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Invesco Municipal Trust

51 hedge funds and large institutions have $48.3M invested in Invesco Municipal Trust in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more capital invested

Capital invested by funds: $29M → $48.3M (+$19.2M)

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

9% more funds holding

Funds holding: 4751 (+4)

2.8% more ownership

Funds ownership: 4.2%7% (+2.8%)

0% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 13

Holders
51
Holders Change
+4
Holders Change %
+8.51%
% of All Funds
1.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
13
Reduced
13
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
U
26
UBS
Switzerland
$188K -$85.2K -7,352 -31%
FFSOTS
27
Fiduciary Financial Services of The Southwest
Texas
$178K
Goldman Sachs
28
Goldman Sachs
New York
$177K +$176K +15,164 New
Barclays
29
Barclays
United Kingdom
$165K +$31.8K +2,747 +22%
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$164K
DA
31
Doliver Advisors
Texas
$162K -$184K -15,878 -53%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$158K +$85K +7,335 +120%
Commonwealth Equity Services
33
Commonwealth Equity Services
Massachusetts
$154K -$103K -8,867 -40%
PP
34
Paloma Partners
Connecticut
$144K -$13.9K -1,200 -9%
PNC Financial Services Group
35
PNC Financial Services Group
Pennsylvania
$142K
BFEC
36
Benjamin F. Edwards & Company
Missouri
$134K +$104K +9,000 +369%
Fifth Third Bancorp
37
Fifth Third Bancorp
Ohio
$76K -$15.9K -1,374 -17%
HCM
38
Highlander Capital Management
New Jersey
$74.8K
Creative Planning
39
Creative Planning
Kansas
$72K +$32.5K +2,800 +84%
PFO
40
Pathstone Family Office
New Jersey
$57K +$55.7K +4,804 New
BC
41
Bartlett & Co
Ohio
$49K
S
42
SignatureFD
Georgia
$19K +$19.3K +1,666 New
NES
43
New England Securities
New York
$16K -$7.53K -650 -32%
Northwestern Mutual Wealth Management
44
Northwestern Mutual Wealth Management
Wisconsin
$16K +$15.5K +1,334 New
Ameriprise
45
Ameriprise
Minnesota
$15K
AIG
46
American International Group
New York
$14K -$15.5K -1,334 -53%
1IC
47
1919 Investment Counsel
Maryland
$8K
AFC
48
AFT Forsyth & Company
Florida
$8K
JIR
49
James Investment Research
Ohio
$5K
LTFS
50
Ladenburg Thalmann Financial Services
Florida
$5K

VKQ Hedge Fund Activity: Q3 2013 in Review

51 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q3 2013, worth a combined $48.3M — up 66% from $29M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new VKQ positions and 8 closed out — a net gain of 4 holders — while 13 added to existing stakes and 13 trimmed.

The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $12.9M. The largest seller was Guggenheim Capital, cutting an estimated $5.01M.

  • 51 institutional investors held Invesco Municipal Trust (VKQ) as of Q3 2013, up from 47 in Q2 2013.
  • Funds reported $48.3M of Invesco Municipal Trust stock for Q3 2013, up 66% quarter-over-quarter.
  • 12 funds opened new Invesco Municipal Trust positions in Q3 2013 and 8 closed out, a net change of +4 holders.
  • The largest Invesco Municipal Trust buyer in Q3 2013 was Fir Tree Capital Management, an estimated $12.9M added.
  • The largest Invesco Municipal Trust seller in Q3 2013 was Guggenheim Capital, an estimated $5.01M sold.

Based on aggregated 13F filings for Q3 2013.