Invesco Quality Municipal Securities
IQI
62 hedge funds and large institutions have $74.5M invested in Invesco Quality Municipal Securities in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 5 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
19% more capital inflows, than outflows
Capital inflows: $13.2M | Capital outflows: $11.1M
0.32% more ownership
Funds ownership: 11.03% → 11.35% (+0.32%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 63 → 62 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
+$2.2M |
| 2 |
Landscape Capital Management
Englewood,
New Jersey
|
+$1.74M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.28M |
| 4 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.16M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$947K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
-$2.64M |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
-$1.81M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.48M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.17M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$732K |
IQI Hedge Fund Activity: Q4 2016 in Review
62 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q4 2016, worth a combined $74.5M — down 7.4% from $80.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new IQI positions and 5 closed out — a net gain of 1 holder — while 21 added to existing stakes and 17 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $2.2M. The largest seller was Karpus Investment Management, cutting an estimated $2.64M.
- 62 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q4 2016, down from 63 in Q3 2016.
- Funds reported $74.5M of Invesco Quality Municipal Securities stock for Q4 2016, down 7.4% quarter-over-quarter.
- 6 funds opened new Invesco Quality Municipal Securities positions in Q4 2016 and 5 closed out, a net change of +1 holder.
- The largest Invesco Quality Municipal Securities buyer in Q4 2016 was Raymond James & Associates, an estimated $2.2M added.
- The largest Invesco Quality Municipal Securities seller in Q4 2016 was Karpus Investment Management, an estimated $2.64M sold.
Based on aggregated 13F filings for Q4 2016.