Invesco Advantage Municipal Income Trust II
VKI
50 hedge funds and large institutions have $50.8M invested in Invesco Advantage Municipal Income Trust II in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 4 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
9% more capital invested
Capital invested by funds: $46.8M → $50.8M (+$4.03M)
0.48% more ownership
Funds ownership: 9.74% → 10.22% (+0.48%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 52 → 50 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Samson Capital Advisors
New York
|
+$2.84M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$792K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$353K |
| 4 |
LSA
Liberty Street Advisors
New York
|
+$272K |
| 5 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.13M |
| 2 |
Morgan Stanley
New York
|
-$267K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$197K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$189K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$186K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
51
Doliver Advisors
Houston,
Texas
| – | -$197K | -17,943 | Closed |
|
|
52
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$189K | -17,208 | Closed |
|
|
WAM
53
Wolverine Asset Management
Chicago,
Illinois
| – | -$62K | -5,713 | Closed |
|
|
AP
54
Atwood & Palmer
Kansas City,
Missouri
| – | -$10K | -872 | Closed |
|
VKI Hedge Fund Activity: Q3 2015 in Review
50 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q3 2015, worth a combined $50.8M — up 8.6% from $46.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of VKI and 2 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 18 added.
The largest buyer was Samson Capital Advisors, opening a new position worth an estimated $2.84M. The largest seller was Bank of America, cutting an estimated $1.13M.
- 50 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q3 2015, down from 52 in Q2 2015.
- Funds reported $50.8M of Invesco Advantage Municipal Income Trust II stock for Q3 2015, up 8.6% quarter-over-quarter.
- 2 funds opened new Invesco Advantage Municipal Income Trust II positions in Q3 2015 and 4 closed out, a net change of -2 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q3 2015 was Samson Capital Advisors, an estimated $2.84M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q3 2015 was Bank of America, an estimated $1.13M sold.
Based on aggregated 13F filings for Q3 2015.