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Invesco Municipal Trust

68 hedge funds and large institutions have $70.5M invested in Invesco Municipal Trust in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 16 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 16

1.79% less ownership

Funds ownership: 11.75%9.97% (-1.8%)

3% less funds holding

Funds holding: 7068 (-2)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

14% less capital invested

Capital invested by funds: $82.4M → $70.5M (-$11.8M)

Holders
68
Holders Change
-2
Holders Change %
-2.86%
% of All Funds
1.7%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
30
Reduced
16
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Stifel Financial
26
Stifel Financial
Missouri
$615K +$21.7K +1,708 +4%
CIA
27
Capital Investment Advisors
Georgia
$607K +$19.7K +1,550 +3%
LTFS
28
Ladenburg Thalmann Financial Services
Florida
$604K +$576K +45,354 +2,587%
EA
29
Edge Advisors
Georgia
$558K
Ameriprise
30
Ameriprise
Minnesota
$447K +$134K +10,544 +43%
PCP
31
Proficio Capital Partners
Massachusetts
$415K -$313K -24,674 -44%
RJFSA
32
Raymond James Financial Services Advisors
Florida
$390K +$356 +28 +0.1%
PAG
33
Private Advisor Group
New Jersey
$358K -$110K -8,700 -24%
HighTower Advisors
34
HighTower Advisors
Illinois
$332K +$156K +12,295 +90%
MSL
35
Mackay Shields LLC
New York
$309K
SBIA
36
Sheaff Brock Investment Advisors
Indiana
$291K +$17.8K +1,400 +7%
RIA
37
Regal Investment Advisors
Michigan
$283K +$39.9K +3,144 +17%
OC
38
Oppenheimer & Co
New York
$237K
ACA
39
Anchor Capital Advisors
Massachusetts
$223K
LPL Financial
40
LPL Financial
California
$211K -$888K -69,938 -81%
WS
41
Wedbush Securities
California
$195K +$3.81K +300 +2%
SWM
42
Segment Wealth Management
Texas
$180K -$12.7K -1,000 -7%
FFSOTS
43
Fiduciary Financial Services of The Southwest
Texas
$171K +$169K +13,295 New
LNWWM
44
Laird Norton Wetherby Wealth Management
California
$169K -$54K -4,252 -24%
BRC
45
Bell Rock Capital
Delaware
$168K +$1.31K +103 +0.8%
ICOA
46
Investment Centers of America
North Dakota
$157K +$1.75K +138 +1%
EFS
47
Essex Financial Services
Connecticut
$149K -$12.7K -1,000 -8%
Millennium Management
48
Millennium Management
New York
$146K +$144K +11,342 New
PFS
49
Prospera Financial Services
Texas
$137K -$20.2K -1,590 -13%
IA
50
IFP Advisors
Florida
$131K

VKQ Hedge Fund Activity: Q2 2017 in Review

68 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q2 2017, worth a combined $70.5M — down 14% from $82.4M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of VKQ and 7 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 30 added.

The largest buyer was Wells Fargo, adding an estimated $1.71M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $4.46M sold.

  • 68 institutional investors held Invesco Municipal Trust (VKQ) as of Q2 2017, down from 70 in Q1 2017.
  • Funds reported $70.5M of Invesco Municipal Trust stock for Q2 2017, down 14% quarter-over-quarter.
  • 7 funds opened new Invesco Municipal Trust positions in Q2 2017 and 8 closed out, a net change of -1 holder.
  • The largest Invesco Municipal Trust buyer in Q2 2017 was Wells Fargo, an estimated $1.71M added.
  • The largest Invesco Municipal Trust seller in Q2 2017 was Laurion Capital Management, an estimated $4.46M sold.

Based on aggregated 13F filings for Q2 2017.