We are live on ! Find out more
IQI icon

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.

New
Increased
Maintained
Reduced
Closed

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

Holders
83
Holders Change
-1
Holders Change %
-1.19%
% of All Funds
1.83%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
21
Reduced
29
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
+$14.4M
2
VCM
Vivaldi Capital Management
Illinois
+$1.65M
3
GC
Guggenheim Capital
Illinois
+$731K
4
AA
AQR Arbitrage
Connecticut
+$675K
5
SIA
Sit Investment Associates
Minnesota
+$572K

Top Sellers

Rank Fund Capital Flow
1
RCM
Robinson Capital Management
Michigan
-$2.45M
2
PPA
Parametric Portfolio Associates
Washington
-$1.95M
3
Morgan Stanley
Morgan Stanley
New York
-$1.86M
4
UBS Group
UBS Group
Switzerland
-$989K
5
FCA
FinTrust Capital Advisors
South Carolina
-$653K
Name Holding Trade Value Shares
Change 		Change in
Stake
SIS
76
Sound Income Strategies
Florida
$18K +$236 +19 +1%
FMP
77
Financial Management Professionals
Texas
$12K – – –
TCM
78
Tradewinds Capital Management
Washington
$10K -$3.58K -288 -26%
GWMIA
79
Global Wealth Management Investment Advisory
Florida
$9K – – –
PAM
80
Panagora Asset Management
Massachusetts
$5K -$2.13K -171 -30%
PB
81
Pinnacle Bancorp
Nebraska
$4K – – –
FCA
82
FinTrust Capital Advisors
South Carolina
$2K -$653K -52,500 -100%
ASN
83
Advisory Services Network
Georgia
$2K +$25 +2 +1%
WT
84
Washington Trust
Rhode Island
$2K +$2.45K +197 New
WAM
85
Wolverine Asset Management
Illinois
– -$260K -20,669 Closed
IAA
86
Independent Advisor Alliance
North Carolina
– -$252K -20,056 Closed
CAM
87
Cresset Asset Management
Illinois
– -$186K -14,751 Closed
HI
88
Hudock Inc
Pennsylvania
– -$90K -7,221 Closed
AA
89
Argent Advisors
Louisiana
– -$57K -4,538 Closed
JP Morgan Chase
90
JP Morgan Chase
New York
– -$5K -378 Closed
PWP
91
Personal Wealth Partners
Minnesota
– -$3K -201 Closed
1 2 3
4

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.