Invesco California Value Municipal Income Trust
VCV
38 hedge funds and large institutions have $48.6M invested in Invesco California Value Municipal Income Trust in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 4 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
2% more capital invested
Capital invested by funds: $47.5M → $48.6M (+$1.1M)
0.5% more ownership
Funds ownership: 6.87% → 7.38% (+0.5%)
0% more funds holding
Funds holding: 38 → 38 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$994K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$721K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$424K |
| 4 |
Morgan Stanley
New York
|
+$394K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$390K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$216K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$162K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$96K |
| 4 |
AA
Apriem Advisors
Irvine,
California
|
-$65.7K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$41.6K |
VCV Hedge Fund Activity: Q3 2016 in Review
38 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q3 2016, worth a combined $48.6M — up 2.3% from $47.5M a quarter earlier.
Fund positioning in VCV was balanced in Q3 2016: 4 funds opened new positions, 4 closed out, 13 added to existing stakes and 7 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $994K. The largest seller was Royal Bank of Canada, cutting an estimated $216K.
- 38 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $48.6M of Invesco California Value Municipal Income Trust stock for Q3 2016, up 2.3% quarter-over-quarter.
- 4 funds opened new Invesco California Value Municipal Income Trust positions in Q3 2016 and 4 closed out, a net change of 0 holders.
- The largest Invesco California Value Municipal Income Trust buyer in Q3 2016 was Guggenheim Capital, an estimated $994K added.
- The largest Invesco California Value Municipal Income Trust seller in Q3 2016 was Royal Bank of Canada, an estimated $216K sold.
Based on aggregated 13F filings for Q3 2016.