Invesco Quality Municipal Securities
IQI
80 hedge funds and large institutions have $95M invested in Invesco Quality Municipal Securities in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 11 closing their positions.
0% more funds holding
Funds holding: 80 → 80 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
1.27% less ownership
Funds ownership: 16.79% → 15.51% (-1.3%)
10% less capital invested
Capital invested by funds: $106M → $95M (-$10.9M)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$967K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$869K |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$707K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$512K |
| 5 |
Millennium Management
New York
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.55M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$1.33M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$907K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$844K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
-$840K |
IQI Hedge Fund Activity: Q3 2018 in Review
80 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q3 2018, worth a combined $95M — down 10% from $106M a quarter earlier.
Fund positioning in IQI was balanced in Q3 2018: 11 funds opened new positions, 11 closed out, 19 added to existing stakes and 24 trimmed.
The largest buyer was Fiera Capital (Canada), adding an estimated $967K. The largest seller was Karpus Investment Management, cutting an estimated $5.55M.
- 80 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $95M of Invesco Quality Municipal Securities stock for Q3 2018, down 10% quarter-over-quarter.
- 11 funds opened new Invesco Quality Municipal Securities positions in Q3 2018 and 11 closed out, a net change of 0 holders.
- The largest Invesco Quality Municipal Securities buyer in Q3 2018 was Fiera Capital (Canada), an estimated $967K added.
- The largest Invesco Quality Municipal Securities seller in Q3 2018 was Karpus Investment Management, an estimated $5.55M sold.
Based on aggregated 13F filings for Q3 2018.