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.
13 hedge funds and large institutions have $33.2M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 13 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
11% more capital invested
Capital invested by funds: $29.8M → $33.2M (+$3.43M)
41% less funds holding
Funds holding: 22 → 13 (-9)
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.51M |
| 2 |
LPL Financial
San Diego,
California
|
+$831K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$655K |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$590K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$465K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$392K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$235K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$174K |
| 4 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
-$147K |
| 5 |
Squarepoint
New York
|
-$134K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| – | -$9K | -927 | Closed |
|
IHIT Hedge Fund Activity: Q1 2018 in Review
13 of the 4,363 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 Q1 2018, worth a combined $33.2M — up 11% from $29.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of IHIT and 4 opened new positions — a net loss of 9 holders — while 1 trimmed existing stakes and 5 added.
The largest buyer was Morgan Stanley, adding an estimated $2.51M. The largest seller was Stratos Wealth Partners, exiting entirely with an estimated $392K sold.
- 13 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q1 2018, down from 22 in Q4 2017.
- Funds reported $33.2M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q1 2018, up 11% quarter-over-quarter.
- 4 funds opened new Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share positions in Q1 2018 and 13 closed out, a net change of -9 holders.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share buyer in Q1 2018 was Morgan Stanley, an estimated $2.51M added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q1 2018 was Stratos Wealth Partners, an estimated $392K sold.
Based on aggregated 13F filings for Q1 2018.