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 |
VBF Hedge Fund Activity: Q1 2015 in Review
28 of the 3,770 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.