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Invesco Quality Municipal Securities

110 hedge funds and large institutions have $179M invested in Invesco Quality Municipal Securities in 2024 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 34 increasing their positions, 32 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 12

8% more capital invested

Capital invested by funds: $165M → $179M (+$13.8M)

6% more funds holding

Funds holding: 104110 (+6)

2.15% more ownership

Funds ownership: 32.81%34.96% (+2.2%)

6% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 32

Holders
110
Holders Change
+6
Holders Change %
+5.77%
% of All Funds
1.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
18
Increased
34
Reduced
32
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CAM
101
Costello Asset Management
Pennsylvania
$7.74K
Bessemer Group
102
Bessemer Group
New Jersey
$7K -$1.92K -201 -21%
HCP
103
Hexagon Capital Partners
Arkansas
$6.78K
IWP
104
IAG Wealth Partners
Wisconsin
$5.53K +$5.46K +571 New
FP
105
Financial Perspectives
Minnesota
$3.5K
PB
106
Pinnacle Bancorp
Nebraska
$3.28K
GA
107
GoalVest Advisory
New York
$3.03K
NS
108
NBC Securities
Alabama
$3K
PA
109
Parallel Advisors
California
$2.67K -$2.64K -276 -50%
WT
110
Washington Trust
Rhode Island
$1.91K
WAM
111
Weiss Asset Management
Massachusetts
-$620K -65,213 Closed
QC
112
Quadrature Capital
United Kingdom
-$386K -40,501 Closed
AC
113
Almitas Capital
California
-$306K -32,173 Closed
ACA
114
Ackerman Capital Advisors
Texas
-$198K -20,856 Closed
FWM
115
Fairhaven Wealth Management
Illinois
-$175K -18,442 Closed
EC
116
Elequin Capital
New York
-$134K -14,060 Closed
Susquehanna International Group
117
Susquehanna International Group
Pennsylvania
-$124K -12,988 Closed
RZH
118
Relyea Zuckerberg Hanson
Connecticut
-$108K -11,395 Closed
BI
119
Bramshill Investments
Florida
-$45.5K -4,780 Closed
WB
120
Webster Bank
Connecticut
-$12.9K -1,357 Closed
CT
121
Cambridge Trust
Massachusetts
-$6.94K -730 Closed
Fidelity Investments
122
Fidelity Investments
Massachusetts
-$10 -1 Closed

IQI Hedge Fund Activity: Q1 2024 in Review

110 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q1 2024, worth a combined $179M — up 8.3% from $165M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new IQI positions and 12 closed out — a net gain of 6 holders — while 34 added to existing stakes and 32 trimmed.

The largest buyer was Saba Capital Management, opening a new position worth an estimated $4.93M. The largest seller was Morgan Stanley, cutting an estimated $4.44M.

  • 110 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q1 2024, up from 104 in Q4 2023.
  • Funds reported $179M of Invesco Quality Municipal Securities stock for Q1 2024, up 8.3% quarter-over-quarter.
  • 18 funds opened new Invesco Quality Municipal Securities positions in Q1 2024 and 12 closed out, a net change of +6 holders.
  • The largest Invesco Quality Municipal Securities buyer in Q1 2024 was Saba Capital Management, an estimated $4.93M added.
  • The largest Invesco Quality Municipal Securities seller in Q1 2024 was Morgan Stanley, an estimated $4.44M sold.

Based on aggregated 13F filings for Q1 2024.