Invesco Quality Municipal Securities
IQI
101 hedge funds and large institutions have $173M invested in Invesco Quality Municipal Securities in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 31 increasing their positions, 30 reducing their positions, and 17 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 30
4% less capital invested
Capital invested by funds: $180M → $173M (-$6.69M)
2.83% less ownership
Funds ownership: 34.32% → 31.49% (-2.8%)
11% less funds holding
Funds holding: 113 → 101 (-12)
71% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.6M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.21M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.15M |
| 4 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$1.38M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$12.2M |
| 2 |
LPL Financial
San Diego,
California
|
-$3.12M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.89M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.53M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.22M |
IQI Hedge Fund Activity: Q3 2024 in Review
101 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q3 2024, worth a combined $173M — down 3.7% from $180M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of IQI and 5 opened new positions — a net loss of 12 holders — while 30 trimmed existing stakes and 31 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $2.6M. The largest seller was Karpus Investment Management, cutting an estimated $12.2M.
- 101 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q3 2024, down from 113 in Q2 2024.
- Funds reported $173M of Invesco Quality Municipal Securities stock for Q3 2024, down 3.7% quarter-over-quarter.
- 5 funds opened new Invesco Quality Municipal Securities positions in Q3 2024 and 17 closed out, a net change of -12 holders.
- The largest Invesco Quality Municipal Securities buyer in Q3 2024 was Raymond James Financial Services Advisors, an estimated $2.6M added.
- The largest Invesco Quality Municipal Securities seller in Q3 2024 was Karpus Investment Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q3 2024.