Invesco Advantage Municipal Income Trust II
VKI
79 hedge funds and large institutions have $103M invested in Invesco Advantage Municipal Income Trust II in 2024 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
8% more funds holding
Funds holding: 73 → 79 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.73% less ownership
Funds ownership: 27.67% → 24.94% (-2.7%)
5% less capital invested
Capital invested by funds: $109M → $103M (-$5.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.12M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$731K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$515K |
| 4 |
WIA
World Investment Advisors
Santa Barbara,
California
|
+$451K |
| 5 |
BAM
Bayshore Asset Management
Coral Gables,
Florida
|
+$435K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.31M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$2.21M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.05M |
| 4 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
-$1.78M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
76
SignatureFD
Atlanta,
Georgia
| $5.82K | +$5.66K | +625 | New |
|
|
MWM
77
Mascoma Wealth Management
Hanover,
New Hampshire
| $3.39K | – | – | – |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| $931 | +$906 | +100 | New |
|
|
JIP
79
Jaffetilchin Investment Partners
Tampa,
Florida
| $8 | +$9 | +1 | New |
|
|
SA
80
Sanctuary Advisors
Indianapolis,
Indiana
| – | -$1.78M | -216,073 | Closed |
|
81
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$976K | -110,000 | Closed |
|
|
FPCP
82
Fort Point Capital Partners
San Francisco,
California
| – | -$442K | -49,886 | Closed |
|
|
XT
83
XTX Topco
George Town,
Cayman Islands
| – | -$106K | -11,900 | Closed |
|
84
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$8.98K | -1,013 | Closed |
|
85
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$3K | -333 | Closed |
|
VKI Hedge Fund Activity: Q3 2024 in Review
79 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q3 2024, worth a combined $103M — down 5.3% from $109M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new VKI positions and 6 closed out — a net gain of 6 holders — while 26 added to existing stakes and 18 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $2.12M. The largest seller was Karpus Investment Management, cutting an estimated $6.31M.
- 79 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q3 2024, up from 73 in Q2 2024.
- Funds reported $103M of Invesco Advantage Municipal Income Trust II stock for Q3 2024, down 5.3% quarter-over-quarter.
- 12 funds opened new Invesco Advantage Municipal Income Trust II positions in Q3 2024 and 6 closed out, a net change of +6 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q3 2024 was Robinson Capital Management, an estimated $2.12M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q3 2024 was Karpus Investment Management, an estimated $6.31M sold.
Based on aggregated 13F filings for Q3 2024.