Invesco Advantage Municipal Income Trust II
VKI
54 hedge funds and large institutions have $97.2M invested in Invesco Advantage Municipal Income Trust II in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 8 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
0.64% more ownership
Funds ownership: 15.86% → 16.49% (+0.64%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 56 → 54 (-2)
10% less capital invested
Capital invested by funds: $108M → $97.2M (-$10.4M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.6M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$911K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$580K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$531K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$498K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
GFS Advisors
Houston,
Texas
|
-$546K |
| 2 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$539K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$352K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$286K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$277K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
51
Spire Wealth Management
Mclean,
Virginia
| $7K | – | – | – |
|
|
CTC
52
Central Trust Company
Jefferson City,
Missouri
| $5K | – | – | – |
|
|
GWM
53
Geneos Wealth Management
Englewood,
Colorado
| $3K | – | – | – |
|
54
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $3K | +$3.66K | +333 | New |
|
|
SFWA
55
Summit Financial Wealth Advisors
Lafayette,
Louisiana
| – | -$539K | -44,075 | Closed |
|
56
Millennium Management
New York
| – | -$272K | -22,319 | Closed |
|
|
QCIG
57
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$239K | -19,585 | Closed |
|
58
Truist Financial
Charlotte,
North Carolina
| – | -$183K | -15,062 | Closed |
|
|
CA
59
CoreCap Advisors
Southfield,
Michigan
| – | -$115K | -9,420 | Closed |
|
|
EVM
60
Eaton Vance Management
Boston,
Massachusetts
| – | -$49K | -4,000 | Closed |
|
|
CFO
61
CVA Family Office
Denver,
Colorado
| – | -$4K | -325 | Closed |
|
|
GI
62
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -80 | Closed |
|
VKI Hedge Fund Activity: Q1 2022 in Review
54 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q1 2022, worth a combined $97.2M — down 9.6% from $108M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of VKI and 6 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 18 added.
The largest buyer was Fiera Capital (Canada), adding an estimated $2.6M. The largest seller was GFS Advisors, cutting an estimated $546K.
- 54 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q1 2022, down from 56 in Q4 2021.
- Funds reported $97.2M of Invesco Advantage Municipal Income Trust II stock for Q1 2022, down 9.6% quarter-over-quarter.
- 6 funds opened new Invesco Advantage Municipal Income Trust II positions in Q1 2022 and 8 closed out, a net change of -2 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q1 2022 was Fiera Capital (Canada), an estimated $2.6M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q1 2022 was GFS Advisors, an estimated $546K sold.
Based on aggregated 13F filings for Q1 2022.