Invesco Advantage Municipal Income Trust II
VKI
58 hedge funds and large institutions have $79.2M invested in Invesco Advantage Municipal Income Trust II in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
17% more capital invested
Capital invested by funds: $67.9M → $79.2M (+$11.3M)
4% more funds holding
Funds holding: 56 → 58 (+2)
2.04% more ownership
Funds ownership: 13.93% → 15.97% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$5.91M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$4.52M |
| 3 |
BB
Busey Bank
Urbana,
Illinois
|
+$707K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$650K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$619K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$869K |
| 2 |
ICA
Infrastructure Capital Advisors
New York
|
-$648K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$520K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$518K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$420K |
VKI Hedge Fund Activity: Q3 2019 in Review
58 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q3 2019, worth a combined $79.2M — up 17% from $67.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new VKI positions and 8 closed out — a net gain of 2 holders — while 16 added to existing stakes and 13 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $5.91M. The largest seller was Robinson Capital Management, cutting an estimated $869K.
- 58 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q3 2019, up from 56 in Q2 2019.
- Funds reported $79.2M of Invesco Advantage Municipal Income Trust II stock for Q3 2019, up 17% quarter-over-quarter.
- 10 funds opened new Invesco Advantage Municipal Income Trust II positions in Q3 2019 and 8 closed out, a net change of +2 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q3 2019 was Guggenheim Capital, an estimated $5.91M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q3 2019 was Robinson Capital Management, an estimated $869K sold.
Based on aggregated 13F filings for Q3 2019.