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.
39 hedge funds and large institutions have $54.1M invested in Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
16% more capital invested
Capital invested by funds: $46.6M → $54.1M (+$7.44M)
5% more funds holding
Funds holding: 37 → 39 (+2)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
+$7.43M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.88M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.53M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$121K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.7M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.13M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$652K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$155K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$154K |
IHIT Hedge Fund Activity: Q4 2022 in Review
39 of the 6,221 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 2022, worth a combined $54.1M — up 16% from $46.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new IHIT positions and 4 closed out — a net gain of 2 holders — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Bullseye Investment Management, opening a new position worth an estimated $7.43M. The largest seller was Wells Fargo, cutting an estimated $1.7M.
- 39 institutional investors held Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share (IHIT) as of Q4 2022, up from 37 in Q3 2022.
- Funds reported $54.1M of Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share stock for Q4 2022, up 16% quarter-over-quarter.
- 6 funds opened new Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share positions in Q4 2022 and 4 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 Q4 2022 was Bullseye Investment Management, an estimated $7.43M added.
- The largest Invesco High Income 2023 Target Term Fund Common Shares of Beneficial Interest, No par value per share seller in Q4 2022 was Wells Fargo, an estimated $1.7M sold.
Based on aggregated 13F filings for Q4 2022.