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Invesco Trust Investment Grade Municipals

65 hedge funds and large institutions have $70.4M invested in Invesco Trust Investment Grade Municipals in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 14

0.88% less ownership

Funds ownership: 10.52%9.64% (-0.88%)

5% less capital invested

Capital invested by funds: $74.3M → $70.4M (-$3.93M)

10% less funds holding

Funds holding: 7265 (-7)

54% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 13

Holders
65
Holders Change
-7
Holders Change %
-9.72%
% of All Funds
1.89%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
22
Reduced
14
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
1
AllianceBernstein
Tennessee
$11.3M +$968K +74,900 +10%
KIM
2
Karpus Investment Management
New York
$10.6M +$253K +19,550 +2%
Morgan Stanley
3
Morgan Stanley
New York
$4.33M -$1.99M -153,904 -32%
PPA
4
Parametric Portfolio Associates
Washington
$4M +$168K +13,006 +4%
NVIM
5
New Vernon Investment Management
Illinois
$3.93M
GC
6
Guggenheim Capital
Illinois
$3.63M +$491K +37,941 +16%
Deutsche Bank
7
Deutsche Bank
Germany
$2.86M -$9.89K -765 -0.3%
RCM
8
Rivernorth Capital Management
Florida
$2.23M -$372K -28,800 -14%
FIMG
9
Financial & Investment Management Group
Michigan
$2.11M +$203K +15,700 +11%
AAM
10
Advisors Asset Management
Colorado
$2.1M +$635K +49,115 +44%
BTS
11
BB&T Securities
Virginia
$2.08M +$205K +15,851 New
TCM
12
Tradewinds Capital Management
Washington
$1.76M +$405K +31,298 +30%
GEM
13
Global Endowment Management
North Carolina
$1.7M -$698K -54,000 -29%
CA
14
Cornerstone Advisors
North Carolina
$1.61M +$45.2K +3,500 +3%
AQR Capital Management
15
AQR Capital Management
Connecticut
$1.57M +$529K +40,946 +52%
Stifel Financial
16
Stifel Financial
Missouri
$1.47M -$13.4K -1,037 -0.9%
LPL Financial
17
LPL Financial
California
$1.32M -$72K -5,568 -5%
N
18
Nuveen
North Carolina
$1.15M
U
19
UBS
Switzerland
$844K +$41.6K +3,219 +5%
CCM
20
Cutler Capital Management
Massachusetts
$819K +$132K +10,210 +20%
VanEck Associates
21
VanEck Associates
New York
$743K +$19.8K +1,528 +3%
Allianz Asset Management
22
Allianz Asset Management
Germany
$721K
ACI
23
AMP Capital Investors
Australia
$703K
Bank of America
24
Bank of America
North Carolina
$604K -$52.7K -4,077 -8%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$547K +$221K +17,120 +70%