Invesco Advantage Municipal Income Trust II
VKI
55 hedge funds and large institutions have $66.3M invested in Invesco Advantage Municipal Income Trust II in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 10 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
0.44% less ownership
Funds ownership: 14.05% → 13.61% (-0.44%)
1% less capital invested
Capital invested by funds: $66.9M → $66.3M (-$588K)
7% less funds holding
Funds holding: 59 → 55 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.37M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1,000K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$911K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$521K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
+$448K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$3.84M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.8M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.58M |
| 4 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$664K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$246K |
VKI Hedge Fund Activity: Q2 2019 in Review
55 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q2 2019, worth a combined $66.3M — down 0.88% from $66.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of VKI and 6 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 20 added.
The largest buyer was Robinson Capital Management, adding an estimated $1.37M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $3.84M sold.
- 55 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q2 2019, down from 59 in Q1 2019.
- Funds reported $66.3M of Invesco Advantage Municipal Income Trust II stock for Q2 2019, down 0.88% quarter-over-quarter.
- 6 funds opened new Invesco Advantage Municipal Income Trust II positions in Q2 2019 and 10 closed out, a net change of -4 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q2 2019 was Robinson Capital Management, an estimated $1.37M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q2 2019 was JP Morgan Chase, an estimated $3.84M sold.
Based on aggregated 13F filings for Q2 2019.