Invesco Advantage Municipal Income Trust II
VKI
60 hedge funds and large institutions have $82.1M invested in Invesco Advantage Municipal Income Trust II in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 9 closing their positions.
1.07% more ownership
Funds ownership: 20.9% → 21.97% (+1.1%)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0% less capital invested
Capital invested by funds: $82.4M → $82.1M (-$391K)
5% less funds holding
Funds holding: 63 → 60 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.36M |
| 3 |
Bank of New York Mellon
New York
|
+$775K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$753K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$751K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECG
Edge Capital Group
Atlanta,
Georgia
|
-$823K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$773K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$711K |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$327K |
| 5 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$230K |
VKI Hedge Fund Activity: Q2 2023 in Review
60 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q2 2023, worth a combined $82.1M — down 0.47% from $82.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of VKI and 6 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 19 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $2M. The largest seller was Edge Capital Group, exiting entirely with an estimated $823K sold.
- 60 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q2 2023, down from 63 in Q1 2023.
- Funds reported $82.1M of Invesco Advantage Municipal Income Trust II stock for Q2 2023, down 0.47% quarter-over-quarter.
- 6 funds opened new Invesco Advantage Municipal Income Trust II positions in Q2 2023 and 9 closed out, a net change of -3 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q2 2023 was Rivernorth Capital Management, an estimated $2M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q2 2023 was Edge Capital Group, an estimated $823K sold.
Based on aggregated 13F filings for Q2 2023.