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.
32 hedge funds and large institutions have $51.1M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
10% more funds holding
Funds holding: 29 → 32 (+3)
6% more capital invested
Capital invested by funds: $48.2M → $51.1M (+$2.92M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.86M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$964K |
| 3 |
Morgan Stanley
New York
|
+$664K |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$602K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$404K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$212K |
| 2 |
HIA
Harbor Investment Advisory
Lutherville,
Maryland
|
-$128K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$55K |
| 4 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
-$47.7K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$46.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| $94K | -$14.6K | -1,502 | -13% |
|
|
CPIG
27
Chicago Partners Investment Group
Chicago,
Illinois
| $90K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $63K | +$21.4K | +2,200 | +49% |
|
29
US Bancorp
Minneapolis,
Minnesota
| $52K | -$10.3K | -1,060 | -16% |
|
30
Rockefeller Capital Management
New York
| $31K | – | – | – |
|
|
HIA
31
Harbor Investment Advisory
Lutherville,
Maryland
| $29K | -$128K | -13,167 | -81% |
|
|
KFI
32
Key Financial Inc
West Chester,
Pennsylvania
| $14K | – | – | – |
|
|
33
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$55K | -5,672 | Closed |
|
IHIT Hedge Fund Activity: Q4 2021 in Review
32 of the 6,498 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 2021, worth a combined $51.1M — up 6% from $48.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new IHIT positions and 2 closed out — a net gain of 3 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.86M. The largest seller was Bank of America, cutting an estimated $212K.
- 32 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q4 2021, up from 29 in Q3 2021.
- Funds reported $51.1M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q4 2021, up 6% 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 Q4 2021 and 2 closed out, a net change of +3 holders.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share buyer in Q4 2021 was Wells Fargo, an estimated $1.86M added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q4 2021 was Bank of America, an estimated $212K sold.
Based on aggregated 13F filings for Q4 2021.