Invesco Advantage Municipal Income Trust II
VKI
63 hedge funds and large institutions have $82.6M invested in Invesco Advantage Municipal Income Trust II in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 9 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
4% more capital invested
Capital invested by funds: $79.4M → $82.6M (+$3.2M)
0.1% more ownership
Funds ownership: 20.8% → 20.9% (+0.1%)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
2% less funds holding
Funds holding: 64 → 63 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.95M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.3M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.14M |
| 4 |
LPL Financial
San Diego,
California
|
+$802K |
| 5 |
Rockefeller Capital Management
New York
|
+$701K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.99M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.06M |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$638K |
| 4 |
GA
GFS Advisors
Houston,
Texas
|
-$618K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$279K |
VKI Hedge Fund Activity: Q1 2023 in Review
63 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q1 2023, worth a combined $82.6M — up 4% from $79.4M a quarter earlier.
Fund positioning in VKI was balanced in Q1 2023: 9 funds opened new positions, 9 closed out, 21 added to existing stakes and 16 trimmed.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $1.95M. The largest seller was Guggenheim Capital, cutting an estimated $3.99M.
- 63 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q1 2023, down from 64 in Q4 2022.
- Funds reported $82.6M of Invesco Advantage Municipal Income Trust II stock for Q1 2023, up 4% quarter-over-quarter.
- 9 funds opened new Invesco Advantage Municipal Income Trust II positions in Q1 2023 and 9 closed out, a net change of 0 holders.
- The largest Invesco Advantage Municipal Income Trust II buyer in Q1 2023 was Hennion & Walsh Asset Management, an estimated $1.95M added.
- The largest Invesco Advantage Municipal Income Trust II seller in Q1 2023 was Guggenheim Capital, an estimated $3.99M sold.
Based on aggregated 13F filings for Q1 2023.