We are live on ! Find out more
VKI icon

Invesco Advantage Municipal Income Trust II
VKI

55 hedge funds and large institutions have $54M invested in Invesco Advantage Municipal Income Trust II in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 11

0.83% more ownership

Funds ownership: 10.64% → 11.47% (+0.83%)

1% more capital invested

Capital invested by funds: $53.6M → $54M (+$356K)

4% less funds holding

Funds holding: 57 → 55 (-2)

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
55
Holders Change
-2
Holders Change %
-3.51%
% of All Funds
1.26%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
10
Increased
16
Reduced
11
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
+$2.73M
2
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
+$1.08M
3
Stifel Financial
Stifel Financial
Missouri
+$747K
4
UBS Group
UBS Group
Switzerland
+$680K
5
LTFS
Ladenburg Thalmann Financial Services
Florida
+$645K

Top Sellers

Rank Fund Capital Flow
1
LCM
Laurion Capital Management
New York
-$1.47M
2
Invesco
Invesco
Georgia
-$735K
3
6M
6 Meridian
Kansas
-$510K
4
RCM
Robinson Capital Management
Michigan
-$462K
5
LFAS
Level Four Advisory Services
Texas
-$263K
Name Holding Trade Value Shares
Change 		Change in
Stake
EFS
26
Essex Financial Services
Connecticut
$199K – – –
AA
27
AQR Arbitrage
Connecticut
$174K +$180K +16,441 New
FAAS
28
First Allied Advisory Services
California
$171K – – –
CCG
29
Ceeto Capital Group
Florida
$170K – – –
TCM
30
Tradewinds Capital Management
Washington
$167K +$102K +9,300 +145%
DA
31
Doliver Advisors
Texas
$152K +$157K +14,346 New
LPL Financial
32
LPL Financial
California
$146K +$1.95K +178 +1%
LNWWM
33
Laird Norton Wetherby Wealth Management
California
$143K +$29.4K +2,692 +25%
BF
34
BOK Financial
Oklahoma
$138K -$10.9K -1,000 -7%
HCM
35
Hollencrest Capital Management
California
$135K – – –
Cambridge Investment Research Advisors
36
Cambridge Investment Research Advisors
Iowa
$129K -$41.2K -3,765 -24%
ACA
37
Ackerman Capital Advisors
Texas
$114K – – –
QCIG
38
Quad-Cities Investment Group
Iowa
$110K +$112K +10,262 New
KF
39
Krilogy Financial
Missouri
$90K – – –
IA
40
IFP Advisors
Florida
$75K – – –
BFC
41
Bedel Financial Consulting
Indiana
$74K +$76.6K +7,004 New
SWP
42
Stratos Wealth Partners
Ohio
$54K – – –
PNC Financial Services Group
43
PNC Financial Services Group
Pennsylvania
$53K -$39.5K -3,613 -42%
HT
44
Heritage Trust
Oklahoma
$47K – – –
Citigroup
45
Citigroup
New York
$32K – – –
Royal Bank of Canada
46
Royal Bank of Canada
Ontario, Canada
$30K – – –
Northwestern Mutual Wealth Management
47
Northwestern Mutual Wealth Management
Wisconsin
$28K – – –
US Bancorp
48
US Bancorp
Minnesota
$22K +$18.5K +1,694 +480%
ST
49
Somerset Trust
Pennsylvania
$21K – – –
CTC
50
Central Trust Company
Missouri
$16K – – –
1
2
3

VKI Hedge Fund Activity: Q1 2018 in Review

55 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q1 2018, worth a combined $54M — up 0.66% from $53.6M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of VKI and 10 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 16 added.

The largest buyer was Guggenheim Capital, opening a new position worth an estimated $2.73M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.47M sold.

  • 55 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q1 2018, down from 57 in Q4 2017.
  • Funds reported $54M of Invesco Advantage Municipal Income Trust II stock for Q1 2018, up 0.66% quarter-over-quarter.
  • 10 funds opened new Invesco Advantage Municipal Income Trust II positions in Q1 2018 and 12 closed out, a net change of -2 holders.
  • The largest Invesco Advantage Municipal Income Trust II buyer in Q1 2018 was Guggenheim Capital, an estimated $2.73M added.
  • The largest Invesco Advantage Municipal Income Trust II seller in Q1 2018 was Laurion Capital Management, an estimated $1.47M sold.

Based on aggregated 13F filings for Q1 2018.