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Invesco Advantage Municipal Income Trust II

49 hedge funds and large institutions have $52.4M invested in Invesco Advantage Municipal Income Trust II in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 11

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.95% less ownership

Funds ownership: 12.26%10.31% (-2%)

12% less capital invested

Capital invested by funds: $59.3M → $52.4M (-$6.95M)

16% less funds holding

Funds holding: 5849 (-9)

60% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 15

Holders
49
Holders Change
-9
Holders Change %
-15.52%
% of All Funds
1.22%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
17
Reduced
11
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Creative Planning
26
Creative Planning
Kansas
$253K +$1.82K +159 +0.7%
S
27
SignatureFD
Georgia
$249K +$120K +10,500 +95%
Ameriprise
28
Ameriprise
Minnesota
$239K -$26K -2,275 -10%
EFS
29
Essex Financial Services
Connecticut
$216K
FAAS
30
First Allied Advisory Services
California
$185K +$183K +16,050 New
CAN
31
Cetera Advisor Networks
California
$157K -$22.9K -2,000 -13%
LPL Financial
32
LPL Financial
California
$148K -$909K -79,483 -86%
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$142K +$141K +12,316 New
HighTower Advisors
34
HighTower Advisors
Illinois
$136K +$2.79K +244 +2%
SG
35
Strid Group
Pennsylvania
$116K +$114K +10,000 New
ACA
36
Ackerman Capital Advisors
Texas
$116K +$115K +10,020 New
PNC Financial Services Group
37
PNC Financial Services Group
Pennsylvania
$76K
TCM
38
Tradewinds Capital Management
Washington
$74K
Northwestern Mutual Wealth Management
39
Northwestern Mutual Wealth Management
Wisconsin
$53K
HT
40
Heritage Trust
Oklahoma
$51K
ST
41
Somerset Trust
Pennsylvania
$23K
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$17K -$23.9K -2,089 -59%
BRC
43
Bell Rock Capital
Delaware
$17K
FFC
44
First Financial Corp
Indiana
$17K
AG
45
Advisor Group
Arizona
$12K
BBPWM
46
Blue Bell Private Wealth Management
Pennsylvania
$11K +$10.4K +910 New
Northern Trust
47
Northern Trust
Illinois
$5K +$160K +13,975 +56%
US Bancorp
48
US Bancorp
Minnesota
$4K
GWM
49
Geneos Wealth Management
Colorado
$3K
LCM
50
Landscape Capital Management
New Jersey
-$1.56M -139,471 Closed

VKI Hedge Fund Activity: Q2 2017 in Review

49 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q2 2017, worth a combined $52.4M — down 12% from $59.3M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of VKI and 6 opened new positions — a net loss of 9 holders — while 11 trimmed existing stakes and 17 added.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $716K. The largest seller was Fiera Capital (Canada), cutting an estimated $2.78M.

  • 49 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q2 2017, down from 58 in Q1 2017.
  • Funds reported $52.4M of Invesco Advantage Municipal Income Trust II stock for Q2 2017, down 12% quarter-over-quarter.
  • 6 funds opened new Invesco Advantage Municipal Income Trust II positions in Q2 2017 and 15 closed out, a net change of -9 holders.
  • The largest Invesco Advantage Municipal Income Trust II buyer in Q2 2017 was Susquehanna International Group, an estimated $716K added.
  • The largest Invesco Advantage Municipal Income Trust II seller in Q2 2017 was Fiera Capital (Canada), an estimated $2.78M sold.

Based on aggregated 13F filings for Q2 2017.