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.
28 hedge funds and large institutions have $48.1M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 6 closing their positions.
4% more capital invested
Capital invested by funds: $46.4M → $48.1M (+$1.68M)
15% less funds holding
Funds holding: 33 → 28 (-5)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$568K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$345K |
| 4 |
LPL Financial
San Diego,
California
|
+$175K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.64M |
| 2 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
-$1.09M |
| 3 |
Morgan Stanley
New York
|
-$503K |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$448K |
| 5 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$324K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KFI
26
Key Financial Inc
West Chester,
Pennsylvania
| $14K | – | – | – |
|
27
Rockefeller Capital Management
New York
| $13K | -$11.6K | -1,286 | -46% |
|
|
SFS
28
Shaker Financial Services
Arlington,
Virginia
| – | -$2.64M | -313,172 | Closed |
|
|
ACM
29
Arlington Capital Management
Arlington Heights,
Illinois
| – | -$324K | -38,451 | Closed |
|
30
Jane Street
New York
| – | -$136K | -16,189 | Closed |
|
31
Millennium Management
New York
| – | -$114K | -13,517 | Closed |
|
|
HF
32
HRT Financial
New York
| – | -$92K | -11,000 | Closed |
|
|
BWA
33
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$10K | -1,200 | Closed |
|
34
Fidelity Investments
Boston,
Massachusetts
| – | +$9 | +1 | New |
|
IHIT Hedge Fund Activity: Q1 2021 in Review
28 of the 5,695 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 2021, worth a combined $48.1M — up 3.6% from $46.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of IHIT and 2 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 9 added.
The largest buyer was Sit Investment Associates, adding an estimated $2M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.64M sold.
- 28 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q1 2021, down from 33 in Q4 2020.
- Funds reported $48.1M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q1 2021, up 3.6% quarter-over-quarter.
- 2 funds opened new Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share positions in Q1 2021 and 6 closed out, a net change of -4 holders.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share buyer in Q1 2021 was Sit Investment Associates, an estimated $2M added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q1 2021 was Shaker Financial Services, an estimated $2.64M sold.
Based on aggregated 13F filings for Q1 2021.