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Invesco Trust Investment Grade Municipals

72 hedge funds and large institutions have $59.9M invested in Invesco Trust Investment Grade Municipals in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 6

43% more capital invested

Capital invested by funds: $41.7M → $59.9M (+$18.1M)

26% more funds holding

Funds holding: 5772 (+15)

11% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 18

13.11% less ownership

Funds ownership: 22.15%9.04% (-13%)

Holders
72
Holders Change
+15
Holders Change %
+26.32%
% of All Funds
2.09%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
22
Increased
16
Reduced
18
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$7.3M +$7.24M +599,482 New
SIA
2
Sit Investment Associates
Minnesota
$5.45M -$2.24M -185,300 -29%
Morgan Stanley
3
Morgan Stanley
New York
$5.02M -$214K -17,742 -4%
HighTower Advisors
4
HighTower Advisors
Illinois
$3.6M +$2.3M +190,613 +182%
PPA
5
Parametric Portfolio Associates
Washington
$2.65M +$1.11M +91,934 +73%
Deutsche Bank
6
Deutsche Bank
Germany
$2.5M +$2.43M +201,558 +5,241%
MIG
7
Mariner Investment Group
New York
$2.5M +$2.48M +205,159 New
RCM
8
Rivernorth Capital Management
Florida
$2.5M +$2.48M +205,084 New
GEM
9
Global Endowment Management
North Carolina
$2.24M +$1.73M +143,200 +351%
GC
10
Guggenheim Capital
Illinois
$2.1M -$318K -26,342 -13%
GCM
11
Gruss Capital Management
New York
$2.03M +$2.01M +166,498 New
FIMG
12
Financial & Investment Management Group
Michigan
$1.74M +$1.73M +143,000 New
CA
13
Cornerstone Advisors
North Carolina
$1.68M +$1.66M +137,522 New
LPL Financial
14
LPL Financial
California
$1.61M -$287K -23,760 -15%
Comerica Bank
15
Comerica Bank
Texas
$1.43M +$1.42M +117,762 New
WAM
16
Wolverine Asset Management
Illinois
$1.24M +$900K +74,586 +277%
N
17
Nuveen
North Carolina
$1.06M -$105M -8,659,432 -99%
TCM
18
Tradewinds Capital Management
Washington
$993K +$984K +81,509 New
AQR Capital Management
19
AQR Capital Management
Connecticut
$964K +$582K +48,219 +156%
Bank of America
20
Bank of America
North Carolina
$877K -$126K -10,426 -13%
Wells Fargo
21
Wells Fargo
California
$869K +$568K +47,082 +194%
U
22
UBS
Switzerland
$693K +$439K +36,392 +177%
Allianz Asset Management
23
Allianz Asset Management
Germany
$670K
CCM
24
Cutler Capital Management
Massachusetts
$637K +$631K +52,290 New
SG Americas Securities
25
SG Americas Securities
New York
$574K +$569K +47,161 New