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Invesco Quality Municipal Securities

94 hedge funds and large institutions have $121M invested in Invesco Quality Municipal Securities in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 23

1.46% more ownership

Funds ownership: 23.67%25.13% (+1.5%)

2% less funds holding

Funds holding: 9694 (-2)

5% less capital invested

Capital invested by funds: $128M → $121M (-$6.41M)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

Holders
94
Holders Change
-2
Holders Change %
-2.08%
% of All Funds
1.62%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
32
Reduced
23
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$16.9M +$4.81M +471,427 +34%
RCM
2
Rivernorth Capital Management
Florida
$15.3M -$2.96M -289,939 -15%
Morgan Stanley
3
Morgan Stanley
New York
$10.2M +$1.38M +135,433 +14%
SIA
4
Sit Investment Associates
Minnesota
$8.34M +$27.1K +2,654 +0.3%
GC
5
Guggenheim Capital
Illinois
$5.58M +$494K +48,438 +9%
AAM
6
Advisors Asset Management
Colorado
$3.86M +$538K +52,670 +14%
HWAM
7
Hennion & Walsh Asset Management
New Jersey
$3.73M -$70.4K -6,899 -2%
RJA
8
Raymond James & Associates
Florida
$3.41M -$82.8K -8,111 -2%
VCM
9
Vivaldi Capital Management
Illinois
$3.38M +$558K +54,669 +18%
Fiera Capital (Canada)
10
Fiera Capital (Canada)
Quebec, Canada
$3.14M -$21.9K -2,144 -0.6%
Wells Fargo
11
Wells Fargo
California
$2.92M -$15K -1,468 -0.5%
UBS Group
12
UBS Group
Switzerland
$2.83M +$171K +16,768 +6%
VanEck Associates
13
VanEck Associates
New York
$2.47M +$268K +26,300 +11%
JWA
14
JFS Wealth Advisors
Pennsylvania
$2.31M +$2.49M +243,884 +2,641%
CC
15
Claybrook Capital
Massachusetts
$2.23M
BlackRock
16
BlackRock
New York
$2.21M
Stifel Financial
17
Stifel Financial
Missouri
$1.91M -$24.9K -2,443 -1%
CF
18
Centaurus Financial
California
$1.79M -$99.7K -9,770 -5%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$1.78M +$71.2K +6,980 +4%
MSL
20
Mackay Shields LLC
New York
$1.76M
Bank of America
21
Bank of America
North Carolina
$1.49M +$155K +15,153 +10%
LPL Financial
22
LPL Financial
California
$1.35M -$105K -10,306 -7%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$1.32M +$38.1K +3,728 +3%
BF
24
BOK Financial
Oklahoma
$1.29M -$10.2K -1,000 -0.7%
Osaic Holdings
25
Osaic Holdings
Arizona
$1.25M +$20K +1,963 +1%

IQI Hedge Fund Activity: Q3 2022 in Review

94 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q3 2022, worth a combined $121M — down 5% from $128M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of IQI and 6 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 32 added.

The largest buyer was Karpus Investment Management, adding an estimated $4.81M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.96M.

  • 94 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q3 2022, down from 96 in Q2 2022.
  • Funds reported $121M of Invesco Quality Municipal Securities stock for Q3 2022, down 5% quarter-over-quarter.
  • 6 funds opened new Invesco Quality Municipal Securities positions in Q3 2022 and 8 closed out, a net change of -2 holders.
  • The largest Invesco Quality Municipal Securities buyer in Q3 2022 was Karpus Investment Management, an estimated $4.81M added.
  • The largest Invesco Quality Municipal Securities seller in Q3 2022 was Rivernorth Capital Management, an estimated $2.96M sold.

Based on aggregated 13F filings for Q3 2022.