Invesco Quality Municipal Securities
IQI
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.
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: 83 → 89 (+6)
1.22% more ownership
Funds ownership: 17.16% → 18.38% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.07M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.02M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.3M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$987K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$930K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$911K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$600K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$584K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$488K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$395K |
IQI Hedge Fund Activity: Q2 2020 in Review
89 of the 4,888 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.