Invesco Bond Fund
VBF
36 hedge funds and large institutions have $65.9M invested in Invesco Bond Fund in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
16% more capital invested
Capital invested by funds: $56.6M → $65.9M (+$9.3M)
3.01% more ownership
Funds ownership: 26.37% → 29.38% (+3%)
3% more funds holding
Funds holding: 35 → 36 (+1)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.59M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.02M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.7M |
| 4 |
Morgan Stanley
New York
|
+$534K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$526K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$427K |
| 3 |
SCM
Saba Capital Management
New York
|
-$284K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$207K |
| 5 |
BBA
BLB&B Advisors
Montgomeryville,
Pennsylvania
|
-$196K |
VBF Hedge Fund Activity: Q2 2014 in Review
36 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Invesco Bond Fund (VBF) for Q2 2014, worth a combined $65.9M — up 16% from $56.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new VBF positions and 5 closed out — a net gain of 1 holder — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $3.59M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $526K sold.
- 36 institutional investors held Invesco Bond Fund (VBF) as of Q2 2014, up from 35 in Q1 2014.
- Funds reported $65.9M of Invesco Bond Fund stock for Q2 2014, up 16% quarter-over-quarter.
- 6 funds opened new Invesco Bond Fund positions in Q2 2014 and 5 closed out, a net change of +1 holder.
- The largest Invesco Bond Fund buyer in Q2 2014 was Karpus Investment Management, an estimated $3.59M added.
- The largest Invesco Bond Fund seller in Q2 2014 was Cornerstone Advisors, an estimated $526K sold.
Based on aggregated 13F filings for Q2 2014.