Invesco Trust Investment Grade Municipals

VGM

Market cap $552M

VGM Hedge Fund Activity: Q1 2026 in Review

109 of the 8,132 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust Investment Grade Municipals (VGM) for Q1 2026, worth a combined $117M — down 13% from $135M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new VGM positions and 10 closed out — a net gain of 9 holders — while 35 added to existing stakes and 28 trimmed.

The largest buyer was Hennion & Walsh Asset Management, adding an estimated $4.95M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $12.1M sold.

• 109 institutional investors held Invesco Trust Investment Grade Municipals (VGM) as of Q1 2026, up from 102 in Q4 2025.
• Funds reported $117M of Invesco Trust Investment Grade Municipals stock for Q1 2026, down 13% quarter-over-quarter.
• 19 funds opened new Invesco Trust Investment Grade Municipals positions in Q1 2026 and 10 closed out, a net change of +9 holders.
• The largest Invesco Trust Investment Grade Municipals buyer in Q1 2026 was Hennion & Walsh Asset Management, an estimated $4.95M added.
• The largest Invesco Trust Investment Grade Municipals seller in Q1 2026 was Robinson Capital Management, an estimated $12.1M sold.

Based on aggregated 13F filings for Q1 2026.