Invesco Bond Fund
VBF
28 hedge funds and large institutions have $64M invested in Invesco Bond Fund in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 7 closing their positions.
2% less capital invested
Capital invested by funds: $65M → $64M (-$1.08M)
1.01% less ownership
Funds ownership: 30.24% → 29.23% (-1%)
18% less funds holding
Funds holding: 34 → 28 (-6)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.32M |
| 2 |
Morgan Stanley
New York
|
+$827K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$58K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$54.7K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$24.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.25M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$959K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$887K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$776K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$267K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
26
Winslow Evans & Crocker
Boston,
Massachusetts
| $13.1K | – | – | – |
|
27
US Bancorp
Minneapolis,
Minnesota
| $12K | – | – | – |
|
|
HR
28
Howe & Rusling
Rochester,
New York
| $7K | – | – | – |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | +$2.33K | +125 | +50% |
|
|
30
AQR Capital Management
Greenwich,
Connecticut
| – | -$959K | -52,116 | Closed |
|
|
31
HighTower Advisors
Chicago,
Illinois
| – | -$267K | -14,500 | Closed |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$225K | -12,210 | Closed |
|
|
WA
33
WFG Advisors
Dallas,
Texas
| – | -$18K | -1,002 | Closed |
|
34
Barclays
London,
United Kingdom
| – | -$2K | -123 | Closed |
|
35
Citigroup
New York
| – | -$2K | -106 | Closed |
|
|
BRWA
36
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$2 | -92 | Closed |
|
VBF Hedge Fund Activity: Q1 2015 in Review
28 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco Bond Fund (VBF) for Q1 2015, worth a combined $64M — down 1.7% from $65M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of VBF and 1 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was Wells Fargo, adding an estimated $1.32M. The largest seller was Saba Capital Management, cutting an estimated $1.25M.
- 28 institutional investors held Invesco Bond Fund (VBF) as of Q1 2015, down from 34 in Q4 2014.
- Funds reported $64M of Invesco Bond Fund stock for Q1 2015, down 1.7% quarter-over-quarter.
- 1 fund opened new Invesco Bond Fund positions in Q1 2015 and 7 closed out, a net change of -6 holders.
- The largest Invesco Bond Fund buyer in Q1 2015 was Wells Fargo, an estimated $1.32M added.
- The largest Invesco Bond Fund seller in Q1 2015 was Saba Capital Management, an estimated $1.25M sold.
Based on aggregated 13F filings for Q1 2015.