Invesco Advantage Municipal Income Trust II
VKI
66 hedge funds and large institutions have $84.2M invested in Invesco Advantage Municipal Income Trust II in 2025 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.1% less ownership
Funds ownership: 22.89% → 20.79% (-2.1%)
6% less capital invested
Capital invested by funds: $89.1M → $84.2M (-$4.92M)
7% less funds holding
Funds holding: 71 → 66 (-5)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
33% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.86M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$919K |
| 3 |
LPL Financial
San Diego,
California
|
+$684K |
| 4 |
Jane Street
New York
|
+$415K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$3.09M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$2.96M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$2.66M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.4M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$845K |
VKI Hedge Fund Activity: Q4 2025 in Review
66 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q4 2025, worth a combined $84.2M — down 5.5% from $89.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of VKI and 8 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 14 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.86M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $3.09M sold.
- 66 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q4 2025, down from 71 in Q3 2025.
- Funds reported $84.2M of Invesco Advantage Municipal Income Trust II stock for Q4 2025, down 5.5% quarter-over-quarter.
- 8 funds opened new Invesco Advantage Municipal Income Trust II positions in Q4 2025 and 11 closed out, a net change of -3 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q4 2025 was Advisors Asset Management, an estimated $1.86M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q4 2025 was Fiera Capital (Canada), an estimated $3.09M sold.
Based on aggregated 13F filings for Q4 2025.