Invesco Advantage Municipal Income Trust II
VKI
79 hedge funds and large institutions have $109M invested in Invesco Advantage Municipal Income Trust II in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 28 increasing their positions, 13 reducing their positions, and 7 closing their positions.
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
115% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 13
36% more capital invested
Capital invested by funds: $79.5M → $109M (+$29M)
22% more funds holding
Funds holding: 65 → 79 (+14)
4.78% more ownership
Funds ownership: 24.14% → 28.91% (+4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.65M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.95M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.83M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.33M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
GFS Advisors
Houston,
Texas
|
-$755K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$666K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$461K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$429K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$273K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWM
76
Mascoma Wealth Management
Hanover,
New Hampshire
| $3.08K | – | – | – |
|
77
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $3K | – | – | – |
|
|
GWM
78
Geneos Wealth Management
Englewood,
Colorado
| $2.68K | – | – | – |
|
|
PFBT
79
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| $2.37K | -$2.28K | -291 | -51% |
|
|
GA
80
GFS Advisors
Houston,
Texas
| – | -$755K | -101,900 | Closed |
|
|
MFG
81
Merit Financial Group
Alpharetta,
Georgia
| – | -$187K | -25,225 | Closed |
|
|
IC
82
IEQ Capital
Foster City,
California
| – | -$112K | -15,121 | Closed |
|
|
LNWWM
83
Laird Norton Wetherby Wealth Management
San Francisco,
California
| – | -$98.3K | -13,271 | Closed |
|
|
AWA
84
Authentikos Wealth Advisory
Morgan Hill,
California
| – | -$12.5K | -1,689 | Closed |
|
|
KIG
85
Kessler Investment Group
Columbus,
Indiana
| – | -$8.28K | -1,118 | Closed |
|
|
SWM
86
Spire Wealth Management
Mclean,
Virginia
| – | -$2.53K | -342 | Closed |
|
VKI Hedge Fund Activity: Q4 2023 in Review
79 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q4 2023, worth a combined $109M — up 36% from $79.5M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new VKI positions and 7 closed out — a net gain of 14 holders — while 28 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.65M. The largest seller was GFS Advisors, exiting entirely with an estimated $755K sold.
- 79 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q4 2023, up from 65 in Q3 2023.
- Funds reported $109M of Invesco Advantage Municipal Income Trust II stock for Q4 2023, up 36% quarter-over-quarter.
- 21 funds opened new Invesco Advantage Municipal Income Trust II positions in Q4 2023 and 7 closed out, a net change of +14 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q4 2023 was Morgan Stanley, an estimated $3.65M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q4 2023 was GFS Advisors, an estimated $755K sold.
Based on aggregated 13F filings for Q4 2023.