Invesco Quality Municipal Securities
IQI
80 hedge funds and large institutions have $102M invested in Invesco Quality Municipal Securities in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 8 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
4% more funds holding
Funds holding: 77 → 80 (+3)
0.53% more ownership
Funds ownership: 15.74% → 16.28% (+0.53%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $104M → $102M (-$1.53M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.59M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$902K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$779K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$524K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$409K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$720K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$558K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$522K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$504K |
IQI Hedge Fund Activity: Q1 2018 in Review
80 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q1 2018, worth a combined $102M — down 1.5% from $104M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new IQI positions and 8 closed out — a net gain of 3 holders — while 29 added to existing stakes and 20 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $1.59M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $1.4M sold.
- 80 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q1 2018, up from 77 in Q4 2017.
- Funds reported $102M of Invesco Quality Municipal Securities stock for Q1 2018, down 1.5% quarter-over-quarter.
- 11 funds opened new Invesco Quality Municipal Securities positions in Q1 2018 and 8 closed out, a net change of +3 holders.
- The largest Invesco Quality Municipal Securities buyer in Q1 2018 was Parametric Portfolio Associates, an estimated $1.59M added.
- The largest Invesco Quality Municipal Securities seller in Q1 2018 was Raymond James Financial Services Advisors, an estimated $1.4M sold.
Based on aggregated 13F filings for Q1 2018.