Invesco Quality Municipal Securities
IQI
63 hedge funds and large institutions have $78M invested in Invesco Quality Municipal Securities in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
2% more funds holding
Funds holding: 62 → 63 (+1)
5% more capital invested
Capital invested by funds: $74.5M → $78M (+$3.52M)
0.52% more ownership
Funds ownership: 11.35% → 11.87% (+0.52%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$4.28M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$760K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$595K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$526K |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$968K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$681K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$585K |
| 4 |
LCM
Laurion Capital Management
New York
|
-$539K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$447K |
IQI Hedge Fund Activity: Q1 2017 in Review
63 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q1 2017, worth a combined $78M — up 4.7% from $74.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new IQI positions and 6 closed out — a net gain of 2 holders — while 18 added to existing stakes and 20 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $4.28M. The largest seller was Advisors Asset Management, cutting an estimated $968K.
- 63 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q1 2017, up from 62 in Q4 2016.
- Funds reported $78M of Invesco Quality Municipal Securities stock for Q1 2017, up 4.7% quarter-over-quarter.
- 8 funds opened new Invesco Quality Municipal Securities positions in Q1 2017 and 6 closed out, a net change of +2 holders.
- The largest Invesco Quality Municipal Securities buyer in Q1 2017 was Robinson Capital Management, an estimated $4.28M added.
- The largest Invesco Quality Municipal Securities seller in Q1 2017 was Advisors Asset Management, an estimated $968K sold.
Based on aggregated 13F filings for Q1 2017.