Invesco Trust Investment Grade Municipals
VGM
101 hedge funds and large institutions have $227M invested in Invesco Trust Investment Grade Municipals in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 12 closing their positions.
1% more funds holding
Funds holding: 100 → 101 (+1)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
4% more capital invested
Capital invested by funds: $218M → $227M (+$9.09M)
3% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 29
0.73% more ownership
Funds ownership: 40.1% → 40.84% (+0.73%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.44M |
| 2 |
SCM
Saba Capital Management
New York
|
+$5.34M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$2.02M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.96M |
| 5 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAG
SageView Advisory Group
Newport Beach,
California
|
-$4.16M |
| 2 |
Cerity Partners
New York
|
-$3.49M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$3.35M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.41M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.18M |
VGM Hedge Fund Activity: Q2 2024 in Review
101 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust Investment Grade Municipals (VGM) for Q2 2024, worth a combined $227M — up 4.2% from $218M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new VGM positions and 12 closed out — a net gain of 1 holder — while 30 added to existing stakes and 29 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $6.44M. The largest seller was SageView Advisory Group, exiting entirely with an estimated $4.16M sold.
- 101 institutional investors held Invesco Trust Investment Grade Municipals (VGM) as of Q2 2024, up from 100 in Q1 2024.
- Funds reported $227M of Invesco Trust Investment Grade Municipals stock for Q2 2024, up 4.2% quarter-over-quarter.
- 13 funds opened new Invesco Trust Investment Grade Municipals positions in Q2 2024 and 12 closed out, a net change of +1 holder.
- The largest Invesco Trust Investment Grade Municipals buyer in Q2 2024 was Sit Investment Associates, an estimated $6.44M added.
- The largest Invesco Trust Investment Grade Municipals seller in Q2 2024 was SageView Advisory Group, an estimated $4.16M sold.
Based on aggregated 13F filings for Q2 2024.