS
19
Wedbush Securities
California
$267K +$17.6K +1,250 +7%
FFA
20
First Foundation Advisors
California
$261K
NFG
21
Next Financial Group
Texas
$243K
DI
22
Diligent Investors
California
$209K
Ameriprise
23
Ameriprise
Minnesota
$162K +$156K +11,122 New
AA
24
Apriem Advisors
California
$155K
CG
25
Cutler Group
California
$142K

VCV Hedge Fund Activity: Q2 2016 in Review

38 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q2 2016, worth a combined $47.5M — down 0.46% from $47.8M a quarter earlier.

Fund positioning in VCV was balanced in Q2 2016: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 9 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $453K. The largest seller was LPL Financial, cutting an estimated $2.4M.

  • 38 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q2 2016, unchanged from Q1 2016.
  • Funds reported $47.5M of Invesco California Value Municipal Income Trust stock for Q2 2016, down 0.46% quarter-over-quarter.
  • 3 funds opened new Invesco California Value Municipal Income Trust positions in Q2 2016 and 3 closed out, a net change of 0 holders.
  • The largest Invesco California Value Municipal Income Trust buyer in Q2 2016 was Guggenheim Capital, an estimated $453K added.
  • The largest Invesco California Value Municipal Income Trust seller in Q2 2016 was LPL Financial, an estimated $2.4M sold.

Based on aggregated 13F filings for Q2 2016.