Invesco California Value Municipal Income Trust
VCV
46 hedge funds and large institutions have $55.4M invested in Invesco California Value Municipal Income Trust in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 7 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0.34% less ownership
Funds ownership: 9.1% → 8.76% (-0.34%)
2% less funds holding
Funds holding: 47 → 46 (-1)
31% less capital inflows, than outflows
Capital inflows: $4.06M | Capital outflows: $5.91M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$767K |
| 2 |
D.A. Davidson & Co
Great Falls,
Montana
|
+$474K |
| 3 |
Morgan Stanley
New York
|
+$400K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$185K |
| 5 |
Cooper Financial Group
Irvine,
California
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.97M |
| 2 |
AQR Arbitrage
Greenwich,
Connecticut
|
-$992K |
| 3 |
Wedbush Securities
Los Angeles,
California
|
-$600K |
| 4 |
Curi RMB Capital
Chicago,
Illinois
|
-$484K |
| 5 |
MUFG Americas
New York
|
-$368K |
VCV Hedge Fund Activity: Q4 2020 in Review
46 of the 5,678 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q4 2020, worth a combined $55.4M — up 2% from $54.4M a quarter earlier.
Fund positioning in VCV was balanced in Q4 2020: 7 funds opened new positions, 7 closed out, 14 added to existing stakes and 12 trimmed.
The largest buyer was UBS Group, adding an estimated $767K. The largest seller was Royal Bank of Canada, cutting an estimated $1.97M.
- 46 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q4 2020, down from 47 in Q3 2020.
- Funds reported $55.4M of Invesco California Value Municipal Income Trust stock for Q4 2020, up 2% quarter-over-quarter.
- 7 funds opened new Invesco California Value Municipal Income Trust positions in Q4 2020 and 7 closed out, a net change of 0 holders.
- The largest Invesco California Value Municipal Income Trust buyer in Q4 2020 was UBS Group, an estimated $767K added.
- The largest Invesco California Value Municipal Income Trust seller in Q4 2020 was Royal Bank of Canada, an estimated $1.97M sold.
Based on aggregated 13F filings for Q4 2020.