Invesco Bond Fund
VBF
30 hedge funds and large institutions have $42.4M invested in Invesco Bond Fund in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 4 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
1.7% less ownership
Funds ownership: 20.76% → 19.06% (-1.7%)
5% less capital invested
Capital invested by funds: $44.7M → $42.4M (-$2.31M)
9% less funds holding
Funds holding: 33 → 30 (-3)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$376K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$299K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$286K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$171K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.5M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.26M |
| 3 |
Morgan Stanley
New York
|
-$983K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$817K |
| 5 |
LPL Financial
San Diego,
California
|
-$244K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CTC
26
Central Trust Company
Jefferson City,
Missouri
| $6K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | +$5.71K | +297 | New |
|
|
PCM
28
Penserra Capital Management
Orinda,
California
| $5K | +$519 | +27 | +10% |
|
29
Creative Planning
Overland Park,
Kansas
| $2K | -$10.3K | -535 | -82% |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| $2K | – | – | – |
|
|
KIM
31
Karpus Investment Management
Pittsford,
New York
| – | -$1.5M | -79,322 | Closed |
|
|
LCM
32
Landscape Capital Management
Englewood,
New Jersey
| – | -$817K | -43,989 | Closed |
|
|
33
LPL Financial
San Diego,
California
| – | -$244K | -12,850 | Closed |
|
|
DA
34
Doliver Advisors
Houston,
Texas
| – | -$225K | -11,861 | Closed |
|
VBF Hedge Fund Activity: Q2 2017 in Review
30 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Bond Fund (VBF) for Q2 2017, worth a combined $42.4M — down 5.2% from $44.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of VBF and 2 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $376K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $1.5M sold.
- 30 institutional investors held Invesco Bond Fund (VBF) as of Q2 2017, down from 33 in Q1 2017.
- Funds reported $42.4M of Invesco Bond Fund stock for Q2 2017, down 5.2% quarter-over-quarter.
- 2 funds opened new Invesco Bond Fund positions in Q2 2017 and 4 closed out, a net change of -2 holders.
- The largest Invesco Bond Fund buyer in Q2 2017 was Bank of America, an estimated $376K added.
- The largest Invesco Bond Fund seller in Q2 2017 was Karpus Investment Management, an estimated $1.5M sold.
Based on aggregated 13F filings for Q2 2017.