Invesco Municipal Trust
VKQ
94 hedge funds and large institutions have $160M invested in Invesco Municipal Trust in 2025 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 19 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
89% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 19
3% more capital invested
Capital invested by funds: $155M → $160M (+$4.64M)
0.7% less ownership
Funds ownership: 30.56% → 29.87% (-0.7%)
4% less funds holding
Funds holding: 98 → 94 (-4)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.97M |
| 2 |
LPL Financial
San Diego,
California
|
+$5.8M |
| 3 |
Morgan Stanley
New York
|
+$2.14M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.72M |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$874K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$15.6M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$4.73M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$957K |
| 5 |
Pathstone Holdings
Englewood,
New Jersey
|
-$937K |
VKQ Hedge Fund Activity: Q3 2025 in Review
94 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q3 2025, worth a combined $160M — up 3% from $155M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of VKQ and 10 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 36 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $7.97M. The largest seller was Karpus Investment Management, cutting an estimated $15.6M.
- 94 institutional investors held Invesco Municipal Trust (VKQ) as of Q3 2025, down from 98 in Q2 2025.
- Funds reported $160M of Invesco Municipal Trust stock for Q3 2025, up 3% quarter-over-quarter.
- 10 funds opened new Invesco Municipal Trust positions in Q3 2025 and 14 closed out, a net change of -4 holders.
- The largest Invesco Municipal Trust buyer in Q3 2025 was Rivernorth Capital Management, an estimated $7.97M added.
- The largest Invesco Municipal Trust seller in Q3 2025 was Karpus Investment Management, an estimated $15.6M sold.
Based on aggregated 13F filings for Q3 2025.