Invesco Trust Investment Grade Municipals
VGM
89 hedge funds and large institutions have $122M invested in Invesco Trust Investment Grade Municipals in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 19 reducing their positions, and 9 closing their positions.
150% more capital inflows, than outflows
Capital inflows: $16.1M | Capital outflows: $6.44M
63% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 19
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1.7% more ownership
Funds ownership: 22.37% → 24.07% (+1.7%)
1% more funds holding
Funds holding: 88 → 89 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$8.52M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$705K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$639K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$594K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
-$2.16M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$2.03M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$286K |
| 4 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$228K |
| 5 |
HNW
High Note Wealth
Deephaven,
Minnesota
|
-$213K |
VGM Hedge Fund Activity: Q3 2022 in Review
89 of the 5,831 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust Investment Grade Municipals (VGM) for Q3 2022, worth a combined $122M — down 4.3% from $128M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new VGM positions and 9 closed out — a net gain of 1 holder — while 31 added to existing stakes and 19 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $8.52M. The largest seller was Cerity Partners, cutting an estimated $2.16M.
- 89 institutional investors held Invesco Trust Investment Grade Municipals (VGM) as of Q3 2022, up from 88 in Q2 2022.
- Funds reported $122M of Invesco Trust Investment Grade Municipals stock for Q3 2022, down 4.3% quarter-over-quarter.
- 10 funds opened new Invesco Trust Investment Grade Municipals positions in Q3 2022 and 9 closed out, a net change of +1 holder.
- The largest Invesco Trust Investment Grade Municipals buyer in Q3 2022 was Sit Investment Associates, an estimated $8.52M added.
- The largest Invesco Trust Investment Grade Municipals seller in Q3 2022 was Cerity Partners, an estimated $2.16M sold.
Based on aggregated 13F filings for Q3 2022.