Invesco Quality Municipal Securities
IQI
83 hedge funds and large institutions have $106M invested in Invesco Quality Municipal Securities in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 29 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
1.24% more ownership
Funds ownership: 15.92% → 17.16% (+1.2%)
0% more capital invested
Capital invested by funds: $106M → $106M (+$219K)
1% less funds holding
Funds holding: 84 → 83 (-1)
28% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$14.4M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$1.65M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$731K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$675K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$572K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.45M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.95M |
| 3 |
Morgan Stanley
New York
|
-$1.86M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$989K |
| 5 |
FCA
FinTrust Capital Advisors
Greenville,
South Carolina
|
-$653K |
IQI Hedge Fund Activity: Q1 2020 in Review
83 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q1 2020, worth a combined $106M — up 0.21% from $106M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new IQI positions and 7 closed out — a net gain of 2 holders — while 21 added to existing stakes and 29 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $14.4M. The largest seller was Robinson Capital Management, cutting an estimated $2.45M.
- 83 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q1 2020, down from 84 in Q4 2019.
- Funds reported $106M of Invesco Quality Municipal Securities stock for Q1 2020, up 0.21% quarter-over-quarter.
- 9 funds opened new Invesco Quality Municipal Securities positions in Q1 2020 and 7 closed out, a net change of +2 holders.
- The largest Invesco Quality Municipal Securities buyer in Q1 2020 was Karpus Investment Management, an estimated $14.4M added.
- The largest Invesco Quality Municipal Securities seller in Q1 2020 was Robinson Capital Management, an estimated $2.45M sold.
Based on aggregated 13F filings for Q1 2020.