Invesco Municipal Income Opportunities Trust
OIA
50 hedge funds and large institutions have $32M invested in Invesco Municipal Income Opportunities Trust in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 10 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
0.81% less ownership
Funds ownership: 10.34% → 9.53% (-0.81%)
6% less funds holding
Funds holding: 53 → 50 (-3)
6% less capital invested
Capital invested by funds: $34.2M → $32M (-$2.18M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNB
City National Bank
Beverly Hills,
California
|
+$253K |
| 2 |
LPL Financial
San Diego,
California
|
+$217K |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$195K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$139K |
| 5 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$70.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.74M |
| 2 |
Morgan Stanley
New York
|
-$728K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$222K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$176K |
| 5 |
FAT
First American Trust
Santa Ana,
California
|
-$157K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
First Trust Advisors
Wheaton,
Illinois
| – | -$156K | -22,282 | Closed |
|
|
N
52
Nuveen
Charlotte,
North Carolina
| – | -$140K | -20,000 | Closed |
|
53
AQR Capital Management
Greenwich,
Connecticut
| – | -$95K | -13,644 | Closed |
|
|
DI
54
Dalton Investments
Las Vegas,
Nevada
| – | -$88K | -12,667 | Closed |
|
55
Creative Planning
Overland Park,
Kansas
| – | -$30K | -4,300 | Closed |
|
|
CCA
56
Catalyst Capital Advisors
Huntington,
New York
| – | -$15K | -2,100 | Closed |
|
|
NPC
57
National Planning Corporation
El Segundo,
California
| – | -$4.37K | -629 | Closed |
|
|
BRWA
58
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$3 | -466 | Closed |
|
59
Citigroup
New York
| – | +$7 | +1 | New |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | +$126 | +18 | New |
|
OIA Hedge Fund Activity: Q1 2015 in Review
50 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Income Opportunities Trust (OIA) for Q1 2015, worth a combined $32M — down 6.4% from $34.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of OIA and 7 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was City National Bank, opening a new position worth an estimated $253K. The largest seller was Advisors Asset Management, cutting an estimated $1.74M.
- 50 institutional investors held Invesco Municipal Income Opportunities Trust (OIA) as of Q1 2015, down from 53 in Q4 2014.
- Funds reported $32M of Invesco Municipal Income Opportunities Trust stock for Q1 2015, down 6.4% quarter-over-quarter.
- 7 funds opened new Invesco Municipal Income Opportunities Trust positions in Q1 2015 and 10 closed out, a net change of -3 holders.
- The largest Invesco Municipal Income Opportunities Trust buyer in Q1 2015 was City National Bank, an estimated $253K added.
- The largest Invesco Municipal Income Opportunities Trust seller in Q1 2015 was Advisors Asset Management, an estimated $1.74M sold.
Based on aggregated 13F filings for Q1 2015.