Invesco Quality Municipal Securities
IQI
110 hedge funds and large institutions have $179M invested in Invesco Quality Municipal Securities in 2024 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 34 increasing their positions, 32 reducing their positions, and 12 closing their positions.
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
11% more capital invested
Capital invested by funds: $161M → $179M (+$18.1M)
6% more funds holding
Funds holding: 104 → 110 (+6)
3.01% more ownership
Funds ownership: 31.96% → 34.96% (+3%)
6% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.93M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$4.39M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.1M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.83M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.32M |
| 2 |
Lido Advisors
Los Angeles,
California
|
-$1.37M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.03M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$701K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$620K |
IQI Hedge Fund Activity: Q1 2024 in Review
110 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Invesco Quality Municipal Securities (IQI) for Q1 2024, worth a combined $179M — up 11% from $161M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new IQI positions and 12 closed out — a net gain of 6 holders — while 34 added to existing stakes and 32 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $4.93M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.32M.
- 110 institutional investors held Invesco Quality Municipal Securities (IQI) as of Q1 2024, up from 104 in Q4 2023.
- Funds reported $179M of Invesco Quality Municipal Securities stock for Q1 2024, up 11% quarter-over-quarter.
- 18 funds opened new Invesco Quality Municipal Securities positions in Q1 2024 and 12 closed out, a net change of +6 holders.
- The largest Invesco Quality Municipal Securities buyer in Q1 2024 was Saba Capital Management, an estimated $4.93M added.
- The largest Invesco Quality Municipal Securities seller in Q1 2024 was Rivernorth Capital Management, an estimated $3.32M sold.
Based on aggregated 13F filings for Q1 2024.