Invesco Municipal Trust
VKQ
62 hedge funds and large institutions have $108M invested in Invesco Municipal Trust in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
2.38% less ownership
Funds ownership: 17.07% → 14.69% (-2.4%)
3% less funds holding
Funds holding: 64 → 62 (-2)
10% less capital invested
Capital invested by funds: $120M → $108M (-$12.4M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
Top Sellers
VKQ Hedge Fund Activity: Q1 2016 in Review
62 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q1 2016, worth a combined $108M — down 10% from $120M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of VKQ and 6 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 26 added.
The largest buyer was Yorktown Management & Research Company, opening a new position worth an estimated $2.61M. The largest seller was Karpus Investment Management, cutting an estimated $20.3M.
- 62 institutional investors held Invesco Municipal Trust (VKQ) as of Q1 2016, down from 64 in Q4 2015.
- Funds reported $108M of Invesco Municipal Trust stock for Q1 2016, down 10% quarter-over-quarter.
- 6 funds opened new Invesco Municipal Trust positions in Q1 2016 and 8 closed out, a net change of -2 holders.
- The largest Invesco Municipal Trust buyer in Q1 2016 was Yorktown Management & Research Company, an estimated $2.61M added.
- The largest Invesco Municipal Trust seller in Q1 2016 was Karpus Investment Management, an estimated $20.3M sold.
Based on aggregated 13F filings for Q1 2016.