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.
25 hedge funds and large institutions have $41M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 10 closing their positions.
4% less capital invested
Capital invested by funds: $42.7M → $41M (-$1.71M)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
26% less funds holding
Funds holding: 34 → 25 (-9)
90% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.34M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$934K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$258K |
| 4 |
Jane Street
New York
|
+$87.4K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.6M |
| 2 |
LPL Financial
San Diego,
California
|
-$920K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$360K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$338K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$237K |
IHIT Hedge Fund Activity: Q2 2020 in Review
25 of the 4,877 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 2020, worth a combined $41M — down 4% from $42.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IHIT and 1 opened new positions — a net loss of 9 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Morgan Stanley, adding an estimated $3.34M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $2.6M sold.
- 25 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q2 2020, down from 34 in Q1 2020.
- Funds reported $41M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q2 2020, down 4% quarter-over-quarter.
- 1 fund opened new Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share positions in Q2 2020 and 10 closed out, a net change of -9 holders.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share buyer in Q2 2020 was Morgan Stanley, an estimated $3.34M added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q2 2020 was Sit Investment Associates, an estimated $2.6M sold.
Based on aggregated 13F filings for Q2 2020.