INVESCO VALUE MUN INCOME TR IIM
COM · Closed-End Fund · CUSIP 46132P108
99
institutional holders
+3 vs Q1 2024
11.1m
shares reported held*
$136.5mreported value*
12 new
27 added
27 reduced
8 sold out
net sold ≈ $15.2m (-1.2m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $12.34.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 92 |
| Q4 2022 | 98 |
| Q1 2023 | 86 |
| Q2 2023 | 86 |
| Q3 2023 | 90 |
| Q4 2023 | 97 |
| Q1 2024 | 96 |
| Q2 2024 | 99 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 51 | 33 |
| Q1 2023 | 35 | 44 |
| Q2 2023 | 39 | 29 |
| Q3 2023 | 37 | 34 |
| Q4 2023 | 51 | 33 |
| Q1 2024 | 45 | 31 |
| Q2 2024 | 39 | 35 |
Biggest buyers
| Hennion & Walsh Asset Management, Inc. | Added | +170.1k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Added | +143.3k |
| Wealthspire Advisors, LLC | New | +95.7k |
| Quarry LP | Added | +70.6k |
| ABSOLUTE INVESTMENT ADVISERS, LLC | Added | +48.6k |
| Alpine Global Management, LLC | New | +40.0k |
| Rareview Capital LLC | Added | +38.8k |
| Advisors Asset Management, Inc. | Added | +34.2k |
| COMMONWEALTH EQUITY SERVICES, LLC | Added | +33.0k |
| NINE MASTS CAPITAL Ltd | Added | +31.7k |
Biggest sellers
| MORGAN STANLEY | Reduced | -999.7k |
| Livelsberger Financial Advisory | Sold out | -179.0k |
| Logan Stone Capital, LLC | Reduced | -155.8k |
| Leo Wealth, LLC | Sold out | -140.7k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Reduced | -84.6k |
| WOLVERINE ASSET MANAGEMENT LLC | Sold out | -67.5k |
| OSAIC HOLDINGS, INC. | Reduced | -62.9k |
| GUGGENHEIM CAPITAL LLC | Reduced | -62.2k |
| BANK OF AMERICA CORP /DE/ | Reduced | -49.1k |
| AQR Arbitrage LLC | Reduced | -42.2k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| JPMorgan Chase Bank, N.A. 13G · institution filed 2025-09-08 | 100.0% |
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Hennion & Walsh Asset Management, Inc. 0.70% of their portfolio | 1.1m $13.7m | Added +170.1k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.62% of their portfolio | 1.1m $13.1m | Added +143.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.0m $12.5m | Reduced -49.1k |
| GUGGENHEIM CAPITAL LLC 0.08% of their portfolio | 893.3k $11.0m | Reduced -62.2k |
| ROBINSON CAPITAL MANAGEMENT, LLC 2.65% of their portfolio | 596.6k $7.4m | Added +5.9k |
| MORGAN STANLEY 0.00% of their portfolio | 542.8k $6.7m | Reduced -999.7k |
| UBS Group AG 0.00% of their portfolio | 506.7k $6.3m | Reduced -16.3k |
| Advisors Asset Management, Inc. 0.12% of their portfolio | 481.1k $5.9m | Added +34.2k |
| Logan Stone Capital, LLC 1.43% of their portfolio | 447.8k $5.5m | Reduced -155.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 357.9k $4.4m | Reduced -25.1k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 344.2k $4.2m | Reduced -31.0k |
| AQR Arbitrage LLC 0.09% of their portfolio | 286.0k $3.5m | Reduced -42.2k |
| KENNEDY INVESTMENT GROUP, INC. 1.30% of their portfolio | 208.0k $2.6m | Reduced -13.0k |
| Fort Point Capital Partners LLC 0.31% of their portfolio | 197.2k $2.4m | Added +25.9k |
| SIT INVESTMENT ASSOCIATES INC 0.04% of their portfolio | 155.2k $1.9m | Reduced -27.5k |
| Rareview Capital LLC 1.68% of their portfolio | 142.1k $1.8m | Added +38.8k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 136.0k $1.7m | Added +33.0k |
| LPL Financial LLC 0.00% of their portfolio | 130.9k $1.6m | Reduced -10.7k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 130.0k $1.6m | Added +16.5k |
| Cetera Investment Advisers 0.00% of their portfolio | 123.1k $1.5m | Reduced -41.2k |
| NINE MASTS CAPITAL Ltd 0.40% of their portfolio | 105.3k $1.3m | Added +31.7k |
| BlackRock Inc. 0.00% of their portfolio | 103.4k $1.3m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 99.7k $1.2m | Reduced -24.1k |
| Wealthspire Advisors, LLC 0.02% of their portfolio | 95.7k $1.2m | New |
| Quarry LP 0.22% of their portfolio | 87.4k $1.1m | Added +70.6k |
| Westchester Capital Management, LLC 0.04% of their portfolio | 85.0k $1.0m | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 72.0k $888.0k | Reduced -62.9k |
| Capital Investment Advisors, LLC 0.02% of their portfolio | 70.0k $863.8k | Reduced -4.9k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 69.9k $862.8k | Added +12.7k |
| ROTHSCHILD INVESTMENT LLC 0.06% of their portfolio | 65.9k $813.5k | Unchanged |
| ABSOLUTE INVESTMENT ADVISERS, LLC 0.12% of their portfolio | 65.4k $807.0k | Added +48.6k |
| COHEN & STEERS, INC. 0.00% of their portfolio | 65.0k $802.0k | Unchanged |
| Private Advisor Group, LLC 0.01% of their portfolio | 63.1k $778.5k | Reduced -1.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 62.1k $766.0k | Reduced -16.9k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 55.3k $682.6k | Added +18.4k |
| Wealth Quarterback LLC 0.37% of their portfolio | 53.1k $655.7k | Added +238 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 51.0k $629.0k | Reduced -8.8k |
| Private Wealth Strategies, L.L.C. 0.12% of their portfolio | 49.5k $611.1k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 49.3k $608.0k | Reduced -7.1k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 44.9k $554.0k | Added +29.9k |
| GREAT VALLEY ADVISOR GROUP, INC. 0.02% of their portfolio | 43.6k $537.9k | Unchanged |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 42.1k $519.3k | Added +21.7k |
| Tyche Wealth Partners LLC 0.12% of their portfolio | 40.3k $497.6k | Unchanged |
| Alpine Global Management, LLC 0.09% of their portfolio | 40.0k $493.6k | New |
| Wagner Wealth Management, LLC 0.14% of their portfolio | 38.3k $472.2k | Added +16.9k |
| Davis Investment Partners, LLC 0.20% of their portfolio | 37.7k $476.5k | Added +552 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 36.9k $455.5k | Reduced -8.3k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 35.0k $431.4k | Added +3.4k |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.03% of their portfolio | 33.8k $416.9k | Unchanged |
| Gridiron Partners, LLC 0.23% of their portfolio | 28.7k $354.7k | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 28.2k $347.4k | Added +16.7k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio | 26.0k $321.2k | Reduced -84.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 23.6k $291.4k | Unchanged |
| Fortitude Advisory Group L.L.C. 0.17% of their portfolio | 22.4k $276.4k | Unchanged |
| NOMURA HOLDINGS INC 0.00% of their portfolio | 22.2k $274.3k | Added +5.0k |
| Mariner, LLC 0.00% of their portfolio | 22.2k $273.6k | Reduced -9.0k |
| Catalina Capital Group, LLC 0.10% of their portfolio | 21.5k $265.2k | New |
| Family Manage LLC 0.05% of their portfolio | 21.0k $259.7k | Unchanged |
| Citizens National Bank Trust Department 0.06% of their portfolio | 20.4k $251.7k | Reduced -9.0k |
| HOLLENCREST CAPITAL MANAGEMENT 0.01% of their portfolio | 18.9k $233.0k | Unchanged |
| Beacon Pointe Advisors, LLC 0.00% of their portfolio | 17.8k $219.3k | Reduced -2.2k |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 16.7k $206.1k | Unchanged |
| Tradewinds, LLC. 0.06% of their portfolio | 16.7k $205.5k | New |
| Ashton Thomas Private Wealth, LLC 0.01% of their portfolio | 15.0k $185.1k | Unchanged |
| WEDBUSH SECURITIES INC 0.01% of their portfolio | 13.3k $164.0k | Added +2.0k |
| US BANCORP \DE\ 0.00% of their portfolio | 13.1k $161.6k | Unchanged |
| TIAA TRUST, NATIONAL ASSOCIATION 0.00% of their portfolio | 12.3k $152.0k | New |
| Waverly Advisors, LLC 0.00% of their portfolio | 11.7k $144.2k | New |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 11.3k $138.9k | Reduced -2.2k |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 10.8k $132.8k | Unchanged |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 10.3k $126.5k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 7.4k $91.7k | Added +624 |
| Bramshill Investments, LLC 0.01% of their portfolio | 4.5k $55.7k | New |
| Sandy Spring Bank 0.00% of their portfolio | 4.0k $49.4k | Unchanged |
| M&R CAPITAL MANAGEMENT INC 0.01% of their portfolio | 3.3k $40.7k | Unchanged |
| Hilltop National Bank 0.01% of their portfolio | 3.0k $36.5k | Reduced -3.6k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 2.3k $28.3k | Unchanged |
| Sugarloaf Wealth Management, LLC 0.01% of their portfolio | 2.0k $24.7k | Added +30 |
| Colonial Trust Co / SC 0.00% of their portfolio | 2.0k $24.3k | New |
| AdvisorNet Financial, Inc 0.00% of their portfolio | 1.9k $23.3k | Unchanged |
| MATHER GROUP, LLC. 0.00% of their portfolio | 1.7k $20.6k | New |
| CoreCap Advisors, LLC 0.00% of their portfolio | 1.1k $13.1k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 1.0k $12.3k | Unchanged |
| WEST PACES ADVISORS INC. 0.00% of their portfolio | 975 $12.0k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 748 $9.2k | Reduced -96 |
| MACROVIEW INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 695 $8.6k | Unchanged |
| First Horizon Advisors, Inc. 0.00% of their portfolio | 600 $7.4k | Unchanged |
| Larson Financial Group LLC 0.00% of their portfolio | 600 $7.4k | New |
| Allworth Financial LP 0.00% of their portfolio | 550 $6.7k | Unchanged |
| CAROLINAS WEALTH CONSULTING LLC 0.00% of their portfolio | 500 $6.2k | Unchanged |
| Anchor Investment Management, LLC 0.00% of their portfolio | 422 $5.2k | Unchanged |
| Beacon Capital Management, LLC 0.00% of their portfolio | 402 $5.0k | Added +1 |
| Financial Perspectives, Inc 0.00% of their portfolio | 319 $3.9k | Unchanged |
| Investors Research Corp 0.00% of their portfolio | 274 $3.4k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 201 $2.5k | Unchanged |
| Kozak & Associates, Inc. 0.00% of their portfolio | 198 $2.5k | Added +2 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 4 $49 | Added +2 |
| FMR LLC 0.00% of their portfolio | 1 $12 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |