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Invesco Quality Municipal Securities

92 hedge funds and large institutions have $116M invested in Invesco Quality Municipal Securities in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

24% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 21

3% more funds holding

Funds holding: 8992 (+3)

0% more capital invested

Capital invested by funds: $116M → $116M (+$306K)

0.54% less ownership

Funds ownership: 18.38%17.84% (-0.54%)

Holders
92
Holders Change
+3
Holders Change %
+3.37%
% of All Funds
1.86%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
26
Reduced
21
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$11.5M -$2.21M -178,603 -16%
PPA
2
Parametric Portfolio Associates
Washington
$10.1M +$411K +33,203 +4%
SIA
3
Sit Investment Associates
Minnesota
$9.67M +$619K +50,000 +7%
RCM
4
Rivernorth Capital Management
Florida
$7.51M +$1.24K +100 +0%
GC
5
Guggenheim Capital
Illinois
$6.59M -$53.2K -4,299 -0.8%
MSL
6
Mackay Shields LLC
New York
$5.14M
Morgan Stanley
7
Morgan Stanley
New York
$4.16M +$211K +17,050 +5%
Stifel Financial
8
Stifel Financial
Missouri
$3.62M +$33K +2,668 +0.9%
UBS Group
9
UBS Group
Switzerland
$3.61M +$586K +47,384 +19%
JWA
10
JFS Wealth Advisors
Pennsylvania
$3.6M +$455K +36,757 +14%
VanEck Associates
11
VanEck Associates
New York
$3.11M +$191K +15,441 +7%
VCM
12
Vivaldi Capital Management
Illinois
$2.97M -$508K -41,102 -15%
CC
13
Claybrook Capital
Massachusetts
$2.95M
RJA
14
Raymond James & Associates
Florida
$2.92M +$294K +23,772 +11%
Wells Fargo
15
Wells Fargo
California
$2.59M -$185K -14,932 -7%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$2.52M +$459K +37,137 +22%
CSA
17
Cottage Street Advisors
Massachusetts
$2.16M -$322K -26,000 -13%
Fiera Capital (Canada)
18
Fiera Capital (Canada)
Quebec, Canada
$2.11M -$14.1K -1,138 -0.7%
Bank of America
19
Bank of America
North Carolina
$2.06M +$161K +13,050 +8%
Invesco
20
Invesco
Georgia
$1.84M +$408K +33,020 +28%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$1.79M +$8.26K +668 +0.5%
Osaic Holdings
22
Osaic Holdings
Arizona
$1.59M +$258K +20,829 +19%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$1.45M +$195K +15,739 +16%
Ameriprise
24
Ameriprise
Minnesota
$1.38M -$52.5K -4,246 -4%
First Trust Advisors
25
First Trust Advisors
Illinois
$1.16M +$73.5K +5,941 +7%

IQI Hedge Fund Activity: Q3 2020 in Review

92 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q3 2020, worth a combined $116M — up 0.26% from $116M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new IQI positions and 7 closed out — a net gain of 4 holders — while 26 added to existing stakes and 21 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $619K. The largest seller was Robinson Capital Management, exiting entirely with an estimated $4.86M sold.

  • 92 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q3 2020, up from 89 in Q2 2020.
  • Funds reported $116M of Invesco Quality Municipal Securities stock for Q3 2020, up 0.26% quarter-over-quarter.
  • 11 funds opened new Invesco Quality Municipal Securities positions in Q3 2020 and 7 closed out, a net change of +4 holders.
  • The largest Invesco Quality Municipal Securities buyer in Q3 2020 was Sit Investment Associates, an estimated $619K added.
  • The largest Invesco Quality Municipal Securities seller in Q3 2020 was Robinson Capital Management, an estimated $4.86M sold.

Based on aggregated 13F filings for Q3 2020.