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.
37 hedge funds and large institutions have $54.6M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 5 closing their positions.
1% more capital invested
Capital invested by funds: $54.1M → $54.6M (+$544K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
5% less funds holding
Funds holding: 39 → 37 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$880K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$728K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$602K |
| 4 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
+$571K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$317K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$504K |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$313K |
| 3 |
Morgan Stanley
New York
|
-$220K |
| 4 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
-$149K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$145K |
IHIT Hedge Fund Activity: Q1 2023 in Review
37 of the 6,275 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 2023, worth a combined $54.6M — up 1% from $54.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of IHIT and 3 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 12 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $880K. The largest seller was Wells Fargo, cutting an estimated $504K.
- 37 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q1 2023, down from 39 in Q4 2022.
- Funds reported $54.6M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q1 2023, up 1% 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 Q1 2023 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 Q1 2023 was Raymond James Financial Services Advisors, an estimated $880K added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q1 2023 was Wells Fargo, an estimated $504K sold.
Based on aggregated 13F filings for Q1 2023.