Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Value Mun Income Tr (IIM)

87 + Investors. Track Smart Money conviction in IIM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -7
Streak
2Q ▼
Buyers last Q
57%

Smart Money Signals — IIM

Based on 87 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their IIM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
87 funds currently hold this stock — 90% of the 3.0-year high of 97 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding IIM is almost the same as a year ago (-2 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 57% buying

40 buying30 selling
Last quarter: 40 funds bought or added vs 30 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-10 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 9 → 17 → 17 → 7. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 26% medium ■ 13% new
53 out of 87 hedge funds have held IIM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~7 new funds/quarter

13 → 9 → 17 → 17 → 7 new funds/Q
New funds entering each quarter: 9 → 17 → 17 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 69% veterans vs 21% newcomers

■ 69% veterans ■ 10% 1-2yr ■ 21% new
Entry-cohort mix of 87 holders: 60 (69%) are 2+ year veterans, 9 entered 1–2 years ago, and 18 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
13 of 87 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — IIM

In 2026 Q2, 40 hedge funds were net buyers of IIM (7 opened a new position, 33 added to an existing one), while 30 reduced or exited (16 trimmed, 14 sold completely) — a 57% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 38% of total institutional value in IIM is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 87.

Hedge Fund Ownership: IIM

How many hedge funds hold IIM — quarterly history vs. share price
Quarterly hedge fund ownership of IIM vs. share price

Market Analysis: IIM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IIM

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: IIM
87 + Investors

Track Smart Money conviction in IIM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 87 94 -7.45%
13F Shares 8M 8M -1.77%
Total Value $102M $95M 7.68%
New Positions 7 17 -10
Increased Positions 33 29 +4
Closed Positions 14 18 -4
Reduced Positions 16 18 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: IIM

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Institutional Holders (2026 Q2)

87 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in IIM. Verified SEC 13F-HR filings.

QUARTER:
Top 25 IIM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Wagner Wealth Management, LLC 0.81% 341,853 $4.4M
2 Whipplewood Advisors, LLC 0.69% 80,630 $1.0M
3 Hennion & Walsh Asset Management, Inc. 0.42% 1,162,995 $14.8M
4 Zinnia Wealth Advisory, LLC 0.19% 14,546 $185K
5 Davis Investment Partners, LLC 0.17% 43,816 $558K
6 Fortitude Advisory Group L.L.C. 0.14% 28,520 $363K
7 Lauer Wealth, LLC 0.13% 16,500 $212K
8 Wealth Quarterback LLC 0.12% 31,067 $395K
9 Gridiron Partners, LLC 0.09% 13,456 $171K
10 Guggenheim Capital LLC 0.08% 986,932 $12.6M
11 LexAurum Advisors, LLC 0.07% 44,520 $567K
12 Tyche Wealth Partners LLC 0.06% 34,840 $444K
13 WESCAP Management Group, Inc. 0.05% 20,244 $258K
14 River Street Advisors LLC 0.05% 12,514 $159K
15 HUB Investment Partners, LLC 0.04% 169,996 $2.2M
16 Uniting Wealth Partners, LLC 0.04% 13,926 $177K
17 Plan Group Financial, LLC 0.03% 12,865 $164K
18 Vaquero Private Wealth, Ltd 0.03% 11,451 $146K
19 Family Manage LLC 0.02% 17,526 $223K
20 Citizens National Bank Trust Department 0.02% 12,100 $154K
21 Maridea Wealth Management LLC 0.02% 12,160 $155K
22 Cornerstone Wealth Management, LLC 0.02% 28,213 $359K
23 Hollencrest Capital Management 0.02% 18,180 $231K
24 Aventura Private Wealth, LLC 0.01% 3,500 $45K
25 Retirement Planning Group, LLC 0.01% 38,862 $495K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Invesco Value Mun Income Tr (IIM)

What does the Smart Money Trend signal show for IIM?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their IIM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for IIM?

Slight buying edge — 57% buying: Last quarter: 40 funds bought or added vs 30 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for IIM holders?

Strong quality — 38% AUM from major funds: 13 of 87 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held IIM?

61% of holders stayed for 2+ years: 53 out of 87 hedge funds have held IIM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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