Invesco Bond Fund
VBF
30 hedge funds and large institutions have $62.4M invested in Invesco Bond Fund in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 7 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
0.65% less ownership
Funds ownership: 29.38% → 28.73% (-0.65%)
5% less capital invested
Capital invested by funds: $65.9M → $62.4M (-$3.5M)
17% less funds holding
Funds holding: 36 → 30 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$944K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$651K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$569K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$162K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$36.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.18M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$380K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$318K |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$273K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$246K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
26
Howe & Rusling
Rochester,
New York
| $7K | – | – | – |
|
27
Citigroup
New York
| $5K | -$1.32K | -70 | -22% |
|
|
DOA
28
D'Orazio & Associates
Falls Church,
Virginia
| $5K | – | – | – |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | – | – | – |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $4K | +$1.89K | +100 | +100% |
|
31
Creative Planning
Overland Park,
Kansas
| $2K | +$2.26K | +120 | New |
|
|
DA
32
Doliver Advisors
Houston,
Texas
| – | -$380K | -19,835 | Closed |
|
|
33
Nomura Holdings
Tokyo,
Japan
| – | -$273K | -14,400 | Closed |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$220K | -11,462 | Closed |
|
|
MA
35
MUFG Americas
New York
| – | -$28K | -1,450 | Closed |
|
36
M&T Bank
Buffalo,
New York
| – | -$16K | -818 | Closed |
|
|
BRWA
37
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$1.76K | -92 | Closed |
|
38
Barclays
London,
United Kingdom
| – | -$1K | -44 | Closed |
|
VBF Hedge Fund Activity: Q3 2014 in Review
30 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Invesco Bond Fund (VBF) for Q3 2014, worth a combined $62.4M — down 5.3% from $65.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of VBF and 1 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Morgan Stanley, adding an estimated $944K. The largest seller was Saba Capital Management, cutting an estimated $2.18M.
- 30 institutional investors held Invesco Bond Fund (VBF) as of Q3 2014, down from 36 in Q2 2014.
- Funds reported $62.4M of Invesco Bond Fund stock for Q3 2014, down 5.3% quarter-over-quarter.
- 1 fund opened new Invesco Bond Fund positions in Q3 2014 and 7 closed out, a net change of -6 holders.
- The largest Invesco Bond Fund buyer in Q3 2014 was Morgan Stanley, an estimated $944K added.
- The largest Invesco Bond Fund seller in Q3 2014 was Saba Capital Management, an estimated $2.18M sold.
Based on aggregated 13F filings for Q3 2014.