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Invesco Quality Municipal Securities

90 hedge funds and large institutions have $132M invested in Invesco Quality Municipal Securities in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 25 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

12% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 25

0.63% more ownership

Funds ownership: 29.09%29.72% (+0.63%)

0% more funds holding

Funds holding: 9090 (0)

10% less capital invested

Capital invested by funds: $147M → $132M (-$15.2M)

Holders
90
Holders Change
Holders Change %
0%
% of All Funds
1.43%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
28
Reduced
25
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
$26.1M +$1.07M +116,130 +4%
RCM
2
Rivernorth Capital Management
Florida
$13.3M +$444K +48,229 +3%
GC
3
Guggenheim Capital
Illinois
$9.63M +$686K +74,448 +7%
Morgan Stanley
4
Morgan Stanley
New York
$9.53M -$1.49M -162,275 -12%
SIA
5
Sit Investment Associates
Minnesota
$6.53M -$642K -69,705 -8%
RJA
6
Raymond James & Associates
Florida
$5.75M +$509K +55,265 +9%
HWAM
7
Hennion & Walsh Asset Management
New Jersey
$4.55M -$2.67M -290,163 -35%
Wells Fargo
8
Wells Fargo
California
$3.56M +$75.8K +8,226 +2%
VCM
9
Vivaldi Capital Management
Illinois
$3.46M +$98.3K +10,678 +3%
AA
10
AQR Arbitrage
Connecticut
$3.1M +$1.51M +164,304 +80%
VanEck Associates
11
VanEck Associates
New York
$2.95M -$50.3K -5,467 -2%
LPL Financial
12
LPL Financial
California
$2.66M +$690K +74,880 +31%
AAM
13
Advisors Asset Management
Colorado
$2.39M -$36.3K -3,942 -1%
UBS Group
14
UBS Group
Switzerland
$2.37M -$238K -25,840 -8%
JWA
15
JFS Wealth Advisors
Pennsylvania
$2.11M -$15.6K -1,696 -0.7%
CC
16
Claybrook Capital
Massachusetts
$2.05M
LSC
17
Logan Stone Capital
Illinois
$1.91M +$1.67M +181,809 +398%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$1.78M +$141K +15,303 +8%
Rockefeller Capital Management
19
Rockefeller Capital Management
New York
$1.66M -$77.5K -8,417 -4%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$1.6M +$34.3K +3,724 +2%
RCM
21
Robinson Capital Management
Michigan
$1.58M +$753K +81,813 +76%
API
22
Advisor Partners II
California
$1.54M +$1.69M +183,818 New
Stifel Financial
23
Stifel Financial
Missouri
$1.48M -$35.9K -3,898 -2%
Osaic Holdings
24
Osaic Holdings
Arizona
$1.46M +$12.3K +1,334 +0.8%
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$1.4M -$51.3K -5,566 -3%

IQI Hedge Fund Activity: Q3 2023 in Review

90 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q3 2023, worth a combined $132M — down 10% from $147M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new IQI positions and 8 closed out — a net gain of 1 holder — while 28 added to existing stakes and 25 trimmed.

The largest buyer was Advisor Partners II, opening a new position worth an estimated $1.69M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $2.67M.

  • 90 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q3 2023, unchanged from Q2 2023.
  • Funds reported $132M of Invesco Quality Municipal Securities stock for Q3 2023, down 10% quarter-over-quarter.
  • 9 funds opened new Invesco Quality Municipal Securities positions in Q3 2023 and 8 closed out, a net change of +1 holder.
  • The largest Invesco Quality Municipal Securities buyer in Q3 2023 was Advisor Partners II, an estimated $1.69M added.
  • The largest Invesco Quality Municipal Securities seller in Q3 2023 was Hennion & Walsh Asset Management, an estimated $2.67M sold.

Based on aggregated 13F filings for Q3 2023.