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.
31 hedge funds and large institutions have $46.9M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 5 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
1% less capital invested
Capital invested by funds: $47.2M → $46.9M (-$352K)
6% less funds holding
Funds holding: 33 → 31 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.01M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$808K |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$304K |
| 4 |
Morgan Stanley
New York
|
+$203K |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.07M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$348K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$275K |
| 4 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$105K |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$88K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bessemer Group
Woodbridge,
New Jersey
| $64K | +$64.9K | +7,500 | New |
|
27
US Bancorp
Minneapolis,
Minnesota
| $48K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $40K | -$6.89K | -796 | -15% |
|
|
SWM
29
SeaCrest Wealth Management
Purchase,
New York
| $39K | +$38.9K | +4,500 | New |
|
|
HIA
30
Harbor Investment Advisory
Lutherville,
Maryland
| $26K | – | – | – |
|
|
KFI
31
Key Financial Inc
West Chester,
Pennsylvania
| $13K | – | – | – |
|
|
SIA
32
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$1.07M | -122,898 | Closed |
|
|
GIA
33
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
| – | -$105K | -12,000 | Closed |
|
|
34
Luther King Capital Management (LKCM)
Fort Worth,
Texas
| – | -$88K | -10,000 | Closed |
|
35
Rockefeller Capital Management
New York
| – | -$29K | -3,379 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$8K | -939 | Closed |
|
IHIT Hedge Fund Activity: Q2 2022 in Review
31 of the 5,936 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 Q2 2022, worth a combined $46.9M — down 0.74% from $47.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of IHIT and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $1.01M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $1.07M sold.
- 31 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q2 2022, down from 33 in Q1 2022.
- Funds reported $46.9M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q2 2022, down 0.74% 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 Q2 2022 and 5 closed out, a net change of -2 holders.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share buyer in Q2 2022 was Bank of America, an estimated $1.01M added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q2 2022 was Sit Investment Associates, an estimated $1.07M sold.
Based on aggregated 13F filings for Q2 2022.