Invesco Quality Municipal Securities
IQI
89 hedge funds and large institutions have $150M invested in Invesco Quality Municipal Securities in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 27 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
9% more capital invested
Capital invested by funds: $137M → $150M (+$12.8M)
2% more funds holding
Funds holding: 87 → 89 (+2)
0.93% more ownership
Funds ownership: 27.54% → 28.47% (+0.93%)
7% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.23M |
| 2 |
Rockefeller Capital Management
New York
|
+$2.07M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.27M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.09M |
| 5 |
LPL Financial
San Diego,
California
|
+$875K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.31M |
| 2 |
Goldman Sachs
New York
|
-$990K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$472K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$378K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$259K |
IQI Hedge Fund Activity: Q1 2023 in Review
89 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q1 2023, worth a combined $150M — up 9.3% from $137M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new IQI positions and 9 closed out — a net gain of 3 holders — while 25 added to existing stakes and 27 trimmed.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $2.23M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.31M.
- 89 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q1 2023, up from 87 in Q4 2022.
- Funds reported $150M of Invesco Quality Municipal Securities stock for Q1 2023, up 9.3% quarter-over-quarter.
- 12 funds opened new Invesco Quality Municipal Securities positions in Q1 2023 and 9 closed out, a net change of +3 holders.
- The largest Invesco Quality Municipal Securities buyer in Q1 2023 was Hennion & Walsh Asset Management, an estimated $2.23M added.
- The largest Invesco Quality Municipal Securities seller in Q1 2023 was Rivernorth Capital Management, an estimated $1.31M sold.
Based on aggregated 13F filings for Q1 2023.