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Invesco Quality Municipal Securities

92 hedge funds and large institutions have $121M invested in Invesco Quality Municipal Securities in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 18 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 18

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

2.08% more ownership

Funds ownership: 18.11%20.19% (+2.1%)

1% more funds holding

Funds holding: 9192 (+1)

7% less capital invested

Capital invested by funds: $130M → $121M (-$9.4M)

Holders
92
Holders Change
+1
Holders Change %
+1.1%
% of All Funds
1.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
30
Reduced
18
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$17.9M +$2.1M +175,105 +12%
SIA
2
Sit Investment Associates
Minnesota
$10.3M -$150K -12,552 -1%
GC
3
Guggenheim Capital
Illinois
$5.88M +$672K +56,068 +12%
Morgan Stanley
4
Morgan Stanley
New York
$5.48M +$383K +31,967 +7%
PPA
5
Parametric Portfolio Associates
Washington
$4.92M +$590K +49,256 +13%
HWAM
6
Hennion & Walsh Asset Management
New Jersey
$4.83M -$173K -14,440 -3%
RJA
7
Raymond James & Associates
Florida
$4.18M +$365K +30,494 +9%
JWA
8
JFS Wealth Advisors
Pennsylvania
$3.83M +$25.6K +2,137 +0.6%
Fiera Capital (Canada)
9
Fiera Capital (Canada)
Quebec, Canada
$3.76M +$2.57M +214,481 +183%
UBS Group
10
UBS Group
Switzerland
$3.67M -$1.11M -92,731 -22%
Wells Fargo
11
Wells Fargo
California
$3.62M +$177K +14,756 +5%
VanEck Associates
12
VanEck Associates
New York
$3.27M -$70.4K -5,875 -2%
AAM
13
Advisors Asset Management
Colorado
$2.9M +$1.28M +106,860 +71%
CC
14
Claybrook Capital
Massachusetts
$2.77M
Stifel Financial
15
Stifel Financial
Missouri
$2.5M +$68.9K +5,750 +3%
Bank of America
16
Bank of America
North Carolina
$2.34M -$361K -30,117 -13%
MSL
17
Mackay Shields LLC
New York
$2.18M
LPL Financial
18
LPL Financial
California
$2.15M +$447K +37,300 +25%
KIM
19
Karpus Investment Management
New York
$2.1M +$1.74M +145,001 +364%
CSA
20
Cottage Street Advisors
Massachusetts
$1.97M
RJFSA
21
Raymond James Financial Services Advisors
Florida
$1.97M -$79K -6,597 -4%
CF
22
Centaurus Financial
California
$1.91M +$1.34M +111,727 +196%
VCM
23
Vivaldi Capital Management
Illinois
$1.91M +$2.26M +188,585 New
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$1.88M +$145K +12,093 +8%
Baird Financial Group
25
Baird Financial Group
Wisconsin
$1.71M -$37.7K -3,147 -2%

IQI Hedge Fund Activity: Q1 2022 in Review

92 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q1 2022, worth a combined $121M — down 7.2% from $130M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new IQI positions and 10 closed out — a net gain of 2 holders — while 30 added to existing stakes and 18 trimmed.

The largest buyer was Fiera Capital (Canada), adding an estimated $2.57M. The largest seller was UBS Group, cutting an estimated $1.11M.

  • 92 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q1 2022, up from 91 in Q4 2021.
  • Funds reported $121M of Invesco Quality Municipal Securities stock for Q1 2022, down 7.2% quarter-over-quarter.
  • 12 funds opened new Invesco Quality Municipal Securities positions in Q1 2022 and 10 closed out, a net change of +2 holders.
  • The largest Invesco Quality Municipal Securities buyer in Q1 2022 was Fiera Capital (Canada), an estimated $2.57M added.
  • The largest Invesco Quality Municipal Securities seller in Q1 2022 was UBS Group, an estimated $1.11M sold.

Based on aggregated 13F filings for Q1 2022.