Invesco California Value Municipal Income Trust
VCV
62 hedge funds and large institutions have $100M invested in Invesco California Value Municipal Income Trust in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 8 closing their positions.
418% more capital inflows, than outflows
Capital inflows: $12.6M | Capital outflows: $2.43M
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
3% more funds holding
Funds holding: 60 → 62 (+2)
2.17% more ownership
Funds ownership: 18.76% → 20.92% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Saba Capital Management
New York
|
+$4.04M |
| 2 |
Logan Stone Capital
Chicago,
Illinois
|
+$1.07M |
| 3 |
LPL Financial
San Diego,
California
|
+$992K |
| 4 |
Nine Masts Capital
Central,
Hong Kong
|
+$918K |
| 5 |
Morgan Stanley
New York
|
+$834K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$386K |
| 2 |
Western Wealth Management
Golden,
Colorado
|
-$369K |
| 3 |
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$254K |
| 4 |
Weiss Asset Management
Boston,
Massachusetts
|
-$211K |
| 5 |
Aristides Capital
Louisville,
Kentucky
|
-$205K |
VCV Hedge Fund Activity: Q1 2024 in Review
62 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q1 2024, worth a combined $100M — up 13% from $88M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new VCV positions and 8 closed out — a net gain of 2 holders — while 19 added to existing stakes and 15 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $4.04M. The largest seller was Wells Fargo, cutting an estimated $386K.
- 62 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q1 2024, up from 60 in Q4 2023.
- Funds reported $100M of Invesco California Value Municipal Income Trust stock for Q1 2024, up 13% quarter-over-quarter.
- 10 funds opened new Invesco California Value Municipal Income Trust positions in Q1 2024 and 8 closed out, a net change of +2 holders.
- The largest Invesco California Value Municipal Income Trust buyer in Q1 2024 was Saba Capital Management, an estimated $4.04M added.
- The largest Invesco California Value Municipal Income Trust seller in Q1 2024 was Wells Fargo, an estimated $386K sold.
Based on aggregated 13F filings for Q1 2024.