Invesco Advantage Municipal Income Trust II
VKI
71 hedge funds and large institutions have $93.7M invested in Invesco Advantage Municipal Income Trust II in 2025 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 15 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 15
1.09% less ownership
Funds ownership: 25.73% → 24.63% (-1.1%)
6% less capital invested
Capital invested by funds: $99.9M → $93.7M (-$6.2M)
8% less funds holding
Funds holding: 77 → 71 (-6)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$849K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$821K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$598K |
| 4 |
WIA
World Investment Advisors
Santa Barbara,
California
|
+$443K |
| 5 |
AC
AlphaCore Capital
La Jolla,
California
|
+$258K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.23M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$2.3M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.98M |
| 4 |
VanEck Associates
New York
|
-$957K |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$752K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FPAS
76
Focus Partners Advisor Solutions
Saint Louis,
Missouri
| – | -$430K | -49,156 | Closed |
|
|
BAM
77
Bayshore Asset Management
Coral Gables,
Florida
| – | -$420K | -48,001 | Closed |
|
|
BF
78
BOK Financial
Tulsa,
Oklahoma
| – | -$142K | -16,500 | Closed |
|
|
DWM
79
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$137K | -15,700 | Closed |
|
80
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$130K | -14,845 | Closed |
|
|
LCM
81
Landscape Capital Management
Englewood,
New Jersey
| – | -$123K | -14,019 | Closed |
|
|
MG
82
Marex Group
London,
| – | -$107K | -12,200 | Closed |
|
|
FFB
83
First Financial Bankshares
Abilene,
Texas
| – | -$96.8K | -11,075 | Closed |
|
|
PCM
84
Permanent Capital Management
Chicago,
Illinois
| – | -$93.8K | -10,728 | Closed |
|
|
AWM
85
Avior Wealth Management
Omaha,
Nebraska
| – | -$38.6K | -4,418 | Closed |
|
|
BBPWM
86
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$5.61K | -642 | Closed |
|
VKI Hedge Fund Activity: Q1 2025 in Review
71 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q1 2025, worth a combined $93.7M — down 6.2% from $99.9M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of VKI and 10 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 25 added.
The largest buyer was Guggenheim Capital, adding an estimated $849K. The largest seller was Rivernorth Capital Management, cutting an estimated $4.23M.
- 71 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q1 2025, down from 77 in Q4 2024.
- Funds reported $93.7M of Invesco Advantage Municipal Income Trust II stock for Q1 2025, down 6.2% quarter-over-quarter.
- 10 funds opened new Invesco Advantage Municipal Income Trust II positions in Q1 2025 and 15 closed out, a net change of -5 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q1 2025 was Guggenheim Capital, an estimated $849K added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q1 2025 was Rivernorth Capital Management, an estimated $4.23M sold.
Based on aggregated 13F filings for Q1 2025.