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IHIT

Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share

Delisted

IHIT was delisted on the 27th of November, 2023.

33 hedge funds and large institutions have $46.4M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

900% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 1

38% more funds holding

Funds holding: 2433 (+9)

38% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 8

9% more capital invested

Capital invested by funds: $42.6M → $46.4M (+$3.8M)

Holders
33
Holders Change
+9
Holders Change %
+37.5%
% of All Funds
0.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
11
Reduced
8
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$15.5M -$2.32M -283,888 -13%
Wells Fargo
2
Wells Fargo
California
$8.14M +$549K +67,196 +7%
IWC
3
Integrated Wealth Concepts
Massachusetts
$6M -$147K -18,020 -2%
SIA
4
Sit Investment Associates
Minnesota
$3.96M +$3.83M +469,560 New
Bank of America
5
Bank of America
North Carolina
$3.56M +$69.2K +8,472 +2%
SFS
6
Shaker Financial Services
Virginia
$2.64M +$743K +91,010 +41%
SIG
7
Sargent Investment Group
Maryland
$1.57M -$2.13M -260,848 -58%
RJA
8
Raymond James & Associates
Florida
$666K +$512K +62,778 +387%
Osaic Holdings
9
Osaic Holdings
Arizona
$520K +$365K +44,706 +261%
Baird Financial Group
10
Baird Financial Group
Wisconsin
$455K +$441K +54,033 New
Fifth Third Bancorp
11
Fifth Third Bancorp
Ohio
$422K
HIA
12
Harbor Investment Advisory
Maryland
$340K -$103K -12,675 -24%
ACM
13
Arlington Capital Management
Illinois
$324K +$314K +38,451 New
Truist Financial
14
Truist Financial
North Carolina
$319K -$14.9K -1,822 -5%
Northwestern Mutual Wealth Management
15
Northwestern Mutual Wealth Management
Wisconsin
$297K +$194K +23,824 +209%
CWS
16
Cypress Wealth Services
California
$266K +$258K +31,557 New
LPL Financial
17
LPL Financial
California
$231K +$12.9K +1,575 +6%
CFGS
18
Concourse Financial Group Securities
Alabama
$142K -$176K -21,579 -56%
Jane Street
19
Jane Street
New York
$136K +$132K +16,189 New
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$130K +$669 +82 +0.5%
PCM
21
Pointe Capital Management
Michigan
$126K
GIA
22
Gladstone Institutional Advisory
Florida
$116K +$113K +13,800 New
Millennium Management
23
Millennium Management
New York
$114K +$110K +13,517 New
CPIG
24
Chicago Partners Investment Group
Illinois
$92K +$84K +10,290 New
HF
25
HRT Financial
New York
$92K +$89.8K +11,000 New

IHIT Hedge Fund Activity: Q4 2020 in Review

33 of the 5,651 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 Q4 2020, worth a combined $46.4M — up 8.9% from $42.6M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new IHIT positions and 1 closed out — a net gain of 9 holders — while 11 added to existing stakes and 8 trimmed.

The largest buyer was Sit Investment Associates, opening a new position worth an estimated $3.83M. The largest seller was Morgan Stanley, cutting an estimated $2.32M.

  • 33 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q4 2020, up from 24 in Q3 2020.
  • Funds reported $46.4M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q4 2020, up 8.9% quarter-over-quarter.
  • 10 funds opened new Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share positions in Q4 2020 and 1 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 Q4 2020 was Sit Investment Associates, an estimated $3.83M added.
  • The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q4 2020 was Morgan Stanley, an estimated $2.32M sold.

Based on aggregated 13F filings for Q4 2020.