Invesco Municipal Trust
VKQ
52 hedge funds and large institutions have $101M invested in Invesco Municipal Trust in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 7 reducing their positions, and 7 closing their positions.
171% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 7
9% more capital invested
Capital invested by funds: $92.6M → $101M (+$8.34M)
0.74% more ownership
Funds ownership: 13.39% → 14.14% (+0.74%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 54 → 52 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
Top Sellers
| 1 |
GCM
Gruss Capital Management
New York
|
-$974K |
| 2 |
MPEM
Marathon Partners Equity Management
New York
|
-$762K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$569K |
| 4 |
Morgan Stanley
New York
|
-$210K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$134K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
51
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | – | – | – |
|
|
AIG
52
American International Group
New York
| $3.76K | – | – | – |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $1K | – | – | – |
|
|
GCM
54
Gruss Capital Management
New York
| – | -$974K | -80,534 | Closed |
|
|
MPEM
55
Marathon Partners Equity Management
New York
| – | -$762K | -63,000 | Closed |
|
|
TC
56
TFS Capital
West Chester,
Pennsylvania
| – | -$569K | -47,024 | Closed |
|
|
VKH
57
Virtu KCG Holdings
New York
| – | -$134K | -11,066 | Closed |
|
|
FNBT
58
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$12K | -1,000 | Closed |
|
|
NSIM
59
North Star Investment Management
Chicago,
Illinois
| – | -$11K | -901 | Closed |
|
60
Barclays
London,
United Kingdom
| – | -$1K | -78 | Closed |
|
VKQ Hedge Fund Activity: Q2 2014 in Review
52 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q2 2014, worth a combined $101M — up 9% from $92.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of VKQ and 5 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 19 added.
The largest buyer was Karpus Investment Management, adding an estimated $3.15M. The largest seller was Gruss Capital Management, exiting entirely with an estimated $974K sold.
- 52 institutional investors held Invesco Municipal Trust (VKQ) as of Q2 2014, down from 54 in Q1 2014.
- Funds reported $101M of Invesco Municipal Trust stock for Q2 2014, up 9% quarter-over-quarter.
- 5 funds opened new Invesco Municipal Trust positions in Q2 2014 and 7 closed out, a net change of -2 holders.
- The largest Invesco Municipal Trust buyer in Q2 2014 was Karpus Investment Management, an estimated $3.15M added.
- The largest Invesco Municipal Trust seller in Q2 2014 was Gruss Capital Management, an estimated $974K sold.
Based on aggregated 13F filings for Q2 2014.