Invesco Quality Municipal Securities
IQI
87 hedge funds and large institutions have $121M invested in Invesco Quality Municipal Securities in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 7 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
0.01% more ownership
Funds ownership: 17.6% → 17.6% (+0.01%)
0% less capital invested
Capital invested by funds: $121M → $121M (-$558K)
2% less funds holding
Funds holding: 89 → 87 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.26M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.29M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.1M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$938K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$557K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.63M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$2.45M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$994K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$661K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$414K |
IQI Hedge Fund Activity: Q1 2021 in Review
87 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q1 2021, worth a combined $121M — down 0.46% from $121M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of IQI and 6 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 26 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $6.26M. The largest seller was Karpus Investment Management, cutting an estimated $6.63M.
- 87 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q1 2021, down from 89 in Q4 2020.
- Funds reported $121M of Invesco Quality Municipal Securities stock for Q1 2021, down 0.46% quarter-over-quarter.
- 6 funds opened new Invesco Quality Municipal Securities positions in Q1 2021 and 7 closed out, a net change of -1 holder.
- The largest Invesco Quality Municipal Securities buyer in Q1 2021 was Rivernorth Capital Management, an estimated $6.26M added.
- The largest Invesco Quality Municipal Securities seller in Q1 2021 was Karpus Investment Management, an estimated $6.63M sold.
Based on aggregated 13F filings for Q1 2021.