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Invesco Advantage Municipal Income Trust II

77 hedge funds and large institutions have $109M invested in Invesco Advantage Municipal Income Trust II in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more capital invested

Capital invested by funds: $109M → $109M (+$928K)

0.11% more ownership

Funds ownership: 28.91%29.02% (+0.11%)

3% less funds holding

Funds holding: 7977 (-2)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

14% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 22

Holders
77
Holders Change
-2
Holders Change %
-2.53%
% of All Funds
1.11%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
9
Increased
19
Reduced
22
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$11.8M
SIA
2
Sit Investment Associates
Minnesota
$10.2M -$1.2M -140,950 -11%
KIM
3
Karpus Investment Management
New York
$9.57M +$1.57M +184,031 +20%
RCM
4
Robinson Capital Management
Michigan
$7.79M +$2M +235,324 +34%
HWAM
5
Hennion & Walsh Asset Management
New Jersey
$7.56M +$1.42M +166,893 +23%
UBS Group
6
UBS Group
Switzerland
$7.02M -$99.1K -11,647 -1%
LSC
7
Logan Stone Capital
Illinois
$5.54M +$2.38M +279,645 +75%
GC
8
Guggenheim Capital
Illinois
$5.38M -$1.78M -208,773 -25%
Fiera Capital (Canada)
9
Fiera Capital (Canada)
Quebec, Canada
$4.85M -$1.39M -164,012 -22%
Morgan Stanley
10
Morgan Stanley
New York
$4.74M -$3.32M -390,296 -41%
Bank of America
11
Bank of America
North Carolina
$4.14M -$274K -32,231 -6%
AA
12
AQR Arbitrage
Connecticut
$3.12M
VanEck Associates
13
VanEck Associates
New York
$3.02M +$154K +18,117 +5%
LPL Financial
14
LPL Financial
California
$2.5M +$210K +24,677 +9%
Osaic Holdings
15
Osaic Holdings
Arizona
$2.11M +$57.6K +6,775 +3%
SCM
16
Saba Capital Management
New York
$1.6M +$1.6M +188,695 New
Wells Fargo
17
Wells Fargo
California
$1.3M -$860K -101,127 -40%
Rockefeller Capital Management
18
Rockefeller Capital Management
New York
$1.19M +$9.99K +1,175 +0.8%
WAM
19
Wolverine Asset Management
Illinois
$1.06M +$415K +48,802 +65%
ITIM
20
Indiana Trust & Investment Management
Indiana
$1.02M
RJA
21
Raymond James & Associates
Florida
$993K +$195K +22,875 +24%
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$935K
Bank of New York Mellon
23
Bank of New York Mellon
New York
$777K
LCM
24
Landscape Capital Management
New Jersey
$739K -$102K -11,975 -12%
MWM
25
Melfa Wealth Management
Massachusetts
$716K -$113K -13,307 -14%

VKI Hedge Fund Activity: Q1 2024 in Review

77 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q1 2024, worth a combined $109M — up 0.86% from $109M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of VKI and 9 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 19 added.

The largest buyer was Logan Stone Capital, adding an estimated $2.38M. The largest seller was Morgan Stanley, cutting an estimated $3.32M.

  • 77 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q1 2024, down from 79 in Q4 2023.
  • Funds reported $109M of Invesco Advantage Municipal Income Trust II stock for Q1 2024, up 0.86% quarter-over-quarter.
  • 9 funds opened new Invesco Advantage Municipal Income Trust II positions in Q1 2024 and 10 closed out, a net change of -1 holder.
  • The largest Invesco Advantage Municipal Income Trust II buyer in Q1 2024 was Logan Stone Capital, an estimated $2.38M added.
  • The largest Invesco Advantage Municipal Income Trust II seller in Q1 2024 was Morgan Stanley, an estimated $3.32M sold.

Based on aggregated 13F filings for Q1 2024.