Invesco Trust Investment Grade Municipals
VGM
72 hedge funds and large institutions have $69.2M invested in Invesco Trust Investment Grade Municipals in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 10 reducing their positions, and 8 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 10
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
13% more capital invested
Capital invested by funds: $61.5M → $69.2M (+$7.7M)
9% more funds holding
Funds holding: 66 → 72 (+6)
0.94% more ownership
Funds ownership: 8.92% → 9.87% (+0.94%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Samson Capital Advisors
New York
|
+$3.63M |
| 2 |
NCMW
Northern Capital Management (Wisconsin)
Madison,
Wisconsin
|
+$1.42M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.07M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$711K |
| 5 |
Morgan Stanley
New York
|
+$639K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$1.29M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.29M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.26M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$269K |
| 5 |
TCT
TIAA CREF Trust
St Louis,
Missouri
|
-$261K |
VGM Hedge Fund Activity: Q3 2015 in Review
72 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust Investment Grade Municipals (VGM) for Q3 2015, worth a combined $69.2M — up 13% from $61.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new VGM positions and 8 closed out — a net gain of 6 holders — while 22 added to existing stakes and 10 trimmed.
The largest buyer was Samson Capital Advisors, opening a new position worth an estimated $3.63M. The largest seller was Global Endowment Management, exiting entirely with an estimated $1.29M sold.
- 72 institutional investors held Invesco Trust Investment Grade Municipals (VGM) as of Q3 2015, up from 66 in Q2 2015.
- Funds reported $69.2M of Invesco Trust Investment Grade Municipals stock for Q3 2015, up 13% quarter-over-quarter.
- 14 funds opened new Invesco Trust Investment Grade Municipals positions in Q3 2015 and 8 closed out, a net change of +6 holders.
- The largest Invesco Trust Investment Grade Municipals buyer in Q3 2015 was Samson Capital Advisors, an estimated $3.63M added.
- The largest Invesco Trust Investment Grade Municipals seller in Q3 2015 was Global Endowment Management, an estimated $1.29M sold.
Based on aggregated 13F filings for Q3 2015.