Invesco Municipal Trust
VKQ
63 hedge funds and large institutions have $107M invested in Invesco Municipal Trust in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
19% more funds holding
Funds holding: 53 → 63 (+10)
6% more capital invested
Capital invested by funds: $101M → $107M (+$5.74M)
0.7% more ownership
Funds ownership: 14.18% → 14.88% (+0.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.34M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$877K |
| 3 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$757K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$515K |
| 5 |
SG Americas Securities
New York
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$498K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$304K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$304K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$253K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$171K |
VKQ Hedge Fund Activity: Q4 2014 in Review
63 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q4 2014, worth a combined $107M — up 5.7% from $101M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new VKQ positions and 3 closed out — a net gain of 11 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.34M. The largest seller was Cornerstone Advisors, cutting an estimated $498K.
- 63 institutional investors held Invesco Municipal Trust (VKQ) as of Q4 2014, up from 53 in Q3 2014.
- Funds reported $107M of Invesco Municipal Trust stock for Q4 2014, up 5.7% quarter-over-quarter.
- 14 funds opened new Invesco Municipal Trust positions in Q4 2014 and 3 closed out, a net change of +11 holders.
- The largest Invesco Municipal Trust buyer in Q4 2014 was Karpus Investment Management, an estimated $1.34M added.
- The largest Invesco Municipal Trust seller in Q4 2014 was Cornerstone Advisors, an estimated $498K sold.
Based on aggregated 13F filings for Q4 2014.