Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Calif Value Mun Inco (VCV)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
57%

Smart Money Signals — VCV

Based on 55 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their VCV 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 — 92% of 3.0Y peak

92% of all-time peak
55 funds currently hold this stock — 92% of the 3.0-year high of 60 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+4 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

27 buying20 selling
Last quarter: 27 funds bought or added vs 20 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 (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 2 → 6 → 13 → 6. 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.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 15% medium ■ 18% new
37 out of 55 hedge funds have held VCV 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 — ~6 new funds/quarter

5 → 2 → 6 → 13 → 6 new funds/Q
New funds entering each quarter: 2 → 6 → 13 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 71% veterans vs 18% newcomers

■ 71% veterans ■ 11% 1-2yr ■ 18% new
Entry-cohort mix of 55 holders: 39 (71%) are 2+ year veterans, 6 entered 1–2 years ago, and 10 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
9 of 55 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in VCV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — VCV

In 2026 Q1, 27 hedge funds were net buyers of VCV (6 opened a new position, 21 added to an existing one), while 20 reduced or exited (11 trimmed, 9 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 51% of total institutional value in VCV is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 55.

Hedge Fund Ownership: VCV

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

Market Analysis: VCV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: VCV

-- --

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

Is It Too Late to Buy Invesco Calif Value Mun Inco (VCV) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much VCV has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 82d ago
VCV
+2.1%
XLF
+8.5%

VCV outperformed XLF by -6.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
VCV
+0.9%
XLF
+4.8%

Since the filing became public, VCV outperformed XLF by -3.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: VCV
55 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 55 58 -5.17%
13F Shares 8M 8M 3.45%
Total Value $86M $89M -3.4%
New Positions 6 13 -7
Increased Positions 21 19 +2
Closed Positions 9 1 +8
Reduced Positions 11 9 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: VCV

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Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

55 + investors

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

QUARTER:
Top 25 VCV holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 ProCore Advisors, LLC 0.59% 36,574 $382K
2 Pacific Wealth Strategies Group, Inc. 0.43% 66,683 $696K
3 Argyle Capital Partners, LLC 0.35% 46,164 $482K
4 Advisors Asset Management, Inc. 0.21% 1,232,902 $12.9M
5 Core Wealth Partners LLC 0.20% 40,866 $427K
6 Clay Northam Wealth Management, LLC 0.17% 29,066 $303K
7 Hennion & Walsh Asset Management, Inc. 0.17% 471,296 $4.9M
8 Cypress Wealth Services, LLC 0.10% 70,418 $735K
9 Guggenheim Capital LLC 0.09% 1,170,090 $12.2M
10 Tcfg Wealth Management, LLC 0.05% 13,456 $140K
11 TCFG Investment Advisors, LLC 0.05% 13,456 $140K
12 Vivaldi Capital Management LP 0.05% 34,560 $361K
13 Kercheville Advisors, LLC 0.04% 13,000 $136K
14 TriaGen Wealth Management LLC 0.03% 10,300 $108K
15 RB Capital Management, LLC 0.03% 12,711 $133K
16 WestHill Financial Advisors, Inc. 0.02% 11,925 $124K
17 NWF Advisory Services Inc. 0.02% 17,300 $181K
18 Eclectic Associates Inc /Adv 0.02% 13,197 $138K
19 Mirador Capital Partners LP 0.02% 11,780 $123K
20 Western Wealth Management, LLC 0.02% 44,519 $465K
21 Evoke Wealth, LLC 0.01% 58,162 $607K
22 SteelPeak Wealth, LLC 0.01% 15,800 $165K
23 Savvy Advisors, Inc. 0.00% 17,030 $178K
24 D.A. Davidson & CO. 0.00% 71,357 $745K
25 Independent Financial Group, LLC 0.00% 11,784 $123K
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 Calif Value Mun Inco (VCV)

What does the Smart Money Trend signal show for VCV?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their VCV 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 VCV?

Slight buying edge — 57% buying: Last quarter: 27 funds bought or added vs 20 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 VCV holders?

Elite ownership — 51% AUM from top-100 funds: 9 of 55 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in VCV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held VCV?

67% of holders stayed for 2+ years: 37 out of 55 hedge funds have held VCV 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.

Is it too late to buy Invesco Calif Value Mun Inco (VCV) following the 2026 Q1 hedge fund 13F filings?

As of today, VCV has moved +0.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of -3.9%. Since the quarter end (March 31, 2026), VCV has gained +2.1% vs +8.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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