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.
33 hedge funds and large institutions have $47.2M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 4 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
3% more funds holding
Funds holding: 32 → 33 (+1)
8% less capital invested
Capital invested by funds: $51.1M → $47.2M (-$3.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.3M |
| 2 |
Morgan Stanley
New York
|
+$1.72M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.21M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$822K |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.01M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.01M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$388K |
| 4 |
HCM
Howland Capital Management
Boston,
Massachusetts
|
-$177K |
| 5 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
-$100K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Commonwealth Equity Services
Waltham,
Massachusetts
| $98K | +$509 | +57 | +0.5% |
|
27
Luther King Capital Management (LKCM)
Fort Worth,
Texas
| $88K | +$89.4K | +10,000 | New |
|
28
US Bancorp
Minneapolis,
Minnesota
| $49K | – | – | – |
|
29
UBS Group
Zurich,
Switzerland
| $48K | -$10.7K | -1,192 | -18% |
|
30
Rockefeller Capital Management
New York
| $29K | – | – | – |
|
|
HIA
31
Harbor Investment Advisory
Lutherville,
Maryland
| $27K | – | – | – |
|
|
KFI
32
Key Financial Inc
West Chester,
Pennsylvania
| $13K | – | – | – |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $8K | +$8.39K | +939 | New |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$388K | -41,452 | Closed |
|
|
HCM
35
Howland Capital Management
Boston,
Massachusetts
| – | -$177K | -18,880 | Closed |
|
|
SIG
36
Sargent Investment Group
Bethesda,
Maryland
| – | -$100K | -10,725 | Closed |
|
|
CPIG
37
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$90K | -10,290 | Closed |
|
IHIT Hedge Fund Activity: Q1 2022 in Review
33 of the 6,340 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 2022, worth a combined $47.2M — down 7.6% from $51.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new IHIT positions and 4 closed out — a net gain of 1 holder — while 14 added to existing stakes and 6 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $2.3M. The largest seller was Sit Investment Associates, cutting an estimated $5.01M.
- 33 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q1 2022, up from 32 in Q4 2021.
- Funds reported $47.2M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q1 2022, down 7.6% 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 Q1 2022 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 Q1 2022 was City of London Investment Management, an estimated $2.3M added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q1 2022 was Sit Investment Associates, an estimated $5.01M sold.
Based on aggregated 13F filings for Q1 2022.