Invesco Quality Municipal Securities
IQI
83 hedge funds and large institutions have $96.7M invested in Invesco Quality Municipal Securities in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 21 increasing their positions, 28 reducing their positions, and 13 closing their positions.
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
4% more funds holding
Funds holding: 80 → 83 (+3)
2% more capital invested
Capital invested by funds: $95M → $96.7M (+$1.71M)
0.79% more ownership
Funds ownership: 15.51% → 16.3% (+0.79%)
25% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$2.21M |
| 2 |
Morgan Stanley
New York
|
+$1.87M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.65M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.33M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
-$2.54M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.62M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.38M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.38M |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$687K |
IQI Hedge Fund Activity: Q4 2018 in Review
83 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q4 2018, worth a combined $96.7M — up 1.8% from $95M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new IQI positions and 13 closed out — a net gain of 3 holders — while 21 added to existing stakes and 28 trimmed.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $2.21M. The largest seller was Claybrook Capital, exiting entirely with an estimated $2.54M sold.
- 83 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q4 2018, up from 80 in Q3 2018.
- Funds reported $96.7M of Invesco Quality Municipal Securities stock for Q4 2018, up 1.8% quarter-over-quarter.
- 16 funds opened new Invesco Quality Municipal Securities positions in Q4 2018 and 13 closed out, a net change of +3 holders.
- The largest Invesco Quality Municipal Securities buyer in Q4 2018 was HighTower Advisors, an estimated $2.21M added.
- The largest Invesco Quality Municipal Securities seller in Q4 2018 was Claybrook Capital, an estimated $2.54M sold.
Based on aggregated 13F filings for Q4 2018.