Invesco California Value Municipal Income Trust
VCV
56 hedge funds and large institutions have $64.9M invested in Invesco California Value Municipal Income Trust in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 13 reducing their positions, and 2 closing their positions.
599% more capital inflows, than outflows
Capital inflows: $9.7M | Capital outflows: $1.38M
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
12% more funds holding
Funds holding: 50 → 56 (+6)
1.78% more ownership
Funds ownership: 12.37% → 14.15% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$3.14M |
| 2 |
Morgan Stanley
New York
|
+$1.63M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
+$861K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$776K |
| 5 |
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$592K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$716K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$143K |
| 3 |
Virtu Financial
New York
|
-$140K |
| 4 |
Mirador Capital Partners
Pleasanton,
California
|
-$92.8K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$86.5K |
VCV Hedge Fund Activity: Q2 2023 in Review
56 of the 6,388 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q2 2023, worth a combined $64.9M — up 7.8% from $60.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new VCV positions and 2 closed out — a net gain of 6 holders — while 21 added to existing stakes and 13 trimmed.
The largest buyer was Beach Point Capital Management, opening a new position worth an estimated $3.14M. The largest seller was Logan Stone Capital, cutting an estimated $716K.
- 56 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q2 2023, up from 50 in Q1 2023.
- Funds reported $64.9M of Invesco California Value Municipal Income Trust stock for Q2 2023, up 7.8% quarter-over-quarter.
- 8 funds opened new Invesco California Value Municipal Income Trust positions in Q2 2023 and 2 closed out, a net change of +6 holders.
- The largest Invesco California Value Municipal Income Trust buyer in Q2 2023 was Beach Point Capital Management, an estimated $3.14M added.
- The largest Invesco California Value Municipal Income Trust seller in Q2 2023 was Logan Stone Capital, an estimated $716K sold.
Based on aggregated 13F filings for Q2 2023.