Invesco Advantage Municipal Income Trust II
VKI
77 hedge funds and large institutions have $109M invested in Invesco Advantage Municipal Income Trust II in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 10 closing their positions.
1% more capital invested
Capital invested by funds: $109M → $109M (+$928K)
0.11% more ownership
Funds ownership: 28.91% → 29.02% (+0.11%)
3% less funds holding
Funds holding: 79 → 77 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2.38M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2M |
| 3 |
SCM
Saba Capital Management
New York
|
+$1.6M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.57M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.32M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.78M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.39M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$860K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $3K | – | – | – |
|
|
GWM
77
Geneos Wealth Management
Englewood,
Colorado
| $2.69K | – | – | – |
|
|
AGM
78
Alpine Global Management
New York
| – | -$494K | -58,467 | Closed |
|
79
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$293K | -34,659 | Closed |
|
|
WAM
80
Weiss Asset Management
Boston,
Massachusetts
| – | -$246K | -29,085 | Closed |
|
|
EC
81
Elequin Capital
New York
| – | -$132K | -15,576 | Closed |
|
|
AC
82
Aristides Capital
Louisville,
Kentucky
| – | -$127K | -15,031 | Closed |
|
|
DWM
83
Drive Wealth Management
Lehi,
Utah
| – | -$105K | -12,391 | Closed |
|
|
EPA
84
Element Pointe Advisors
Miami,
Florida
| – | -$87.3K | -10,336 | Closed |
|
|
ASN
85
Advisory Services Network
Atlanta,
Georgia
| – | -$19.6K | -2,324 | Closed |
|
|
WB
86
Webster Bank
Waterbury,
Connecticut
| – | -$7.88K | -933 | Closed |
|
|
PFBT
87
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$2.37K | -280 | Closed |
|
VKI Hedge Fund Activity: Q1 2024 in Review
77 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q1 2024, worth a combined $109M — up 0.86% from $109M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of VKI and 9 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 19 added.
The largest buyer was Logan Stone Capital, adding an estimated $2.38M. The largest seller was Morgan Stanley, cutting an estimated $3.32M.
- 77 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q1 2024, down from 79 in Q4 2023.
- Funds reported $109M of Invesco Advantage Municipal Income Trust II stock for Q1 2024, up 0.86% quarter-over-quarter.
- 9 funds opened new Invesco Advantage Municipal Income Trust II positions in Q1 2024 and 10 closed out, a net change of -1 holder.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q1 2024 was Logan Stone Capital, an estimated $2.38M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q1 2024 was Morgan Stanley, an estimated $3.32M sold.
Based on aggregated 13F filings for Q1 2024.