Invesco Advantage Municipal Income Trust II
VKI
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, 20 increasing their positions, 21 reducing their positions, and 10 closing their positions.
1.17% more ownership
Funds ownership: 27.85% → 29.02% (+1.2%)
5% more capital invested
Capital invested by funds: $105M → $109M (+$4.93M)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
3% less funds holding
Funds holding: 79 → 77 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2.38M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2M |
| 3 |
SCM
Saba Capital Management
New York
|
+$1.6M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.57M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.78M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.39M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$860K |
| 5 |
AGM
Alpine Global Management
New York
|
-$494K |
VKI Hedge Fund Activity: Q1 2024 in Review
77 of the 6,958 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 4.7% from $105M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of VKI and 9 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 20 added.
The largest buyer was Logan Stone Capital, adding an estimated $2.38M. The largest seller was Guggenheim Capital, cutting an estimated $1.78M.
- 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 4.7% 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 Guggenheim Capital, an estimated $1.78M sold.
Based on aggregated 13F filings for Q1 2024.