Invesco Trust Investment Grade Municipals
VGM
103 hedge funds and large institutions have $128M invested in Invesco Trust Investment Grade Municipals in 2026 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 39 increasing their positions, 21 reducing their positions, and 12 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 21
10% more capital invested
Capital invested by funds: $117M → $128M (+$11.7M)
0.54% more ownership
Funds ownership: 21.79% → 22.33% (+0.54%)
6% less funds holding
Funds holding: 109 → 103 (-6)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.75M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.56M |
| 3 |
NEWAS
N.E.W. Advisory Services
De Pere,
Wisconsin
|
+$1.47M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$686K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$670K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$2.06M |
| 2 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
-$1.05M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.02M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$673K |
| 5 |
LPL Financial
San Diego,
California
|
-$662K |
VGM Hedge Fund Activity: Q2 2026 in Review
103 institutional investors reported a position in Invesco Trust Investment Grade Municipals (VGM) for Q2 2026, worth a combined $128M — up 10% from $117M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of VGM and 9 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 39 added.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $2.75M. The largest seller was Mackay Shields LLC, exiting entirely with an estimated $2.06M sold.
- 103 institutional investors held Invesco Trust Investment Grade Municipals (VGM) as of Q2 2026, down from 109 in Q1 2026.
- Funds reported $128M of Invesco Trust Investment Grade Municipals stock for Q2 2026, up 10% quarter-over-quarter.
- 9 funds opened new Invesco Trust Investment Grade Municipals positions in Q2 2026 and 12 closed out, a net change of -3 holders.
- The largest Invesco Trust Investment Grade Municipals buyer in Q2 2026 was Hennion & Walsh Asset Management, an estimated $2.75M added.
- The largest Invesco Trust Investment Grade Municipals seller in Q2 2026 was Mackay Shields LLC, an estimated $2.06M sold.
Based on aggregated 13F filings for Q2 2026.