Invesco California Value Municipal Income Trust
VCV
42 hedge funds and large institutions have $50M invested in Invesco California Value Municipal Income Trust in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 5 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more capital invested
Capital invested by funds: $47.4M → $50M (+$2.63M)
5% more funds holding
Funds holding: 40 → 42 (+2)
0.55% more ownership
Funds ownership: 7.6% → 8.15% (+0.55%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$950K |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$743K |
| 3 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
+$713K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$530K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$420K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$628K |
| 2 |
AA
Apriem Advisors
Irvine,
California
|
-$617K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$299K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$191K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$191K |
VCV Hedge Fund Activity: Q3 2019 in Review
42 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q3 2019, worth a combined $50M — up 5.5% from $47.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new VCV positions and 5 closed out — a net gain of 2 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $950K. The largest seller was Wells Fargo, cutting an estimated $628K.
- 42 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q3 2019, up from 40 in Q2 2019.
- Funds reported $50M of Invesco California Value Municipal Income Trust stock for Q3 2019, up 5.5% quarter-over-quarter.
- 7 funds opened new Invesco California Value Municipal Income Trust positions in Q3 2019 and 5 closed out, a net change of +2 holders.
- The largest Invesco California Value Municipal Income Trust buyer in Q3 2019 was Bank of America, an estimated $950K added.
- The largest Invesco California Value Municipal Income Trust seller in Q3 2019 was Wells Fargo, an estimated $628K sold.
Based on aggregated 13F filings for Q3 2019.