Invesco Advantage Municipal Income Trust II
VKI
57 hedge funds and large institutions have $67.5M invested in Invesco Advantage Municipal Income Trust II in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
6% more funds holding
Funds holding: 54 → 57 (+3)
0.29% less ownership
Funds ownership: 16.49% → 16.21% (-0.29%)
31% less capital invested
Capital invested by funds: $97.2M → $67.5M (-$29.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.23M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.53M |
| 3 |
Rockefeller Capital Management
New York
|
+$201K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$172K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
PFG Advisors
Phoenix,
Arizona
|
-$21.4M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.14M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.23M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.22M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$286K |
VKI Hedge Fund Activity: Q2 2022 in Review
57 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q2 2022, worth a combined $67.5M — down 31% from $97.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new VKI positions and 10 closed out — a net gain of 3 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Bank of America, adding an estimated $2.23M. The largest seller was PFG Advisors, exiting entirely with an estimated $21.4M sold.
- 57 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q2 2022, up from 54 in Q1 2022.
- Funds reported $67.5M of Invesco Advantage Municipal Income Trust II stock for Q2 2022, down 31% quarter-over-quarter.
- 13 funds opened new Invesco Advantage Municipal Income Trust II positions in Q2 2022 and 10 closed out, a net change of +3 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q2 2022 was Bank of America, an estimated $2.23M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q2 2022 was PFG Advisors, an estimated $21.4M sold.
Based on aggregated 13F filings for Q2 2022.