Invesco Bond Fund
VBF
34 hedge funds and large institutions have $65M invested in Invesco Bond Fund in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
13% more funds holding
Funds holding: 30 → 34 (+4)
1.51% more ownership
Funds ownership: 28.73% → 30.24% (+1.5%)
4% more capital invested
Capital invested by funds: $62.4M → $65M (+$2.68M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.44M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.96M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.85M |
| 4 |
Morgan Stanley
New York
|
+$1.45M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$913K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$7.46M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$5.61M |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$754K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$348K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$265K |
VBF Hedge Fund Activity: Q4 2014 in Review
34 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Invesco Bond Fund (VBF) for Q4 2014, worth a combined $65M — up 4.3% from $62.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new VBF positions and 4 closed out — a net gain of 5 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $7.44M. The largest seller was Saba Capital Management, cutting an estimated $7.46M.
- 34 institutional investors held Invesco Bond Fund (VBF) as of Q4 2014, up from 30 in Q3 2014.
- Funds reported $65M of Invesco Bond Fund stock for Q4 2014, up 4.3% quarter-over-quarter.
- 9 funds opened new Invesco Bond Fund positions in Q4 2014 and 4 closed out, a net change of +5 holders.
- The largest Invesco Bond Fund buyer in Q4 2014 was Karpus Investment Management, an estimated $7.44M added.
- The largest Invesco Bond Fund seller in Q4 2014 was Saba Capital Management, an estimated $7.46M sold.
Based on aggregated 13F filings for Q4 2014.