Invesco Advantage Municipal Income Trust II
VKI
66 hedge funds and large institutions have $62.5M invested in Invesco Advantage Municipal Income Trust II in 2022 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
16% more funds holding
Funds holding: 57 → 66 (+9)
1.11% more ownership
Funds ownership: 16.21% → 17.31% (+1.1%)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
8% less capital invested
Capital invested by funds: $67.9M → $62.5M (-$5.42M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.85M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.13M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.23M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$1.01M |
| 5 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$852K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5.72M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$808K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$372K |
| 4 |
IFG
Independent Financial Group
San Diego,
California
|
-$101K |
| 5 |
SG
StoneX Group
New York
|
-$98.2K |
VKI Hedge Fund Activity: Q3 2022 in Review
66 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q3 2022, worth a combined $62.5M — down 8% from $67.9M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new VKI positions and 8 closed out — a net gain of 10 holders — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.85M. The largest seller was Bank of America, cutting an estimated $5.72M.
- 66 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q3 2022, up from 57 in Q2 2022.
- Funds reported $62.5M of Invesco Advantage Municipal Income Trust II stock for Q3 2022, down 8% quarter-over-quarter.
- 18 funds opened new Invesco Advantage Municipal Income Trust II positions in Q3 2022 and 8 closed out, a net change of +10 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q3 2022 was Sit Investment Associates, an estimated $2.85M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q3 2022 was Bank of America, an estimated $5.72M sold.
Based on aggregated 13F filings for Q3 2022.