Invesco Quality Municipal Securities
IQI
89 hedge funds and large institutions have $121M invested in Invesco Quality Municipal Securities in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 9 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
4% more capital invested
Capital invested by funds: $116M → $121M (+$4.45M)
0.25% less ownership
Funds ownership: 17.84% → 17.6% (-0.25%)
3% less funds holding
Funds holding: 92 → 89 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.14M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$852K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$371K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$274K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.87M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$909K |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$402K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$330K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$318K |
IQI Hedge Fund Activity: Q4 2020 in Review
89 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q4 2020, worth a combined $121M — up 3.8% from $116M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IQI and 6 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 28 added.
The largest buyer was UBS Group, adding an estimated $1.14M. The largest seller was Karpus Investment Management, cutting an estimated $2.87M.
- 89 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q4 2020, down from 92 in Q3 2020.
- Funds reported $121M of Invesco Quality Municipal Securities stock for Q4 2020, up 3.8% quarter-over-quarter.
- 6 funds opened new Invesco Quality Municipal Securities positions in Q4 2020 and 9 closed out, a net change of -3 holders.
- The largest Invesco Quality Municipal Securities buyer in Q4 2020 was UBS Group, an estimated $1.14M added.
- The largest Invesco Quality Municipal Securities seller in Q4 2020 was Karpus Investment Management, an estimated $2.87M sold.
Based on aggregated 13F filings for Q4 2020.