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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.

28 hedge funds and large institutions have $48.1M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more capital invested

Capital invested by funds: $46.4M → $48.1M (+$1.68M)

15% less funds holding

Funds holding: 3328 (-5)

25% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 12

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

Holders
28
Holders Change
-5
Holders Change %
-15.15%
% of All Funds
0.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
9
Reduced
12
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$16.5M -$503K -55,697 -3%
Wells Fargo
2
Wells Fargo
California
$9.29M +$345K +38,168 +4%
SIA
3
Sit Investment Associates
Minnesota
$6.39M +$2M +221,570 +47%
IWC
4
Integrated Wealth Concepts
Massachusetts
$6.12M -$448K -49,617 -7%
Bank of America
5
Bank of America
North Carolina
$3.9M -$8.09K -895 -0.2%
Baird Financial Group
6
Baird Financial Group
Wisconsin
$1.08M +$568K +62,835 +116%
RJA
7
Raymond James & Associates
Florida
$712K -$17.8K -1,970 -2%
SIG
8
Sargent Investment Group
Maryland
$605K -$1.09M -120,900 -65%
Fifth Third Bancorp
9
Fifth Third Bancorp
Ohio
$463K
LPL Financial
10
LPL Financial
California
$432K +$175K +19,328 +70%
HIA
11
Harbor Investment Advisory
Maryland
$373K
Truist Financial
12
Truist Financial
North Carolina
$351K +$380 +42 +0.1%
Osaic Holdings
13
Osaic Holdings
Arizona
$339K -$227K -25,129 -41%
CWS
14
Cypress Wealth Services
California
$295K +$2.78K +308 +1%
Northwestern Mutual Wealth Management
15
Northwestern Mutual Wealth Management
Wisconsin
$175K -$147K -16,281 -46%
CFGS
16
Concourse Financial Group Securities
Alabama
$142K -$13.2K -1,455 -9%
PCM
17
Pointe Capital Management
Michigan
$139K
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$130K -$12.4K -1,377 -9%
GIA
19
Gladstone Institutional Advisory
Florida
$118K -$9.04K -1,000 -7%
OC
20
Oppenheimer & Co
New York
$113K +$110K +12,200 New
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$102K +$3.71K +410 +4%
CPIG
22
Chicago Partners Investment Group
Illinois
$96K
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$95K +$48K +5,313 +106%
US Bancorp
24
US Bancorp
Minnesota
$61K +$50.4K +5,575 +526%
UBS Group
25
UBS Group
Switzerland
$23K -$24.6K -2,724 -53%

IHIT Hedge Fund Activity: Q1 2021 in Review

28 of the 5,695 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 2021, worth a combined $48.1M — up 3.6% from $46.4M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of IHIT and 2 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 9 added.

The largest buyer was Sit Investment Associates, adding an estimated $2M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.64M sold.

  • 28 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q1 2021, down from 33 in Q4 2020.
  • Funds reported $48.1M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q1 2021, up 3.6% quarter-over-quarter.
  • 2 funds opened new Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share positions in Q1 2021 and 6 closed out, a net change of -4 holders.
  • The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share buyer in Q1 2021 was Sit Investment Associates, an estimated $2M added.
  • The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q1 2021 was Shaker Financial Services, an estimated $2.64M sold.

Based on aggregated 13F filings for Q1 2021.