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Invesco Quality Municipal Securities

84 hedge funds and large institutions have $106M invested in Invesco Quality Municipal Securities in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 5

59% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 17

12% more funds holding

Funds holding: 7584 (+9)

4% more capital invested

Capital invested by funds: $102M → $106M (+$4.2M)

0.5% more ownership

Funds ownership: 15.42%15.92% (+0.5%)

Holders
84
Holders Change
+9
Holders Change %
+12%
% of All Funds
1.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
27
Reduced
17
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BF
26
BOK Financial
Oklahoma
$1.25M
First Trust Advisors
27
First Trust Advisors
Illinois
$1M -$63.3K -5,048 -6%
AAM
28
Advisors Asset Management
Colorado
$811K -$285K -22,746 -26%
LPL Financial
29
LPL Financial
California
$802K +$6.38K +509 +0.8%
Northwestern Mutual Wealth Management
30
Northwestern Mutual Wealth Management
Wisconsin
$782K -$9.79K -781 -1%
LWP
31
Legacy Wealth Planning
Nevada
$752K +$749K +59,799 New
HKAM
32
Horizon Kinetics Asset Management
New York
$732K
CIA
33
Capital Investment Advisors
Georgia
$707K
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$685K +$82.6K +6,588 +14%
FCA
35
FinTrust Capital Advisors
South Carolina
$663K
6M
36
6 Meridian
Kansas
$663K +$22.3K +1,777 +3%
WS
37
Wedbush Securities
California
$596K -$32K -2,550 -5%
FFA
38
First Foundation Advisors
California
$590K -$180K -14,334 -23%
CF
39
Centaurus Financial
California
$495K +$54.5K +4,350 +12%
PNC Financial Services Group
40
PNC Financial Services Group
Pennsylvania
$463K
N
41
Nuveen
North Carolina
$409K
MAFM
42
Mid Atlantic Financial Management
Pennsylvania
$403K -$23.8K -1,900 -6%
WFI
43
West Family Investments
California
$386K
GEM
44
Global Endowment Management
North Carolina
$367K
LCM
45
Landscape Capital Management
New Jersey
$341K -$578K -46,114 -63%
Creative Planning
46
Creative Planning
Kansas
$267K +$11.9K +948 +5%
FM
47
Family Management
New York
$264K
WAM
48
Wolverine Asset Management
Illinois
$260K +$259K +20,669 New
SBH
49
Segall Bryant & Hamill
Illinois
$252K
IAA
50
Independent Advisor Alliance
North Carolina
$252K +$251K +20,056 New

IQI Hedge Fund Activity: Q4 2019 in Review

84 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q4 2019, worth a combined $106M — up 4.1% from $102M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new IQI positions and 5 closed out — a net gain of 9 holders — while 27 added to existing stakes and 17 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $1.24M. The largest seller was Robinson Capital Management, cutting an estimated $1.28M.

  • 84 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q4 2019, up from 75 in Q3 2019.
  • Funds reported $106M of Invesco Quality Municipal Securities stock for Q4 2019, up 4.1% quarter-over-quarter.
  • 14 funds opened new Invesco Quality Municipal Securities positions in Q4 2019 and 5 closed out, a net change of +9 holders.
  • The largest Invesco Quality Municipal Securities buyer in Q4 2019 was Guggenheim Capital, an estimated $1.24M added.
  • The largest Invesco Quality Municipal Securities seller in Q4 2019 was Robinson Capital Management, an estimated $1.28M sold.

Based on aggregated 13F filings for Q4 2019.