Invesco Municipal Trust
VKQ
51 hedge funds and large institutions have $48.3M invested in Invesco Municipal Trust in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 8 closing their positions.
66% more capital invested
Capital invested by funds: $29M → $48.3M (+$19.2M)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
9% more funds holding
Funds holding: 47 → 51 (+4)
2.8% more ownership
Funds ownership: 4.2% → 7% (+2.8%)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $3K | -$1.12K | -97 | -25% |
|
|
ECM
52
ETrade Capital Management
Arlington,
Virginia
| $1K | – | – | – |
|
|
PFS
53
Prospera Financial Services
Dallas,
Texas
| – | -$806K | -63,150 | Closed |
|
|
RJFSA
54
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$515K | -40,782 | Closed |
|
55
Bank of New York Mellon
New York
| – | -$474K | -37,485 | Closed |
|
|
OFG
56
OTA Financial Group
Purchase,
New York
| – | -$285K | -22,607 | Closed |
|
57
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$198K | -15,770 | Closed |
|
|
EFS
58
Essex Financial Services
Essex,
Connecticut
| – | -$128K | -10,100 | Closed |
|
|
RFA
59
Reilly Financial Advisors
La Mesa,
California
| – | -$16K | -1,311 | Closed |
|
|
WA
60
WFG Advisors
Dallas,
Texas
| – | -$6K | -456 | Closed |
|
VKQ Hedge Fund Activity: Q3 2013 in Review
51 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q3 2013, worth a combined $48.3M — up 66% from $29M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new VKQ positions and 8 closed out — a net gain of 4 holders — while 13 added to existing stakes and 13 trimmed.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $12.9M. The largest seller was Guggenheim Capital, cutting an estimated $5.01M.
- 51 institutional investors held Invesco Municipal Trust (VKQ) as of Q3 2013, up from 47 in Q2 2013.
- Funds reported $48.3M of Invesco Municipal Trust stock for Q3 2013, up 66% quarter-over-quarter.
- 12 funds opened new Invesco Municipal Trust positions in Q3 2013 and 8 closed out, a net change of +4 holders.
- The largest Invesco Municipal Trust buyer in Q3 2013 was Fir Tree Capital Management, an estimated $12.9M added.
- The largest Invesco Municipal Trust seller in Q3 2013 was Guggenheim Capital, an estimated $5.01M sold.
Based on aggregated 13F filings for Q3 2013.