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.
34 hedge funds and large institutions have $50M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 4 reducing their positions, and 3 closing their positions.
225% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 4
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
17% more funds holding
Funds holding: 29 → 34 (+5)
12% more capital invested
Capital invested by funds: $44.6M → $50M (+$5.37M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$1.44M |
| 2 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
+$583K |
| 3 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$568K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$509K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$855K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$282K |
| 3 |
FIA
FNY Investment Advisers
New York
|
-$105K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$65.1K |
| 5 |
Morgan Stanley
New York
|
-$20K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Commonwealth Equity Services
Waltham,
Massachusetts
| $109K | +$506 | +48 | +0.5% |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $108K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $92K | +$80.9K | +7,677 | +768% |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $83K | – | – | – |
|
|
BWA
30
BDO Wealth Advisors
Jacksonville,
Florida
| $57K | – | – | – |
|
|
CFG
31
Citizens Financial Group
Providence,
Rhode Island
| $44K | +$44.5K | +4,217 | New |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $42K | – | – | – |
|
|
SPIA
33
Steward Partners Investment Advisory
New York
| $31K | +$11.3K | +1,075 | +57% |
|
|
WQ
34
Wealth Quarterback
Toms River,
New Jersey
| $28.1K | +$28.1K | +2,662 | New |
|
|
FIA
35
FNY Investment Advisers
New York
| – | -$105K | -10,123 | Closed |
|
36
Northern Trust
Chicago,
Illinois
| – | -$1K | -10,000 | Closed |
|
|
PCG
37
Private Capital Group
West Hartford,
Connecticut
| – | -$13K | -1,200 | Closed |
|
IHIT Hedge Fund Activity: Q4 2019 in Review
34 of the 5,075 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 2019, worth a combined $50M — up 12% from $44.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new IHIT positions and 3 closed out — a net gain of 6 holders — while 13 added to existing stakes and 4 trimmed.
The largest buyer was Integrated Wealth Concepts, adding an estimated $1.44M. The largest seller was Shaker Financial Services, cutting an estimated $855K.
- 34 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q4 2019, up from 29 in Q3 2019.
- Funds reported $50M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q4 2019, up 12% 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 2019 and 3 closed out, a net change of +6 holders.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share buyer in Q4 2019 was Integrated Wealth Concepts, an estimated $1.44M added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q4 2019 was Shaker Financial Services, an estimated $855K sold.
Based on aggregated 13F filings for Q4 2019.