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Invesco Advantage Municipal Income Trust II

58 hedge funds and large institutions have $78.5M invested in Invesco Advantage Municipal Income Trust II in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

0% more funds holding

Funds holding: 5858 (0)

0.15% less ownership

Funds ownership: 15.97%15.82% (-0.15%)

1% less capital invested

Capital invested by funds: $79.2M → $78.5M (-$693K)

6% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 18

Holders
58
Holders Change
Holders Change %
0%
% of All Funds
1.14%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
17
Reduced
18
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$11.9M +$378K +33,898 +3%
SIA
2
Sit Investment Associates
Minnesota
$9.98M -$211K -18,974 -2%
UBS Group
3
UBS Group
Switzerland
$6.68M -$26.5K -2,379 -0.4%
RCM
4
Robinson Capital Management
Michigan
$5.73M -$427K -38,281 -7%
Bank of America
5
Bank of America
North Carolina
$5.38M +$121K +10,859 +2%
MSL
6
Mackay Shields LLC
New York
$4.46M
RJA
7
Raymond James & Associates
Florida
$3.71M +$174K +15,629 +5%
Fiera Capital (Canada)
8
Fiera Capital (Canada)
Quebec, Canada
$2.97M +$73.9K +6,631 +3%
Morgan Stanley
9
Morgan Stanley
New York
$2.89M +$499K +44,795 +21%
PPA
10
Parametric Portfolio Associates
Washington
$2.71M -$55.6K -4,991 -2%
VanEck Associates
11
VanEck Associates
New York
$2.56M +$378K +33,955 +17%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$2.26M +$117K +10,536 +5%
Wells Fargo
13
Wells Fargo
California
$1.89M -$42.7K -3,830 -2%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$1.83M +$54K +4,841 +3%
CIA
15
Capital Investment Advisors
Georgia
$1.39M -$31.4K -2,821 -2%
Stifel Financial
16
Stifel Financial
Missouri
$1.36M -$947 -85 -0.1%
ECG
17
Edge Capital Group
Georgia
$1.1M
N
18
Nuveen
North Carolina
$824K
AAM
19
Advisors Asset Management
Colorado
$805K -$277K -24,834 -26%
RCM
20
Rivernorth Capital Management
Florida
$600K -$41.4K -3,712 -6%
Truist Financial
21
Truist Financial
North Carolina
$597K +$595K +53,411 New
ACA
22
Ackerman Capital Advisors
Texas
$562K +$561K +50,284 New
WS
23
Wedbush Securities
California
$541K
COLIM
24
City of London Investment Management
United Kingdom
$531K -$730K -65,510 -58%
6M
25
6 Meridian
Kansas
$496K +$26.7K +2,397 +6%

VKI Hedge Fund Activity: Q4 2019 in Review

58 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q4 2019, worth a combined $78.5M — down 0.87% from $79.2M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new VKI positions and 7 closed out — a net gain of 1 holder — while 17 added to existing stakes and 18 trimmed.

The largest buyer was Truist Financial, opening a new position worth an estimated $595K. The largest seller was City of London Investment Management, cutting an estimated $730K.

  • 58 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q4 2019, unchanged from Q3 2019.
  • Funds reported $78.5M of Invesco Advantage Municipal Income Trust II stock for Q4 2019, down 0.87% quarter-over-quarter.
  • 8 funds opened new Invesco Advantage Municipal Income Trust II positions in Q4 2019 and 7 closed out, a net change of +1 holder.
  • The largest Invesco Advantage Municipal Income Trust II buyer in Q4 2019 was Truist Financial, an estimated $595K added.
  • The largest Invesco Advantage Municipal Income Trust II seller in Q4 2019 was City of London Investment Management, an estimated $730K sold.

Based on aggregated 13F filings for Q4 2019.