Invesco California Value Municipal Income Trust
VCV
62 hedge funds and large institutions have $99.7M invested in Invesco California Value Municipal Income Trust in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
3% more funds holding
Funds holding: 60 → 62 (+2)
4% less capital invested
Capital invested by funds: $103M → $99.7M (-$3.64M)
1.09% less ownership
Funds ownership: 22.02% → 20.92% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.04M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.07M |
| 3 |
LPL Financial
San Diego,
California
|
+$992K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$918K |
| 5 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
+$720K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$386K |
| 3 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$369K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$254K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$211K |
VCV Hedge Fund Activity: Q1 2024 in Review
62 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco California Value Municipal Income Trust (VCV) for Q1 2024, worth a combined $99.7M — down 3.5% from $103M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new VCV positions and 8 closed out — a net gain of 2 holders — while 18 added to existing stakes and 16 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $4.04M. The largest seller was Morgan Stanley, cutting an estimated $14.4M.
- 62 institutional investors held Invesco California Value Municipal Income Trust (VCV) as of Q1 2024, up from 60 in Q4 2023.
- Funds reported $99.7M of Invesco California Value Municipal Income Trust stock for Q1 2024, down 3.5% 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 Morgan Stanley, an estimated $14.4M sold.
Based on aggregated 13F filings for Q1 2024.