Invesco Trust Investment Grade Municipals
VGM
88 hedge funds and large institutions have $128M invested in Invesco Trust Investment Grade Municipals in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 17 closing their positions.
2.69% more ownership
Funds ownership: 19.68% → 22.37% (+2.7%)
3% more capital invested
Capital invested by funds: $124M → $128M (+$3.91M)
6% less funds holding
Funds holding: 94 → 88 (-6)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$6.12M |
| 2 |
Morgan Stanley
New York
|
+$4.15M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$3.85M |
| 4 |
BlackRock
New York
|
+$2.67M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$924K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$771K |
| 3 |
CA
Claro Advisors
Boston,
Massachusetts
|
-$679K |
| 4 |
H6H
Hightower 6M Holding
Wichita,
Kansas
|
-$582K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$569K |
VGM Hedge Fund Activity: Q2 2022 in Review
88 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust Investment Grade Municipals (VGM) for Q2 2022, worth a combined $128M — up 3.2% from $124M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of VGM and 13 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 23 added.
The largest buyer was Bramshill Investments, adding an estimated $6.12M. The largest seller was Guggenheim Capital, cutting an estimated $924K.
- 88 institutional investors held Invesco Trust Investment Grade Municipals (VGM) as of Q2 2022, down from 94 in Q1 2022.
- Funds reported $128M of Invesco Trust Investment Grade Municipals stock for Q2 2022, up 3.2% quarter-over-quarter.
- 13 funds opened new Invesco Trust Investment Grade Municipals positions in Q2 2022 and 17 closed out, a net change of -4 holders.
- The largest Invesco Trust Investment Grade Municipals buyer in Q2 2022 was Bramshill Investments, an estimated $6.12M added.
- The largest Invesco Trust Investment Grade Municipals seller in Q2 2022 was Guggenheim Capital, an estimated $924K sold.
Based on aggregated 13F filings for Q2 2022.