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Invesco Advantage Municipal Income Trust II

73 hedge funds and large institutions have $109M invested in Invesco Advantage Municipal Income Trust II in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $109M → $109M (-$586K)

1.35% less ownership

Funds ownership: 29.02%27.67% (-1.3%)

5% less funds holding

Funds holding: 7773 (-4)

18% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 22

19% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 16

Holders
73
Holders Change
-4
Holders Change %
-5.19%
% of All Funds
1.05%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
13
Increased
18
Reduced
22
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$12.7M +$278K +32,691 +2%
KIM
2
Karpus Investment Management
New York
$10.6M +$551K +64,752 +6%
HWAM
3
Hennion & Walsh Asset Management
New Jersey
$8.36M +$451K +52,966 +6%
RCM
4
Robinson Capital Management
Michigan
$7.77M -$459K -53,963 -6%
UBS Group
5
UBS Group
Switzerland
$7.47M +$135K +15,828 +2%
SIA
6
Sit Investment Associates
Minnesota
$7.14M -$3.34M -392,010 -33%
GC
7
Guggenheim Capital
Illinois
$5.99M +$360K +42,252 +7%
Morgan Stanley
8
Morgan Stanley
New York
$4.9M -$45.6K -5,355 -1%
Bank of America
9
Bank of America
North Carolina
$4.37M +$40.8K +4,790 +1%
MSL
10
Mackay Shields LLC
New York
$3.82M +$3.66M +430,567 New
Fiera Capital (Canada)
11
Fiera Capital (Canada)
Quebec, Canada
$3.49M -$1.51M -177,760 -31%
Wells Fargo
12
Wells Fargo
California
$3.13M +$1.7M +199,851 +131%
VanEck Associates
13
VanEck Associates
New York
$2.9M -$244K -28,631 -8%
LSC
14
Logan Stone Capital
Illinois
$2.73M -$2.93M -343,909 -53%
AA
15
AQR Arbitrage
Connecticut
$2.54M -$684K -80,381 -22%
LPL Financial
16
LPL Financial
California
$2.29M -$309K -36,312 -12%
SA
17
Sanctuary Advisors
Indiana
$1.78M +$1.84M +216,073 New
AAM
18
Advisors Asset Management
Colorado
$1.09M +$1.05M +123,434 New
ITIM
19
Indiana Trust & Investment Management
Indiana
$1.06M
Rockefeller Capital Management
20
Rockefeller Capital Management
New York
$993K -$242K -28,415 -20%
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$976K
Stifel Financial
22
Stifel Financial
Missouri
$864K +$520K +61,141 +169%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$829K +$17.1K +2,010 +2%
MWM
24
Melfa Wealth Management
Massachusetts
$758K +$10.6K +1,245 +1%
RIL
25
Rothschild Investment LLC
Illinois
$722K

VKI Hedge Fund Activity: Q2 2024 in Review

73 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Invesco Advantage Municipal Income Trust II (VKI) for Q2 2024, worth a combined $109M — down 0.54% from $109M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of VKI and 13 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 18 added.

The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $3.66M. The largest seller was Sit Investment Associates, cutting an estimated $3.34M.

  • 73 institutional investors held Invesco Advantage Municipal Income Trust II (VKI) as of Q2 2024, down from 77 in Q1 2024.
  • Funds reported $109M of Invesco Advantage Municipal Income Trust II stock for Q2 2024, down 0.54% quarter-over-quarter.
  • 13 funds opened new Invesco Advantage Municipal Income Trust II positions in Q2 2024 and 16 closed out, a net change of -3 holders.
  • The largest Invesco Advantage Municipal Income Trust II buyer in Q2 2024 was Mackay Shields LLC, an estimated $3.66M added.
  • The largest Invesco Advantage Municipal Income Trust II seller in Q2 2024 was Sit Investment Associates, an estimated $3.34M sold.

Based on aggregated 13F filings for Q2 2024.