Invesco Advantage Municipal Income Trust II
VKI
52 hedge funds and large institutions have $46.8M invested in Invesco Advantage Municipal Income Trust II in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
6% more funds holding
Funds holding: 49 → 52 (+3)
0.1% more ownership
Funds ownership: 9.64% → 9.74% (+0.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
8% less capital invested
Capital invested by funds: $51.1M → $46.8M (-$4.32M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.52M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.55M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$371K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$204K |
| 5 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$2.92M |
| 2 |
Morgan Stanley
New York
|
-$711K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$489K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$260K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$207K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $1K | -$341 | -30 | -30% |
|
|
N
52
Nuveen
Charlotte,
North Carolina
| $382 | – | – | – |
|
|
MIG
53
Mariner Investment Group
Harrison,
New York
| – | -$260K | -22,156 | Closed |
|
54
HighTower Advisors
Chicago,
Illinois
| – | -$133K | -11,360 | Closed |
|
|
CA
55
Cetera Advisors
Denver,
Colorado
| – | -$129K | -11,000 | Closed |
|
56
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$118K | -10,079 | Closed |
|
|
W
57
Wealthfront
Palo Alto,
California
| – | -$1K | -100 | Closed |
|
VKI Hedge Fund Activity: Q2 2015 in Review
52 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q2 2015, worth a combined $46.8M — down 8.5% from $51.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new VKI positions and 5 closed out — a net gain of 3 holders — while 12 added to existing stakes and 12 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.52M. The largest seller was Mackay Shields LLC, cutting an estimated $2.92M.
- 52 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q2 2015, up from 49 in Q1 2015.
- Funds reported $46.8M of Invesco Advantage Municipal Income Trust II stock for Q2 2015, down 8.5% quarter-over-quarter.
- 8 funds opened new Invesco Advantage Municipal Income Trust II positions in Q2 2015 and 5 closed out, a net change of +3 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q2 2015 was Karpus Investment Management, an estimated $2.52M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q2 2015 was Mackay Shields LLC, an estimated $2.92M sold.
Based on aggregated 13F filings for Q2 2015.