Invesco Trust Investment Grade Municipals
VGM
108 hedge funds and large institutions have $205M invested in Invesco Trust Investment Grade Municipals in 2025 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 11 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.62% less ownership
Funds ownership: 38.61% → 37.99% (-0.62%)
1% less funds holding
Funds holding: 109 → 108 (-1)
3% less capital invested
Capital invested by funds: $211M → $205M (-$6.51M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$3.19M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.52M |
| 3 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
+$1.15M |
| 4 |
LPL Financial
San Diego,
California
|
+$989K |
| 5 |
Morgan Stanley
New York
|
+$758K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.3M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.88M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.1M |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.46M |
| 5 |
VanEck Associates
New York
|
-$816K |
VGM Hedge Fund Activity: Q1 2025 in Review
108 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust Investment Grade Municipals (VGM) for Q1 2025, worth a combined $205M — down 3.1% from $211M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of VGM and 10 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 35 added.
The largest buyer was Truist Financial, adding an estimated $3.19M. The largest seller was Karpus Investment Management, cutting an estimated $3.3M.
- 108 institutional investors held Invesco Trust Investment Grade Municipals (VGM) as of Q1 2025, down from 109 in Q4 2024.
- Funds reported $205M of Invesco Trust Investment Grade Municipals stock for Q1 2025, down 3.1% quarter-over-quarter.
- 10 funds opened new Invesco Trust Investment Grade Municipals positions in Q1 2025 and 11 closed out, a net change of -1 holder.
- The largest Invesco Trust Investment Grade Municipals buyer in Q1 2025 was Truist Financial, an estimated $3.19M added.
- The largest Invesco Trust Investment Grade Municipals seller in Q1 2025 was Karpus Investment Management, an estimated $3.3M sold.
Based on aggregated 13F filings for Q1 2025.