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 $42.6M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 4 closing their positions.
4% more capital invested
Capital invested by funds: $41M → $42.6M (+$1.59M)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
4% less funds holding
Funds holding: 25 → 24 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $249K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.74M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$414K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$232K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$228K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$196K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$746K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$282K |
| 3 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
-$225K |
| 4 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
-$207K |
| 5 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$149K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
26
Mutual Advisors
Omaha,
Nebraska
| – | -$149K | -19,024 | Closed |
|
|
IAIM
27
International Assets Investment Management
Orlando,
Florida
| – | -$120K | -15,276 | Closed |
|
28
Jane Street
New York
| – | -$90K | -11,472 | Closed |
|
IHIT Hedge Fund Activity: Q3 2020 in Review
24 of the 4,956 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 Q3 2020, worth a combined $42.6M — up 3.9% from $41M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of IHIT and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 8 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $1.74M. The largest seller was Morgan Stanley, cutting an estimated $746K.
- 24 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q3 2020, down from 25 in Q2 2020.
- Funds reported $42.6M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q3 2020, up 3.9% quarter-over-quarter.
- 3 funds opened new Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share positions in Q3 2020 and 4 closed out, a net change of -1 holder.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share buyer in Q3 2020 was Shaker Financial Services, an estimated $1.74M added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q3 2020 was Morgan Stanley, an estimated $746K sold.
Based on aggregated 13F filings for Q3 2020.