Invesco Quality Municipal Securities
IQI
62 hedge funds and large institutions have $96.7M invested in Invesco Quality Municipal Securities in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
17% more capital invested
Capital invested by funds: $82.3M → $96.7M (+$14.4M)
11% more funds holding
Funds holding: 56 → 62 (+6)
2.09% more ownership
Funds ownership: 12.47% → 14.56% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.64M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$4.12M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$949K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$887K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$832K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.57M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.34M |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$779K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$415K |
| 5 |
SG Americas Securities
New York
|
-$391K |
IQI Hedge Fund Activity: Q1 2015 in Review
62 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q1 2015, worth a combined $96.7M — up 17% from $82.3M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IQI positions and 7 closed out — a net gain of 6 holders — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $6.64M. The largest seller was AQR Capital Management, exiting entirely with an estimated $1.57M sold.
- 62 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q1 2015, up from 56 in Q4 2014.
- Funds reported $96.7M of Invesco Quality Municipal Securities stock for Q1 2015, up 17% quarter-over-quarter.
- 13 funds opened new Invesco Quality Municipal Securities positions in Q1 2015 and 7 closed out, a net change of +6 holders.
- The largest Invesco Quality Municipal Securities buyer in Q1 2015 was Deutsche Bank, an estimated $6.64M added.
- The largest Invesco Quality Municipal Securities seller in Q1 2015 was AQR Capital Management, an estimated $1.57M sold.
Based on aggregated 13F filings for Q1 2015.