Invesco Quality Municipal Securities
IQI
75 hedge funds and large institutions have $98.2M invested in Invesco Quality Municipal Securities in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 9 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
0.43% less ownership
Funds ownership: 15.6% → 15.17% (-0.43%)
2% less capital invested
Capital invested by funds: $99.9M → $98.2M (-$1.77M)
4% less funds holding
Funds holding: 78 → 75 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$607K |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
+$421K |
| 3 |
VanEck Associates
New York
|
+$399K |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
+$382K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$351K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.34M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.1M |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$932K |
| 4 |
Morgan Stanley
New York
|
-$584K |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$419K |
IQI Hedge Fund Activity: Q2 2019 in Review
75 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q2 2019, worth a combined $98.2M — down 1.8% from $99.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IQI and 6 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 25 added.
The largest buyer was Wells Fargo, adding an estimated $607K. The largest seller was Fiera Capital (Canada), cutting an estimated $1.34M.
- 75 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q2 2019, down from 78 in Q1 2019.
- Funds reported $98.2M of Invesco Quality Municipal Securities stock for Q2 2019, down 1.8% quarter-over-quarter.
- 6 funds opened new Invesco Quality Municipal Securities positions in Q2 2019 and 9 closed out, a net change of -3 holders.
- The largest Invesco Quality Municipal Securities buyer in Q2 2019 was Wells Fargo, an estimated $607K added.
- The largest Invesco Quality Municipal Securities seller in Q2 2019 was Fiera Capital (Canada), an estimated $1.34M sold.
Based on aggregated 13F filings for Q2 2019.