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.
34 hedge funds and large institutions have $42.7M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 7 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 34 → 34 (0)
14% less capital invested
Capital invested by funds: $50M → $42.7M (-$7.22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$1.42M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$997K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$912K |
| 5 |
Morgan Stanley
New York
|
+$851K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$873K |
| 2 |
KOMWMG
Kerntke Otto McGlone Wealth Management Group
Appleton,
Wisconsin
|
-$453K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$400K |
| 4 |
VAM
Verity Asset Management
Durham,
North Carolina
|
-$349K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$344K |
IHIT Hedge Fund Activity: Q1 2020 in Review
34 of the 4,538 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 2020, worth a combined $42.7M — down 14% from $50M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new IHIT positions and 7 closed out — a net gain of 1 holder — while 14 added to existing stakes and 6 trimmed.
The largest buyer was Integrated Wealth Concepts, adding an estimated $1.42M. The largest seller was LPL Financial, cutting an estimated $873K.
- 34 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $42.7M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q1 2020, down 14% quarter-over-quarter.
- 8 funds opened new Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share positions in Q1 2020 and 7 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 2020 was Integrated Wealth Concepts, an estimated $1.42M added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q1 2020 was LPL Financial, an estimated $873K sold.
Based on aggregated 13F filings for Q1 2020.