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Invesco Quality Municipal Securities

84 hedge funds and large institutions have $106M invested in Invesco Quality Municipal Securities in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 5

59% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 17

12% more funds holding

Funds holding: 7584 (+9)

4% more capital invested

Capital invested by funds: $102M → $106M (+$4.2M)

0.5% more ownership

Funds ownership: 15.42%15.92% (+0.5%)

Holders
84
Holders Change
+9
Holders Change %
+12%
% of All Funds
1.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
27
Reduced
17
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
1
Parametric Portfolio Associates
Washington
$9.71M +$422K +33,675 +5%
SIA
2
Sit Investment Associates
Minnesota
$9.28M +$84.2K +6,723 +0.9%
RCM
3
Robinson Capital Management
Michigan
$6.51M -$1.28M -102,543 -17%
MSL
4
Mackay Shields LLC
New York
$5.7M
Morgan Stanley
5
Morgan Stanley
New York
$5.46M -$307K -24,526 -5%
UBS Group
6
UBS Group
Switzerland
$5.06M +$300K +23,968 +6%
GC
7
Guggenheim Capital
Illinois
$4.63M +$1.24M +98,932 +37%
Stifel Financial
8
Stifel Financial
Missouri
$4.19M +$250K +19,977 +6%
VanEck Associates
9
VanEck Associates
New York
$3.45M +$509K +40,641 +17%
Wells Fargo
10
Wells Fargo
California
$3.23M +$358K +28,546 +12%
RCM
11
Rivernorth Capital Management
Florida
$3.17M +$745K +59,452 +31%
CC
12
Claybrook Capital
Massachusetts
$3.1M
RJA
13
Raymond James & Associates
Florida
$2.88M -$358K -28,571 -11%
JWA
14
JFS Wealth Advisors
Pennsylvania
$2.71M +$8.55K +682 +0.3%
CSA
15
Cottage Street Advisors
Massachusetts
$2.52M -$12.5K -1,000 -0.5%
Bank of America
16
Bank of America
North Carolina
$2.45M +$71.5K +5,702 +3%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$2.4M +$547K +43,656 +30%
Fiera Capital (Canada)
18
Fiera Capital (Canada)
Quebec, Canada
$2.19M +$54.6K +4,356 +3%
Baird Financial Group
19
Baird Financial Group
Wisconsin
$1.86M +$137K +10,931 +8%
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$1.7M +$63.1K +5,032 +4%
VCM
21
Vivaldi Capital Management
Illinois
$1.52M +$109K +8,704 +8%
Invesco
22
Invesco
Georgia
$1.49M +$674K +53,804 +84%
Ameriprise
23
Ameriprise
Minnesota
$1.42M +$111K +8,886 +9%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$1.26M -$764 -61 -0.1%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$1.25M +$121K +9,622 +11%

IQI Hedge Fund Activity: Q4 2019 in Review

84 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q4 2019, worth a combined $106M — up 4.1% from $102M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new IQI positions and 5 closed out — a net gain of 9 holders — while 27 added to existing stakes and 17 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $1.24M. The largest seller was Robinson Capital Management, cutting an estimated $1.28M.

  • 84 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q4 2019, up from 75 in Q3 2019.
  • Funds reported $106M of Invesco Quality Municipal Securities stock for Q4 2019, up 4.1% quarter-over-quarter.
  • 14 funds opened new Invesco Quality Municipal Securities positions in Q4 2019 and 5 closed out, a net change of +9 holders.
  • The largest Invesco Quality Municipal Securities buyer in Q4 2019 was Guggenheim Capital, an estimated $1.24M added.
  • The largest Invesco Quality Municipal Securities seller in Q4 2019 was Robinson Capital Management, an estimated $1.28M sold.

Based on aggregated 13F filings for Q4 2019.