Invesco Quality Municipal Securities
IQI
65 hedge funds and large institutions have $80.3M invested in Invesco Quality Municipal Securities in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
3% more funds holding
Funds holding: 63 → 65 (+2)
3% more capital invested
Capital invested by funds: $78M → $80.3M (+$2.31M)
0.05% more ownership
Funds ownership: 11.87% → 11.92% (+0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.39M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.84M |
| 3 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$892K |
| 4 |
Morgan Stanley
New York
|
+$538K |
| 5 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.18M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.04M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.2M |
| 4 |
MSL
Mackay Shields LLC
New York
|
-$611K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$409K |
IQI Hedge Fund Activity: Q2 2017 in Review
65 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q2 2017, worth a combined $80.3M — up 3% from $78M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new IQI positions and 2 closed out — a net gain of 4 holders — while 21 added to existing stakes and 19 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $2.39M. The largest seller was LPL Financial, cutting an estimated $2.18M.
- 65 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q2 2017, up from 63 in Q1 2017.
- Funds reported $80.3M of Invesco Quality Municipal Securities stock for Q2 2017, up 3% quarter-over-quarter.
- 6 funds opened new Invesco Quality Municipal Securities positions in Q2 2017 and 2 closed out, a net change of +4 holders.
- The largest Invesco Quality Municipal Securities buyer in Q2 2017 was Robinson Capital Management, an estimated $2.39M added.
- The largest Invesco Quality Municipal Securities seller in Q2 2017 was LPL Financial, an estimated $2.18M sold.
Based on aggregated 13F filings for Q2 2017.