Invesco Trust Investment Grade Municipals
VGM
80 hedge funds and large institutions have $138M invested in Invesco Trust Investment Grade Municipals in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 11 reducing their positions, and 6 closing their positions.
173% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 11
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
3% more funds holding
Funds holding: 78 → 80 (+2)
0.14% less ownership
Funds ownership: 18.79% → 18.65% (-0.14%)
3% less capital invested
Capital invested by funds: $143M → $138M (-$4.57M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.83M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$877K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$712K |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
+$680K |
| 5 |
LPL Financial
San Diego,
California
|
+$326K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$5.52M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.24M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$1.09M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.03M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$569K |
VGM Hedge Fund Activity: Q3 2021 in Review
80 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust Investment Grade Municipals (VGM) for Q3 2021, worth a combined $138M — down 3.2% from $143M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new VGM positions and 6 closed out — a net gain of 2 holders — while 30 added to existing stakes and 11 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $3.83M. The largest seller was Parametric Portfolio Associates, cutting an estimated $5.52M.
- 80 institutional investors held Invesco Trust Investment Grade Municipals (VGM) as of Q3 2021, up from 78 in Q2 2021.
- Funds reported $138M of Invesco Trust Investment Grade Municipals stock for Q3 2021, down 3.2% quarter-over-quarter.
- 8 funds opened new Invesco Trust Investment Grade Municipals positions in Q3 2021 and 6 closed out, a net change of +2 holders.
- The largest Invesco Trust Investment Grade Municipals buyer in Q3 2021 was Citadel Advisors, an estimated $3.83M added.
- The largest Invesco Trust Investment Grade Municipals seller in Q3 2021 was Parametric Portfolio Associates, an estimated $5.52M sold.
Based on aggregated 13F filings for Q3 2021.