Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share
IHIT
IHIT was delisted on the 27th of November, 2023.
22 hedge funds and large institutions have $29.8M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 5 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
47% more funds holding
Funds holding: 15 → 22 (+7)
20% more capital invested
Capital invested by funds: $24.8M → $29.8M (+$5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.78M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.63M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.51M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$240K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$178K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$182K |
| 2 |
VF
Virtu Financial
New York
|
-$126K |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$101K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$21.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
UBS Group
Zurich,
Switzerland
| – | -$8K | -778 | Closed |
|
|
PCM
27
Penserra Capital Management
Orinda,
California
| – | -$3K | -312 | Closed |
|
IHIT Hedge Fund Activity: Q4 2017 in Review
22 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) for Q4 2017, worth a combined $29.8M — up 20% from $24.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new IHIT positions and 5 closed out — a net gain of 7 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.78M. The largest seller was Goldman Sachs, exiting entirely with an estimated $182K sold.
- 22 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q4 2017, up from 15 in Q3 2017.
- Funds reported $29.8M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q4 2017, up 20% quarter-over-quarter.
- 12 funds opened new Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share positions in Q4 2017 and 5 closed out, a net change of +7 holders.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share buyer in Q4 2017 was Morgan Stanley, an estimated $1.78M added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q4 2017 was Goldman Sachs, an estimated $182K sold.
Based on aggregated 13F filings for Q4 2017.