Invesco Advantage Municipal Income Trust II
VKI
57 hedge funds and large institutions have $53.6M invested in Invesco Advantage Municipal Income Trust II in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 10 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
11% more capital invested
Capital invested by funds: $48.1M → $53.6M (+$5.5M)
10% more funds holding
Funds holding: 52 → 57 (+5)
1.2% more ownership
Funds ownership: 9.44% → 10.64% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.69M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$938K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$455K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$378K |
| 5 |
Morgan Stanley
New York
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$999K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$694K |
| 3 |
AIA
Allegis Investment Advisors
Idaho Falls,
Idaho
|
-$420K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$398K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$194K |
VKI Hedge Fund Activity: Q4 2017 in Review
57 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q4 2017, worth a combined $53.6M — up 11% from $48.1M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new VKI positions and 10 closed out — a net gain of 5 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was UBS Group, adding an estimated $4.69M. The largest seller was Guggenheim Capital, exiting entirely with an estimated $999K sold.
- 57 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q4 2017, up from 52 in Q3 2017.
- Funds reported $53.6M of Invesco Advantage Municipal Income Trust II stock for Q4 2017, up 11% quarter-over-quarter.
- 15 funds opened new Invesco Advantage Municipal Income Trust II positions in Q4 2017 and 10 closed out, a net change of +5 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q4 2017 was UBS Group, an estimated $4.69M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q4 2017 was Guggenheim Capital, an estimated $999K sold.
Based on aggregated 13F filings for Q4 2017.