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.
24 hedge funds and large institutions have $40.6M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and 4 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
26% more funds holding
Funds holding: 19 → 24 (+5)
13% more capital invested
Capital invested by funds: $35.7M → $40.6M (+$4.82M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.01M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$563K |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$296K |
| 4 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
+$218K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.21M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$929K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$75K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$61K |
| 5 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
-$44K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| – | -$75K | -7,535 | Closed |
|
|
27
UBS Group
Zurich,
Switzerland
| – | -$61K | -6,124 | Closed |
|
|
APP
28
Avantax Planning Partners
Dubuque,
Iowa
| – | -$44K | -4,477 | Closed |
|
IHIT Hedge Fund Activity: Q4 2018 in Review
24 of the 4,488 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 2018, worth a combined $40.6M — up 13% from $35.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new IHIT positions and 4 closed out — a net gain of 5 holders — while 10 added to existing stakes and 2 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.01M. The largest seller was Wells Fargo, cutting an estimated $1.21M.
- 24 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q4 2018, up from 19 in Q3 2018.
- Funds reported $40.6M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q4 2018, up 13% quarter-over-quarter.
- 9 funds opened new Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share positions in Q4 2018 and 4 closed out, a net change of +5 holders.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share buyer in Q4 2018 was Morgan Stanley, an estimated $2.01M added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q4 2018 was Wells Fargo, an estimated $1.21M sold.
Based on aggregated 13F filings for Q4 2018.