We are live on ! Find out more
VKI icon

Invesco Advantage Municipal Income Trust II
VKI

66 hedge funds and large institutions have $84.2M invested in Invesco Advantage Municipal Income Trust II in 2025 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

2.1% less ownership

Funds ownership: 22.89% → 20.79% (-2.1%)

6% less capital invested

Capital invested by funds: $89.1M → $84.2M (-$4.92M)

7% less funds holding

Funds holding: 71 → 66 (-5)

27% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 11

33% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 21

Holders
66
Holders Change
-5
Holders Change %
-7.04%
% of All Funds
0.8%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
8
Increased
14
Reduced
21
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AAM
Advisors Asset Management
Colorado
+$1.86M
2
Bank of America
Bank of America
North Carolina
+$919K
3
LPL Financial
LPL Financial
California
+$684K
4
Jane Street
Jane Street
New York
+$415K
5
Wells Fargo
Wells Fargo
California
+$284K

Top Sellers

Rank Fund Capital Flow
1
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
-$3.09M
2
HWAM
Hennion & Walsh Asset Management
New Jersey
-$2.96M
3
MSL
Mackay Shields LLC
New York
-$2.66M
4
RCM
Rivernorth Capital Management
Florida
-$1.4M
5
GC
Guggenheim Capital
Illinois
-$845K
Name Holding Trade Value Shares
Change 		Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$434K +$45.2K +5,086 +12%
WIA
27
World Investment Advisors
California
$399K +$58.5K +6,583 +18%
MPCA
28
Madison Park Capital Advisors
Washington
$384K +$355 +40 +0.1%
Ameriprise
29
Ameriprise
Minnesota
$336K -$27.4K -3,082 -8%
Cetera Investment Advisers
30
Cetera Investment Advisers
Illinois
$272K -$10.8K -1,212 -4%
N
31
Nuveen
North Carolina
$261K – – –
CIA
32
Concurrent Investment Advisors
Florida
$256K – – –
AC
33
AlphaCore Capital
California
$255K -$14.3K -1,612 -5%
Cambridge Investment Research Advisors
34
Cambridge Investment Research Advisors
Iowa
$252K -$48K -5,400 -16%
Osaic Holdings
35
Osaic Holdings
Arizona
$221K -$25.4K -2,861 -11%
OCM
36
Orleans Capital Management
Louisiana
$189K – – –
CIA
37
Choate Investment Advisors
Massachusetts
$181K – – –
RSA
38
River Street Advisors
Illinois
$179K – – –
MOS
39
MGO One Seven
Ohio
$168K – – –
TCM
40
Tradewinds Capital Management
Washington
$144K – – –
Commonwealth Equity Services
41
Commonwealth Equity Services
Massachusetts
$144K +$400 +45 +0.3%
WJWM
42
Williams Jones Wealth Management
New York
$137K – – –
PNC Financial Services Group
43
PNC Financial Services Group
Pennsylvania
$133K +$130K +14,600 New
TA
44
TPG Advisors
Illinois
$132K +$2.39K +269 +2%
JWCA
45
J.W. Cole Advisors
Florida
$117K +$114K +12,829 New
Creative Planning
46
Creative Planning
Kansas
$108K -$35.5K -3,999 -25%
SC
47
Savant Capital
Illinois
$105K +$1.91K +215 +2%
Susquehanna International Group
48
Susquehanna International Group
Pennsylvania
$103K +$100K +11,286 New
Financial Engines Advisors
49
Financial Engines Advisors
California
$97.7K – – –
IWC
50
Integrated Wealth Concepts
Massachusetts
$96.2K – – –
1
2
3 4

VKI Hedge Fund Activity: Q4 2025 in Review

66 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q4 2025, worth a combined $84.2M — down 5.5% from $89.1M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of VKI and 8 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 14 added.

The largest buyer was Advisors Asset Management, adding an estimated $1.86M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $3.09M sold.

  • 66 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q4 2025, down from 71 in Q3 2025.
  • Funds reported $84.2M of Invesco Advantage Municipal Income Trust II stock for Q4 2025, down 5.5% quarter-over-quarter.
  • 8 funds opened new Invesco Advantage Municipal Income Trust II positions in Q4 2025 and 11 closed out, a net change of -3 holders.
  • The largest Invesco Advantage Municipal Income Trust II buyer in Q4 2025 was Advisors Asset Management, an estimated $1.86M added.
  • The largest Invesco Advantage Municipal Income Trust II seller in Q4 2025 was Fiera Capital (Canada), an estimated $3.09M sold.

Based on aggregated 13F filings for Q4 2025.