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Invesco Value Municipal Income Trust

IIM
Exchange
NYSE
SEC CIK
0000885601

No open-market purchases or sales by Invesco Value Municipal Income Trust insiders were filed in the last 90 days; 87 institutions reported holding it in 13F filings for Q2 2026, worth $102.5M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Invesco Value Municipal Income Trust as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
94
+8 vs. Q3 2025
Shares held
8.77M
+86.3K (+1.0%) vs. Q3 2025
Total value
$108.0M
+$640.0K (+0.6%) vs. Q3 2025
New holders
16
28 more added
Sold out
8
19 more reduced

1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting IIM on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 94 institutions
Q1 2021: 87 institutionsQ2 2021: 86 institutionsQ3 2021: 88 institutionsQ4 2021: 84 institutionsQ1 2022: 87 institutionsQ2 2022: 88 institutionsQ3 2022: 91 institutionsQ4 2022: 98 institutionsQ1 2023: 86 institutionsQ2 2023: 85 institutionsQ3 2023: 89 institutionsQ4 2023: 95 institutionsQ1 2024: 95 institutionsQ2 2024: 98 institutionsQ3 2024: 94 institutionsQ4 2024: 100 institutionsQ1 2025: 88 institutionsQ2 2025: 89 institutionsQ3 2025: 87 institutionsQ4 2025: 94 institutionsQ1 2026: 96 institutionsQ2 2026: 87 institutions
Value heldQ4 2025: $108.0M
Q1 2021: $137.8MQ2 2021: $121.3MQ3 2021: $109.8MQ4 2021: $108.7MQ1 2022: $85.9MQ2 2022: $90.7MQ3 2022: $82.4MQ4 2022: $102.1MQ1 2023: $102.1MQ2 2023: $104.8MQ3 2023: $93.5MQ4 2023: $118.5MQ1 2024: $134.8MQ2 2024: $136.0MQ3 2024: $130.3MQ4 2024: $120.9MQ1 2025: $111.9MQ2 2025: $102.8MQ3 2025: $108.1MQ4 2025: $108.0MQ1 2026: $100.0MQ2 2026: $102.5M
Institutions holding IIM and their total value by quarter
QuarterHoldersValue
Q2 202687$102.5M
Q1 202696$100.0M
Q4 202594$108.0M
Q3 202587$108.1M
Q2 202589$102.8M
Q1 202588$111.9M
Q4 2024100$120.9M
Q3 202494$130.3M
Q2 202498$136.0M
Q1 202495$134.8M
Q4 202395$118.5M
Q3 202389$93.5M
Q2 202385$104.8M
Q1 202386$102.1M
Q4 202298$102.1M
Q3 202291$82.4M
Q2 202288$90.7M
Q1 202287$85.9M
Q4 202184$108.7M
Q3 202188$109.8M
Q2 202186$121.3M
Q1 202187$137.8M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Invesco Value Municipal Income Trust; share changes are against Q3 2025.

Institutions holding IIM in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bank of America Corp1,688,099$20.8M0.00%+89,035+5.6%Added
Guggenheim Capital LLC1,119,319$13.8M0.10%+208,989+23.0%Added
Morgan Stanley674,730$8.31M0.00%+8,611+1.3%Added
Hennion & Walsh Asset Management, Inc.634,555$7.82M0.27%−193,120−23.3%Reduced
UBS Group AG588,281$7.25M0.00%+4,652+0.8%Added
Wells Fargo & Company570,871$7.03M0.00%−19,337−3.3%Reduced
Raymond James Financial Inc245,867$3.03M0.00%+31,880+14.9%Added
LPL Financial LLC241,967$2.98M0.00%−52,696−17.9%Reduced
Van Eck Associates Corp240,665$2.96M0.00%+4,755+2.0%Added
Wagner Wealth Management, LLC233,176$2.87M0.61%+103,238+79.5%Added
Robinson Capital Management, LLC232,777$2.87M1.20%−35,200−13.1%Reduced
TCG Advisory Services, LLC169,496$2.09M0.06%+169,496New
Cetera Investment Advisers157,366$1.94M0.00%+1,211+0.8%Added
Commonwealth Equity Services, LLC153,548$1.89M0.00%+9,298+6.4%Added
Advisors Asset Management, Inc.130,650$1.61M0.03%−59,897−31.4%Reduced
GWM Advisors LLC122,661$1.51M0.01%+21,634+21.4%Added
Stifel Financial Corp108,117$1.33M0.00%+8,675+8.7%Added
Advisor Group Holdings, Inc.96,256$1.19M0.00%+9,694+11.2%Added
Rockefeller Capital Management L.P.91,154$1.12M0.00%−3,791−4.0%Reduced
Whipplewood Advisors, LLC82,956$1.02M0.66%−858−1.0%Reduced
D.A. Davidson & Co.72,538$893.7K0.01%+3,000+4.3%Added
Royal Bank of Canada65,322$804.0K0.00%+5,468+9.1%Added
Ameriprise Financial Inc55,297$681.3K0.00%−261−0.5%Reduced
Wealth Quarterback LLC54,191$667.6K0.24%−157−0.3%Reduced
HRT Financial LP53,266$656.0K0.00%+53,266New
Capital Investment Advisors, LLC51,464$634.0K0.01%−6,726−11.6%Reduced
Lido Advisors, LLC49,521$621.5K0.00%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.43,929$541.0K0.00%+1,713+4.1%Added
Wiley Bros.-Aintree Capital, LLC43,356$534.1K0.00%+43,356New
Davis Investment Partners, LLC42,213$521.3K0.18%+777+1.9%Added
Tyche Wealth Partners LLC34,840$429.2K0.07%−495−1.4%Reduced
Jane Street Group, LLC30,125$371.1K0.00%+30,125New
Gridiron Partners, LLC28,741$354.1K0.20%−121,909−80.9%Reduced
Private Advisor Group, LLC26,697$328.9K0.00%−21,772−44.9%Reduced
Fortitude Advisory Group L.L.C.26,600$327.7K0.14%00.0%Unchanged
Goldman Sachs Group Inc24,713$304.5K0.00%+1,100+4.7%Added
CIBC Private Wealth Group, LLC24,324$299.7K0.00%+17,642+264.0%Added
Savant Capital, LLC23,317$287.3K0.00%+11,848+103.3%Added
Catalina Capital Group, LLC22,641$278.9K0.17%00.0%Unchanged
Closed-End Fund Advisors, Inc.22,641$278.9K0.16%+22,641New
Ashton Thomas Private Wealth, LLC19,321$238.0K0.01%00.0%Unchanged
Nuveen, LLC19,251$237.2K0.00%00.0%Unchanged
Mariner, LLC19,223$236.8K0.00%+108+0.6%Added
Susquehanna International Group, LLP17,946$221.1K0.00%+17,946New
Cornerstone Wealth Management, LLC17,906$220.6K0.01%+1,769+11.0%Added
Family Management Corp17,526$215.9K0.03%00.0%Unchanged
Lauer Wealth, LLC16,500$206.9K0.16%00.0%Unchanged
Hollencrest Capital Management16,167$199.2K0.01%+4,037+33.3%Added
Integrated Wealth Concepts LLC15,200$187.3K0.00%−3,000−16.5%Reduced
Concurrent Investment Advisors, LLC14,931$183.9K0.00%00.0%Unchanged
Beacon Pointe Advisors, LLC14,649$180.5K0.00%+270+1.9%Added
Zinnia Wealth Advisory, LLC14,015$172.7K0.19%+14,015New
Virtu Financial LLC13,751$169.0K0.01%+13,751New
US Bancorp13,097$161.4K0.00%00.0%Unchanged
Plan Group Financial, LLC12,865$158.5K0.04%00.0%Unchanged
Nelson, Van Denburg & Campbell Wealth Management Group, LLC12,600$155.2K0.00%+12,600New
River Street Advisors LLC12,514$154.2K0.06%00.0%Unchanged
Maridea Wealth Management LLC12,160$149.8K0.02%00.0%Unchanged
Citizens National Bank Trust Department12,100$149.1K0.03%−1,200−9.0%Reduced
Legacy Advisors, LLC12,080$148.8K0.02%+12,080New
Wealth Enhancement Advisory Services, LLC10,886$135.6K0.00%00.0%Unchanged
Oppenheimer & Co Inc10,121$124.7K0.00%+38+0.4%Added
Wedbush Securities Inc10,031$124.0K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co7,635$94.1K0.00%00.0%Unchanged
Kestra Advisory Services, LLC6,671$82.2K0.00%−24,136−78.3%Reduced
Hilltop National Bank4,208$51.8K0.01%00.0%Unchanged
The PNC Financial Services Group, Inc.4,188$51.6K0.00%−7,850−65.2%Reduced
Atlantic Union Bankshares Corp4,000$49.3K0.00%−332−7.7%Reduced
Steward Partners Investment Advisory, LLC4,000$49.3K0.00%−164−3.9%Reduced
Aventura Private Wealth, LLC3,500$43.1K0.02%00.0%Unchanged
Garton & Associates Financial Advisors LLC3,363$41.4K0.02%+3,363New
Allworth Financial LP2,891$35.6K0.00%+34+1.2%Added
AdvisorNet Financial, Inc1,885$23.2K0.00%00.0%Unchanged
Darwin Advisors, LLC1,473$18.1K0.01%00.0%Unchanged
CoreCap Advisors, LLC1,358$16.7K0.00%00.0%Unchanged
Measured Wealth Private Client Group, LLC1,334$16.4K0.00%00.0%Unchanged
Global Retirement Partners, LLC1,290$15.9K0.00%+290+29.0%Added
Highline Wealth Partners LLC1,000$12.3K0.00%00.0%Unchanged
CWM, LLC1,014$12.0K0.00%00.0%Unchanged
McGuire Capital Advisors Inc606$7.46K0.00%+606New
First Horizon Corp600$7.39K0.00%00.0%Unchanged
Rothschild Investment LLC425$5.24K0.00%00.0%Unchanged
Anchor Investment Management, LLC422$5.20K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)398$4.90K0.00%+394+9,850.0%Added
JPMorgan Chase & Co374$4.61K0.00%00.0%Unchanged
Financial Perspectives, Inc319$3.93K0.00%00.0%Unchanged
Pinnacle Wealth Planning Services, Inc.300$3.70K0.00%+300New
Investors Research Corp274$3.38K0.00%00.0%Unchanged
Flagship Harbor Advisors, LLC274$3.38K0.00%+274New
GAMMA Investing LLC251$3.09K0.00%00.0%Unchanged
Kozak & Associates, Inc.222$2.79K0.00%+3+1.4%Added
Signaturefd, LLC201$2.48K0.00%00.0%Unchanged
CDKV Holdings LLC22$2720.00%+22New
International Assets Investment Management, LLC1$120.00%+1New
Sit Investment Associates Inc0$00.00%−128,274−100.0%Sold out
Kennedy Investment Group0$00.00%−111,076−100.0%Sold out
Great Valley Advisor Group, Inc.0$00.00%−43,592−100.0%Sold out
Uniting Wealth Partners, LLC0$00.00%−13,686−100.0%Sold out
Smartleaf Asset Management LLC0$00.00%−4,333−100.0%Sold out
Curio Wealth, LLC0$00.00%−2,347−100.0%Sold out