Invesco Quality Municipal Securities
IQI
96 hedge funds and large institutions have $128M invested in Invesco Quality Municipal Securities in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
6% more capital invested
Capital invested by funds: $121M → $128M (+$6.83M)
4% more funds holding
Funds holding: 92 → 96 (+4)
3.47% more ownership
Funds ownership: 20.19% → 23.67% (+3.5%)
8% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$12.4M |
| 2 |
Morgan Stanley
New York
|
+$5.15M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.04M |
| 4 |
BlackRock
New York
|
+$2.52M |
| 5 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
-$3.41M |
| 2 |
CSA
Cottage Street Advisors
Marion,
Massachusetts
|
-$1.97M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$608K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$565K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$543K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
HighTower Advisors
Chicago,
Illinois
| – | -$142K | -12,397 | Closed |
|
|
FAG
102
Fortitude Advisory Group
Gig Harbor,
Washington
| – | -$22K | -1,904 | Closed |
|
103
Koshinski Asset Management
Decatur,
Illinois
| – | -$18.1K | -1,600 | Closed |
|
|
TCM
104
Tradewinds Capital Management
Bellingham,
Washington
| – | -$9K | -812 | Closed |
|
IQI Hedge Fund Activity: Q2 2022 in Review
96 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q2 2022, worth a combined $128M — up 5.7% from $121M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IQI positions and 8 closed out — a net gain of 5 holders — while 28 added to existing stakes and 26 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $12.4M. The largest seller was JFS Wealth Advisors, cutting an estimated $3.41M.
- 96 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q2 2022, up from 92 in Q1 2022.
- Funds reported $128M of Invesco Quality Municipal Securities stock for Q2 2022, up 5.7% quarter-over-quarter.
- 13 funds opened new Invesco Quality Municipal Securities positions in Q2 2022 and 8 closed out, a net change of +5 holders.
- The largest Invesco Quality Municipal Securities buyer in Q2 2022 was Karpus Investment Management, an estimated $12.4M added.
- The largest Invesco Quality Municipal Securities seller in Q2 2022 was JFS Wealth Advisors, an estimated $3.41M sold.
Based on aggregated 13F filings for Q2 2022.