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Invesco Municipal Trust

69 hedge funds and large institutions have $87.1M invested in Invesco Municipal Trust in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

11% more funds holding

Funds holding: 6269 (+7)

5% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 19

3.57% less ownership

Funds ownership: 14.69%11.11% (-3.6%)

19% less capital invested

Capital invested by funds: $108M → $87.1M (-$20.8M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
69
Holders Change
+7
Holders Change %
+11.29%
% of All Funds
1.84%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
13
Increased
18
Reduced
19
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CAN
26
Cetera Advisor Networks
California
$523K +$503K +37,010 New
Commonwealth Equity Services
27
Commonwealth Equity Services
Massachusetts
$484K +$626 +46 +0.1%
GEM
28
Global Endowment Management
North Carolina
$463K
RJFSA
29
Raymond James Financial Services Advisors
Florida
$461K +$6.05K +445 +1%
CIA
30
Capital Investment Advisors
Georgia
$436K
Stifel Financial
31
Stifel Financial
Missouri
$423K +$405K +29,759 New
OC
32
Oppenheimer & Co
New York
$337K +$34K +2,500 +12%
SBIA
33
Sheaff Brock Investment Advisors
Indiana
$274K
HighTower Advisors
34
HighTower Advisors
Illinois
$261K
WFI
35
West Family Investments
California
$254K -$122K -9,000 -33%
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$232K -$138K -10,127 -38%
HCM
37
Hollencrest Capital Management
California
$217K
DA
38
Doliver Advisors
Texas
$214K +$205K +15,064 New
SWM
39
Segment Wealth Management
Texas
$213K -$272K -20,000 -57%
US Bancorp
40
US Bancorp
Minnesota
$208K +$9.37K +689 +5%
VFS
41
VSR Financial Services
Kansas
$204K +$12.3K +901 +7%
AIM
42
Allen Investment Management
New York
$186K
IA
43
IFP Advisors
Florida
$186K +$178K +13,055 New
EFS
44
Essex Financial Services
Connecticut
$179K
LNWWM
45
Laird Norton Wetherby Wealth Management
California
$172K +$164K +12,087 New
BTS
46
BB&T Securities
Virginia
$171K
RIA
47
Regal Investment Advisors
Michigan
$168K +$160K +11,794 New
ICOA
48
Investment Centers of America
North Dakota
$167K +$1.85K +136 +1%
PM
49
Penbrook Management
New York
$142K
BFEC
50
Benjamin F. Edwards & Company
Missouri
$133K -$122K -8,966 -49%

VKQ Hedge Fund Activity: Q2 2016 in Review

69 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q2 2016, worth a combined $87.1M — down 19% from $108M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new VKQ positions and 6 closed out — a net gain of 7 holders — while 18 added to existing stakes and 19 trimmed.

The largest buyer was Wells Fargo, adding an estimated $1.45M. The largest seller was Karpus Investment Management, cutting an estimated $17.9M.

  • 69 institutional investors held Invesco Municipal Trust (VKQ) as of Q2 2016, up from 62 in Q1 2016.
  • Funds reported $87.1M of Invesco Municipal Trust stock for Q2 2016, down 19% quarter-over-quarter.
  • 13 funds opened new Invesco Municipal Trust positions in Q2 2016 and 6 closed out, a net change of +7 holders.
  • The largest Invesco Municipal Trust buyer in Q2 2016 was Wells Fargo, an estimated $1.45M added.
  • The largest Invesco Municipal Trust seller in Q2 2016 was Karpus Investment Management, an estimated $17.9M sold.

Based on aggregated 13F filings for Q2 2016.