Invesco Advantage Municipal Income Trust II
VKI
51 hedge funds and large institutions have $103M invested in Invesco Advantage Municipal Income Trust II in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 10 closing their positions.
19% more capital invested
Capital invested by funds: $86.6M → $103M (+$16.7M)
0.79% less ownership
Funds ownership: 15.98% → 15.19% (-0.79%)
9% less funds holding
Funds holding: 56 → 51 (-5)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.66M |
| 2 |
GA
GFS Advisors
Houston,
Texas
|
+$1.28M |
| 3 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$864K |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$138K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$3.1M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$1.37M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.23M |
| 4 |
BB
Busey Bank
Urbana,
Illinois
|
-$1.05M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$842K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JCM
51
Jacobi Capital Management
Pittston,
Pennsylvania
| $2K | – | – | – |
|
|
MSL
52
Mackay Shields LLC
New York
| – | -$1.37M | -112,398 | Closed |
|
|
BB
53
Busey Bank
Urbana,
Illinois
| – | -$1.05M | -86,262 | Closed |
|
|
RCM
54
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$433K | -35,422 | Closed |
|
|
RIG
55
Ramiah Investment Group
Brookfield,
Wisconsin
| – | -$219K | -17,968 | Closed |
|
|
DFG
56
Delphi Financial Group
Wilmington,
Delaware
| – | -$122K | -10,016 | Closed |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$61K | -5,000 | Closed |
|
58
Citigroup
New York
| – | -$49K | -4,000 | Closed |
|
|
NFSG
59
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$5K | -410 | Closed |
|
|
CFO
60
CVA Family Office
Denver,
Colorado
| – | -$4K | -325 | Closed |
|
VKI Hedge Fund Activity: Q3 2021 in Review
51 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q3 2021, worth a combined $103M — up 19% from $86.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of VKI and 5 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 12 added.
The largest buyer was Bank of America, adding an estimated $2.66M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $3.1M.
- 51 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q3 2021, down from 56 in Q2 2021.
- Funds reported $103M of Invesco Advantage Municipal Income Trust II stock for Q3 2021, up 19% quarter-over-quarter.
- 5 funds opened new Invesco Advantage Municipal Income Trust II positions in Q3 2021 and 10 closed out, a net change of -5 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q3 2021 was Bank of America, an estimated $2.66M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q3 2021 was Hennion & Walsh Asset Management, an estimated $3.1M sold.
Based on aggregated 13F filings for Q3 2021.