Invesco Trust Investment Grade Municipals
VGM
71 hedge funds and large institutions have $62.3M invested in Invesco Trust Investment Grade Municipals in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
3% more funds holding
Funds holding: 69 → 71 (+2)
0.42% more ownership
Funds ownership: 8.93% → 9.35% (+0.42%)
3% less capital invested
Capital invested by funds: $64M → $62.3M (-$1.64M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.36M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$866K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$696K |
| 4 |
Millennium Management
New York
|
+$567K |
| 5 |
SG Americas Securities
New York
|
+$468K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$653K |
| 2 |
LCM
Laurion Capital Management
New York
|
-$460K |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$359K |
| 4 |
SRC
Shufro Rose & Co
New York
|
-$357K |
| 5 |
Morgan Stanley
New York
|
-$273K |
VGM Hedge Fund Activity: Q1 2018 in Review
71 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust Investment Grade Municipals (VGM) for Q1 2018, worth a combined $62.3M — down 2.6% from $64M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new VGM positions and 7 closed out — a net gain of 2 holders — while 24 added to existing stakes and 18 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $1.36M. The largest seller was Invesco, cutting an estimated $653K.
- 71 institutional investors held Invesco Trust Investment Grade Municipals (VGM) as of Q1 2018, up from 69 in Q4 2017.
- Funds reported $62.3M of Invesco Trust Investment Grade Municipals stock for Q1 2018, down 2.6% quarter-over-quarter.
- 9 funds opened new Invesco Trust Investment Grade Municipals positions in Q1 2018 and 7 closed out, a net change of +2 holders.
- The largest Invesco Trust Investment Grade Municipals buyer in Q1 2018 was Robinson Capital Management, an estimated $1.36M added.
- The largest Invesco Trust Investment Grade Municipals seller in Q1 2018 was Invesco, an estimated $653K sold.
Based on aggregated 13F filings for Q1 2018.