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Invesco Municipal Trust

85 hedge funds and large institutions have $73.3M invested in Invesco Municipal Trust in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 20

1.11% more ownership

Funds ownership: 10.12%11.22% (+1.1%)

4% more capital invested

Capital invested by funds: $70.7M → $73.3M (+$2.65M)

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

1% less funds holding

Funds holding: 8685 (-1)

Holders
85
Holders Change
-1
Holders Change %
-1.16%
% of All Funds
1.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
25
Reduced
20
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EA
26
Edge Advisors
Georgia
$508K
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$503K -$282K -23,535 -35%
LTFS
28
Ladenburg Thalmann Financial Services
Florida
$441K -$25.7K -2,144 -5%
Northwestern Mutual Wealth Management
29
Northwestern Mutual Wealth Management
Wisconsin
$428K -$94.4K -7,871 -18%
Ameriprise
30
Ameriprise
Minnesota
$388K -$27.5K -2,291 -6%
CCP
31
Clough Capital Partners
Massachusetts
$385K +$394K +32,900 New
AGA
32
Accuvest Global Advisors
Utah
$338K -$23.6K -1,970 -6%
MIG
33
Mariner Investment Group
New York
$302K +$309K +25,800 New
SBIA
34
Sheaff Brock Investment Advisors
Indiana
$289K +$20.4K +1,700 +7%
HighTower Advisors
35
HighTower Advisors
Illinois
$282K -$46.2K -3,853 -14%
MSL
36
Mackay Shields LLC
New York
$282K
RJFSA
37
Raymond James Financial Services Advisors
Florida
$277K +$53.2K +4,434 +23%
Commonwealth Equity Services
38
Commonwealth Equity Services
Massachusetts
$268K -$13.6K -1,135 -5%
FFSOTS
39
Fiduciary Financial Services of The Southwest
Texas
$251K -$41.1K -3,426 -14%
CRC
40
Curi RMB Capital
Illinois
$235K +$241K +20,104 New
Stifel Financial
41
Stifel Financial
Missouri
$215K +$32.3K +2,691 +17%
AA
42
AQR Arbitrage
Connecticut
$207K +$66.7K +5,565 +46%
DA
43
Doliver Advisors
Texas
$206K -$110K -9,149 -34%
WAAG
44
Wealth Alliance Advisory Group
Kansas
$192K
OC
45
Oppenheimer & Co
New York
$190K +$360 +30 +0.2%
PFS
46
Prospera Financial Services
Texas
$189K +$65.9K +5,500 +51%
DADC
47
D.A. Davidson & Co
Montana
$175K
KM
48
Kalos Management
Georgia
$175K
ACA
49
Anchor Capital Advisors
Massachusetts
$161K -$43.8K -3,650 -21%
IA
50
IFP Advisors
Florida
$158K

VKQ Hedge Fund Activity: Q1 2018 in Review

85 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q1 2018, worth a combined $73.3M — up 3.8% from $70.7M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of VKQ and 13 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 25 added.

The largest buyer was UBS Group, adding an estimated $4.35M. The largest seller was Invesco, exiting entirely with an estimated $721K sold.

  • 85 institutional investors held Invesco Municipal Trust (VKQ) as of Q1 2018, down from 86 in Q4 2017.
  • Funds reported $73.3M of Invesco Municipal Trust stock for Q1 2018, up 3.8% quarter-over-quarter.
  • 13 funds opened new Invesco Municipal Trust positions in Q1 2018 and 14 closed out, a net change of -1 holder.
  • The largest Invesco Municipal Trust buyer in Q1 2018 was UBS Group, an estimated $4.35M added.
  • The largest Invesco Municipal Trust seller in Q1 2018 was Invesco, an estimated $721K sold.

Based on aggregated 13F filings for Q1 2018.