Invesco Bond Fund
VBF
33 hedge funds and large institutions have $36.4M invested in Invesco Bond Fund in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
36% more capital invested
Capital invested by funds: $26.7M → $36.4M (+$9.74M)
10% more funds holding
Funds holding: 30 → 33 (+3)
5.38% more ownership
Funds ownership: 10.94% → 16.32% (+5.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.97M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.01M |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.86M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.59M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$865K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$467K |
| 2 |
MA
MUFG Americas
New York
|
-$205K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$186K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$171K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$141K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EFSCE
26
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $35K | – | – | – |
|
27
First Manhattan
New York
| $35K | – | – | – |
|
28
Ameriprise
Minneapolis,
Minnesota
| $26K | +$20.2K | +1,150 | +346% |
|
29
M&T Bank
Buffalo,
New York
| $14K | – | – | – |
|
|
HR
30
Howe & Rusling
Rochester,
New York
| $7K | – | – | – |
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $7K | +$7.04K | +400 | New |
|
32
Nomura Holdings
Tokyo,
Japan
| $7K | +$7.04K | +400 | New |
|
33
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
|
LTFS
34
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | – | – | – |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| $3K | -$6.83K | -388 | -67% |
|
|
MA
36
MUFG Americas
New York
| – | -$205K | -11,200 | Closed |
|
|
37
HighTower Advisors
Chicago,
Illinois
| – | -$186K | -10,162 | Closed |
|
VBF Hedge Fund Activity: Q3 2013 in Review
33 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Invesco Bond Fund (VBF) for Q3 2013, worth a combined $36.4M — up 36% from $26.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new VBF positions and 2 closed out — a net gain of 4 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.97M. The largest seller was Guggenheim Capital, cutting an estimated $467K.
- 33 institutional investors held Invesco Bond Fund (VBF) as of Q3 2013, up from 30 in Q2 2013.
- Funds reported $36.4M of Invesco Bond Fund stock for Q3 2013, up 36% quarter-over-quarter.
- 6 funds opened new Invesco Bond Fund positions in Q3 2013 and 2 closed out, a net change of +4 holders.
- The largest Invesco Bond Fund buyer in Q3 2013 was Karpus Investment Management, an estimated $2.97M added.
- The largest Invesco Bond Fund seller in Q3 2013 was Guggenheim Capital, an estimated $467K sold.
Based on aggregated 13F filings for Q3 2013.