Invesco Trust Investment Grade Municipals
VGM
80 hedge funds and large institutions have $142M invested in Invesco Trust Investment Grade Municipals in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 16 reducing their positions, and 9 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 16
0% more funds holding
Funds holding: 80 → 80 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
0.55% less ownership
Funds ownership: 19.95% → 19.4% (-0.55%)
1% less capital invested
Capital invested by funds: $143M → $142M (-$1.07M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$943K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$841K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$598K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$320K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.81M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.44M |
| 3 |
OCM
Orser Capital Management
Southlake,
Texas
|
-$848K |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
-$743K |
| 5 |
BI
Bramshill Investments
Naples,
Florida
|
-$611K |
VGM Hedge Fund Activity: Q1 2021 in Review
80 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust Investment Grade Municipals (VGM) for Q1 2021, worth a combined $142M — down 0.75% from $143M a quarter earlier.
Fund positioning in VGM was balanced in Q1 2021: 9 funds opened new positions, 9 closed out, 27 added to existing stakes and 16 trimmed.
The largest buyer was Bank of America, adding an estimated $943K. The largest seller was Karpus Investment Management, cutting an estimated $2.81M.
- 80 institutional investors held Invesco Trust Investment Grade Municipals (VGM) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $142M of Invesco Trust Investment Grade Municipals stock for Q1 2021, down 0.75% quarter-over-quarter.
- 9 funds opened new Invesco Trust Investment Grade Municipals positions in Q1 2021 and 9 closed out, a net change of 0 holders.
- The largest Invesco Trust Investment Grade Municipals buyer in Q1 2021 was Bank of America, an estimated $943K added.
- The largest Invesco Trust Investment Grade Municipals seller in Q1 2021 was Karpus Investment Management, an estimated $2.81M sold.
Based on aggregated 13F filings for Q1 2021.