Invesco Quality Municipal Securities
IQI
67 hedge funds and large institutions have $82.4M invested in Invesco Quality Municipal Securities in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
3% more funds holding
Funds holding: 65 → 67 (+2)
3% more capital invested
Capital invested by funds: $80.3M → $82.4M (+$2.12M)
0.31% more ownership
Funds ownership: 11.92% → 12.23% (+0.31%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.89M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$342K |
| 3 |
Millennium Management
New York
|
+$285K |
| 4 |
BO
Bank OZK
Little Rock,
Arkansas
|
+$192K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$874K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$631K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$552K |
| 4 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
-$495K |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$454K |
IQI Hedge Fund Activity: Q3 2017 in Review
67 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q3 2017, worth a combined $82.4M — up 2.6% from $80.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new IQI positions and 4 closed out — a net gain of 2 holders — while 25 added to existing stakes and 17 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $2.89M. The largest seller was Robinson Capital Management, cutting an estimated $874K.
- 67 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q3 2017, up from 65 in Q2 2017.
- Funds reported $82.4M of Invesco Quality Municipal Securities stock for Q3 2017, up 2.6% quarter-over-quarter.
- 6 funds opened new Invesco Quality Municipal Securities positions in Q3 2017 and 4 closed out, a net change of +2 holders.
- The largest Invesco Quality Municipal Securities buyer in Q3 2017 was Parametric Portfolio Associates, an estimated $2.89M added.
- The largest Invesco Quality Municipal Securities seller in Q3 2017 was Robinson Capital Management, an estimated $874K sold.
Based on aggregated 13F filings for Q3 2017.