We are live on ! Find out more
VKI icon

Invesco Advantage Municipal Income Trust II
VKI

64 hedge funds and large institutions have $84.5M invested in Invesco Advantage Municipal Income Trust II in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

13% more capital invested

Capital invested by funds: $74.6M → $84.5M (+$9.83M)

5% more funds holding

Funds holding: 61 → 64 (+3)

1.81% more ownership

Funds ownership: 16.36% → 18.17% (+1.8%)

16% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 19

Holders
64
Holders Change
+3
Holders Change %
+4.92%
% of All Funds
1.31%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
16
Reduced
19
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$4.37M
2
GC
Guggenheim Capital
Illinois
+$2.17M
3
RCM
Robinson Capital Management
Michigan
+$1.13M
4
PPA
Parametric Portfolio Associates
Washington
+$1.05M
5
SIA
Sit Investment Associates
Minnesota
+$974K

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$726K
2
Bank of America
Bank of America
North Carolina
-$564K
3
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
-$527K
4
Wells Fargo
Wells Fargo
California
-$386K
5
AAM
Advisors Asset Management
Colorado
-$303K
Name Holding Trade Value Shares
Change 		Change in
Stake
6M
26
6 Meridian
Kansas
$466K +$457K +44,580 New
DFG
27
Delphi Financial Group
Delaware
$365K +$358K +34,896 New
Ameriprise
28
Ameriprise
Minnesota
$350K -$32.7K -3,189 -9%
IA
29
IFG Advisors
Missouri
$335K – – –
FAIM
30
Financial Advocates Investment Management
Washington
$333K +$326K +31,819 New
Commonwealth Equity Services
31
Commonwealth Equity Services
Massachusetts
$321K -$6K -585 -2%
SFWA
32
Summit Financial Wealth Advisors
Louisiana
$289K -$4.71K -459 -2%
RIG
33
Ramiah Investment Group
Wisconsin
$261K +$256K +24,962 New
DWM
34
Dakota Wealth Management
Florida
$251K -$6.57K -640 -3%
TC
35
TownSquare Capital
Utah
$243K -$51.6K -5,033 -18%
QCIG
36
Quad-Cities Investment Group
Iowa
$205K -$69.9K -6,813 -26%
BI
37
Bramshill Investments
Florida
$173K +$1.89K +184 +1%
MAFM
38
Mid Atlantic Financial Management
Pennsylvania
$169K – – –
CCG
39
Ceeto Capital Group
Florida
$167K – – –
DDPIC
40
Deroy & Devereaux Private Investment Counsel
Michigan
$167K – – –
LPL Financial
41
LPL Financial
California
$157K +$6.03K +588 +4%
Northwestern Mutual Wealth Management
42
Northwestern Mutual Wealth Management
Wisconsin
$137K +$35.1K +3,425 +36%
RA
43
Riverstone Advisors
Texas
$137K +$134K +13,050 New
LCM
44
Landscape Capital Management
New Jersey
$110K -$27.7K -2,701 -20%
BF
45
BOK Financial
Oklahoma
$105K – – –
CIA
46
Choate Investment Advisors
Massachusetts
$105K +$103K +10,000 New
Royal Bank of Canada
47
Royal Bank of Canada
Ontario, Canada
$91K +$41 +4 +0%
Bank of Montreal
48
Bank of Montreal
Ontario, Canada
$78K -$5.47K -533 -7%
BFC
49
Bedel Financial Consulting
Indiana
$73K – – –
PNC Financial Services Group
50
PNC Financial Services Group
Pennsylvania
$63K -$14.4K -1,400 -19%
1
2
3

VKI Hedge Fund Activity: Q2 2020 in Review

64 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q2 2020, worth a combined $84.5M — up 13% from $74.6M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new VKI positions and 5 closed out — a net gain of 3 holders — while 16 added to existing stakes and 19 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $4.37M. The largest seller was UBS Group, cutting an estimated $726K.

  • 64 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q2 2020, up from 61 in Q1 2020.
  • Funds reported $84.5M of Invesco Advantage Municipal Income Trust II stock for Q2 2020, up 13% quarter-over-quarter.
  • 8 funds opened new Invesco Advantage Municipal Income Trust II positions in Q2 2020 and 5 closed out, a net change of +3 holders.
  • The largest Invesco Advantage Municipal Income Trust II buyer in Q2 2020 was Rivernorth Capital Management, an estimated $4.37M added.
  • The largest Invesco Advantage Municipal Income Trust II seller in Q2 2020 was UBS Group, an estimated $726K sold.

Based on aggregated 13F filings for Q2 2020.