Invesco Trust Investment Grade Municipals
VGM
94 hedge funds and large institutions have $124M invested in Invesco Trust Investment Grade Municipals in 2022 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 17 reducing their positions, and 12 closing their positions.
94% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 17
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
4% more funds holding
Funds holding: 90 → 94 (+4)
0.94% more ownership
Funds ownership: 18.74% → 19.68% (+0.94%)
13% less capital invested
Capital invested by funds: $142M → $124M (-$17.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.05M |
| 2 |
Cerity Partners
New York
|
+$2.78M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.45M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.39M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$5.47M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.99M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$449K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$413K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$387K |
VGM Hedge Fund Activity: Q1 2022 in Review
94 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust Investment Grade Municipals (VGM) for Q1 2022, worth a combined $124M — down 13% from $142M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new VGM positions and 12 closed out — a net gain of 6 holders — while 33 added to existing stakes and 17 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.05M. The largest seller was Bramshill Investments, cutting an estimated $5.47M.
- 94 institutional investors held Invesco Trust Investment Grade Municipals (VGM) as of Q1 2022, up from 90 in Q4 2021.
- Funds reported $124M of Invesco Trust Investment Grade Municipals stock for Q1 2022, down 13% quarter-over-quarter.
- 18 funds opened new Invesco Trust Investment Grade Municipals positions in Q1 2022 and 12 closed out, a net change of +6 holders.
- The largest Invesco Trust Investment Grade Municipals buyer in Q1 2022 was Rivernorth Capital Management, an estimated $3.05M added.
- The largest Invesco Trust Investment Grade Municipals seller in Q1 2022 was Bramshill Investments, an estimated $5.47M sold.
Based on aggregated 13F filings for Q1 2022.