We are live on ! Find out more
VKQ icon

Invesco Municipal Trust
VKQ

59 hedge funds and large institutions have $111M invested in Invesco Municipal Trust in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 9 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

144% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 9

4% more capital invested

Capital invested by funds: $107M → $111M (+$3.91M)

0.39% more ownership

Funds ownership: 14.88% → 15.26% (+0.39%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

6% less funds holding

Funds holding: 63 → 59 (-4)

25% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 12

Holders
59
Holders Change
-4
Holders Change %
-6.35%
% of All Funds
1.57%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
9
Increased
22
Reduced
9
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MSL
Mackay Shields LLC
New York
+$7.95M
2
Morgan Stanley
Morgan Stanley
New York
+$1.19M
3
AAM
Advisors Asset Management
Colorado
+$1.02M
4
SIA
Sit Investment Associates
Minnesota
+$1.01M
5
PPA
Parametric Portfolio Associates
Washington
+$1M

Top Sellers

Rank Fund Capital Flow
1
AllianceBernstein
AllianceBernstein
Tennessee
-$10.9M
2
AQR Capital Management
AQR Capital Management
Connecticut
-$1.6M
3
VKH
Virtu KCG Holdings
New York
-$517K
4
SG Americas Securities
SG Americas Securities
New York
-$418K
5
CA
Cornerstone Advisors
North Carolina
-$399K
Name Holding Trade Value Shares
Change 		Change in
Stake
RJA
26
Raymond James & Associates
Florida
$547K +$19K +1,479 +4%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$482K +$66.2K +5,150 +16%
SWM
28
Segment Wealth Management
Texas
$474K – – –
CRC
29
Curi RMB Capital
Illinois
$380K +$382K +29,705 New
WFI
30
West Family Investments
California
$344K – – –
BFEC
31
Benjamin F. Edwards & Company
Missouri
$333K +$53.1K +4,131 +19%
CIA
32
Capital Investment Advisors
Georgia
$322K +$12.4K +967 +4%
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$252K +$1.58K +123 +0.6%
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$250K -$24.3K -1,886 -9%
KeyBank National Association
35
KeyBank National Association
Ohio
$247K +$90K +7,000 +57%
OC
36
Oppenheimer & Co
New York
$236K – – –
LCM
37
Landscape Capital Management
New Jersey
$209K -$70.3K -5,467 -25%
HighTower Advisors
38
HighTower Advisors
Illinois
$201K -$163K -12,700 -45%
US Bancorp
39
US Bancorp
Minnesota
$196K – – –
Deutsche Bank
40
Deutsche Bank
Germany
$188K -$3.6K -280 -2%
EFS
41
Essex Financial Services
Connecticut
$183K – – –
PAG
42
Private Advisor Group
New Jersey
$175K +$6.43K +500 +4%
WAM
43
Wolverine Asset Management
Illinois
$141K +$143K +11,086 New
PM
44
Penbrook Management
New York
$128K – – –
HCM
45
Highlander Capital Management
New Jersey
$82K – – –
Fifth Third Bancorp
46
Fifth Third Bancorp
Ohio
$66K – – –
RAM
47
Riggs Asset Management
Pennsylvania
$57K – – –
BC
48
Bartlett & Co
Ohio
$54K – – –
NFG
49
Next Financial Group
Texas
$31K – – –
OIA
50
Optimum Investment Advisors
Illinois
$31K – – –
1
2
3

VKQ Hedge Fund Activity: Q1 2015 in Review

59 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q1 2015, worth a combined $111M — up 3.7% from $107M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of VKQ and 9 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 22 added.

The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $7.95M. The largest seller was AllianceBernstein, exiting entirely with an estimated $10.9M sold.

  • 59 institutional investors held Invesco Municipal Trust (VKQ) as of Q1 2015, down from 63 in Q4 2014.
  • Funds reported $111M of Invesco Municipal Trust stock for Q1 2015, up 3.7% quarter-over-quarter.
  • 9 funds opened new Invesco Municipal Trust positions in Q1 2015 and 12 closed out, a net change of -3 holders.
  • The largest Invesco Municipal Trust buyer in Q1 2015 was Mackay Shields LLC, an estimated $7.95M added.
  • The largest Invesco Municipal Trust seller in Q1 2015 was AllianceBernstein, an estimated $10.9M sold.

Based on aggregated 13F filings for Q1 2015.