We are live on ! Find out more
VKI icon

Invesco Advantage Municipal Income Trust II
VKI

58 hedge funds and large institutions have $59.3M invested in Invesco Advantage Municipal Income Trust II in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 9 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 9

3% more capital invested

Capital invested by funds: $57.6M → $59.3M (+$1.75M)

0.51% more ownership

Funds ownership: 11.75% → 12.26% (+0.51%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

6% less funds holding

Funds holding: 62 → 58 (-4)

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

Holders
58
Holders Change
-4
Holders Change %
-6.45%
% of All Funds
1.44%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
8
Increased
23
Reduced
9
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Robinson Capital Management
Michigan
+$1.6M
2
LCM
Laurion Capital Management
New York
+$1.33M
3
COLIM
City of London Investment Management
United Kingdom
+$1.15M
4
CIA
Capital Investment Advisors
Georgia
+$925K
5
AIA
Allegis Investment Advisors
Idaho
+$430K

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$1.17M
2
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
-$897K
3
RCM
Rivernorth Capital Management
Florida
-$858K
4
VKH
Virtu KCG Holdings
New York
-$728K
5
FPF
FNY Partners Fund
New York
-$476K
Name Holding Trade Value Shares
Change 		Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$333K +$56.9K +5,082 +21%
IA
27
IFP Advisors
Florida
$259K – – –
N
28
Nuveen
North Carolina
$258K – – –
Ameriprise
29
Ameriprise
Minnesota
$257K +$18.6K +1,665 +8%
Creative Planning
30
Creative Planning
Kansas
$243K +$6.27K +560 +3%
Wells Fargo
31
Wells Fargo
California
$241K -$13.4K -1,202 -5%
EFS
32
Essex Financial Services
Connecticut
$210K – – –
JIP
33
Jaffetilchin Investment Partners
Florida
$182K +$30.1K +2,688 +20%
CAN
34
Cetera Advisor Networks
California
$174K – – –
Millennium Management
35
Millennium Management
New York
$167K +$166K +14,869 New
LNWWM
36
Laird Norton Wetherby Wealth Management
California
$148K +$147K +13,179 New
HighTower Advisors
37
HighTower Advisors
Illinois
$129K +$358 +32 +0.3%
S
38
SignatureFD
Georgia
$124K – – –
Bank of Montreal
39
Bank of Montreal
Ontario, Canada
$90K -$89.5K -8,000 -50%
PNC Financial Services Group
40
PNC Financial Services Group
Pennsylvania
$74K +$55.9K +5,000 +310%
TCM
41
Tradewinds Capital Management
Washington
$72K – – –
Northwestern Mutual Wealth Management
42
Northwestern Mutual Wealth Management
Wisconsin
$52K – – –
HT
43
Heritage Trust
Oklahoma
$50K +$49.5K +4,424 New
Royal Bank of Canada
44
Royal Bank of Canada
Ontario, Canada
$40K +$11.5K +1,030 +41%
LTFS
45
Ladenburg Thalmann Financial Services
Florida
$24K – – –
ST
46
Somerset Trust
Pennsylvania
$23K – – –
BRC
47
Bell Rock Capital
Delaware
$16K – – –
FFC
48
First Financial Corp
Indiana
$16K – – –
HCA
49
Harbour Capital Advisors
Virginia
$11.2K +$11.2K +1,000 New
AG
50
Advisor Group
Arizona
$11K – – –
1
2
3

VKI Hedge Fund Activity: Q1 2017 in Review

58 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q1 2017, worth a combined $59.3M — up 3% from $57.6M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of VKI and 8 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 23 added.

The largest buyer was Robinson Capital Management, adding an estimated $1.6M. The largest seller was Bank of America, cutting an estimated $1.17M.

  • 58 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q1 2017, down from 62 in Q4 2016.
  • Funds reported $59.3M of Invesco Advantage Municipal Income Trust II stock for Q1 2017, up 3% quarter-over-quarter.
  • 8 funds opened new Invesco Advantage Municipal Income Trust II positions in Q1 2017 and 10 closed out, a net change of -2 holders.
  • The largest Invesco Advantage Municipal Income Trust II buyer in Q1 2017 was Robinson Capital Management, an estimated $1.6M added.
  • The largest Invesco Advantage Municipal Income Trust II seller in Q1 2017 was Bank of America, an estimated $1.17M sold.

Based on aggregated 13F filings for Q1 2017.