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Invesco Quality Municipal Securities

89 hedge funds and large institutions have $116M invested in Invesco Quality Municipal Securities in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

23% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 22

9% more capital invested

Capital invested by funds: $106M → $116M (+$9.88M)

7% more funds holding

Funds holding: 8389 (+6)

1.22% more ownership

Funds ownership: 17.16%18.38% (+1.2%)

Holders
89
Holders Change
+6
Holders Change %
+7.23%
% of All Funds
1.82%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
27
Reduced
22
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$13.2M -$584K -49,906 -4%
PPA
2
Parametric Portfolio Associates
Washington
$9.39M +$2.02M +172,602 +28%
SIA
3
Sit Investment Associates
Minnesota
$8.73M -$600K -51,200 -7%
RCM
4
Rivernorth Capital Management
Florida
$7.27M +$4.07M +347,556 +134%
GC
5
Guggenheim Capital
Illinois
$6.41M +$1.3M +110,970 +26%
MSL
6
Mackay Shields LLC
New York
$4.96M
RCM
7
Robinson Capital Management
Michigan
$4.86M +$987K +84,246 +26%
Morgan Stanley
8
Morgan Stanley
New York
$3.81M +$408K +34,867 +12%
VCM
9
Vivaldi Capital Management
Illinois
$3.54M +$306K +26,146 +10%
Stifel Financial
10
Stifel Financial
Missouri
$3.46M +$65.7K +5,606 +2%
JWA
11
JFS Wealth Advisors
Pennsylvania
$3.03M +$445K +37,959 +18%
UBS Group
12
UBS Group
Switzerland
$2.92M -$911K -77,760 -24%
CC
13
Claybrook Capital
Massachusetts
$2.84M
VanEck Associates
14
VanEck Associates
New York
$2.82M -$87K -7,431 -3%
Wells Fargo
15
Wells Fargo
California
$2.67M -$295K -25,161 -10%
RJA
16
Raymond James & Associates
Florida
$2.53M -$369K -31,538 -13%
CSA
17
Cottage Street Advisors
Massachusetts
$2.39M
Fiera Capital (Canada)
18
Fiera Capital (Canada)
Quebec, Canada
$2.05M -$395K -33,765 -16%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$1.98M -$232K -19,820 -11%
Bank of America
20
Bank of America
North Carolina
$1.84M -$160K -13,657 -8%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$1.72M +$37.8K +3,225 +2%
Invesco
22
Invesco
Georgia
$1.38M -$14.4K -1,227 -1%
Ameriprise
23
Ameriprise
Minnesota
$1.38M +$104K +8,854 +8%
Osaic Holdings
24
Osaic Holdings
Arizona
$1.28M -$30.3K -2,584 -2%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$1.21M +$73.3K +6,256 +7%

IQI Hedge Fund Activity: Q2 2020 in Review

89 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q2 2020, worth a combined $116M — up 9.3% from $106M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new IQI positions and 6 closed out — a net gain of 6 holders — while 27 added to existing stakes and 22 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $4.07M. The largest seller was UBS Group, cutting an estimated $911K.

  • 89 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q2 2020, up from 83 in Q1 2020.
  • Funds reported $116M of Invesco Quality Municipal Securities stock for Q2 2020, up 9.3% quarter-over-quarter.
  • 12 funds opened new Invesco Quality Municipal Securities positions in Q2 2020 and 6 closed out, a net change of +6 holders.
  • The largest Invesco Quality Municipal Securities buyer in Q2 2020 was Rivernorth Capital Management, an estimated $4.07M added.
  • The largest Invesco Quality Municipal Securities seller in Q2 2020 was UBS Group, an estimated $911K sold.

Based on aggregated 13F filings for Q2 2020.