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.
26 hedge funds and large institutions have $42.6M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
8% more funds holding
Funds holding: 24 → 26 (+2)
5% more capital invested
Capital invested by funds: $40.6M → $42.6M (+$2.08M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
+$288K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$272K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$196K |
| 4 |
FIA
FNY Investment Advisers
New York
|
+$171K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.29M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$128K |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$21.2K |
| 4 |
Citigroup
New York
|
-$12K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMP
26
Financial Management Professionals
Austin,
Texas
| $4K | – | – | – |
|
|
RJA
27
Raymond James & Associates
St Petersburg,
Florida
| – | -$128K | -12,905 | Closed |
|
|
28
Citigroup
New York
| – | -$12K | -1,171 | Closed |
|
|
SF
29
Synovus Financial
Columbus,
Georgia
| – | -$8K | -800 | Closed |
|
IHIT Hedge Fund Activity: Q1 2019 in Review
26 of the 4,620 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 2019, worth a combined $42.6M — up 5.1% from $40.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new IHIT positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Cypress Wealth Services, opening a new position worth an estimated $288K. The largest seller was Morgan Stanley, cutting an estimated $1.29M.
- 26 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q1 2019, up from 24 in Q4 2018.
- Funds reported $42.6M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q1 2019, up 5.1% quarter-over-quarter.
- 5 funds opened new Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share positions in Q1 2019 and 3 closed out, a net change of +2 holders.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share buyer in Q1 2019 was Cypress Wealth Services, an estimated $288K added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q1 2019 was Morgan Stanley, an estimated $1.29M sold.
Based on aggregated 13F filings for Q1 2019.