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Invesco Municipal Trust

69 hedge funds and large institutions have $87.1M invested in Invesco Municipal Trust in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

11% more funds holding

Funds holding: 6269 (+7)

5% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 19

3.57% less ownership

Funds ownership: 14.69%11.11% (-3.6%)

19% less capital invested

Capital invested by funds: $108M → $87.1M (-$20.8M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
69
Holders Change
+7
Holders Change %
+11.29%
% of All Funds
1.84%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
13
Increased
18
Reduced
19
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
51
Barrett Asset Management
New York
$107K +$103K +7,555 New
HCM
52
Highlander Capital Management
New Jersey
$91K
Creative Planning
53
Creative Planning
Kansas
$90K -$12.6K -928 -13%
Northwestern Mutual Wealth Management
54
Northwestern Mutual Wealth Management
Wisconsin
$89K +$85K +6,250 New
TJHA
55
Thomas J. Herzfeld Advisors
Florida
$71K
PNC Financial Services Group
56
PNC Financial Services Group
Pennsylvania
$66K -$274K -20,140 -81%
JIR
57
James Investment Research
Ohio
$60K
Deutsche Bank
58
Deutsche Bank
Germany
$39K -$163K -12,000 -81%
BC
59
Bartlett & Co
Ohio
$38K
Fifth Third Bancorp
60
Fifth Third Bancorp
Ohio
$37K -$32.4K -2,380 -47%
DADC
61
D.A. Davidson & Co
Montana
$32K +$31.2K +2,291 New
AG
62
Advisor Group
Arizona
$13K +$12.9K +950 New
CFS
63
Commonwealth Financial Services
West Virginia
$11K
GWM
64
Geneos Wealth Management
Colorado
$10K
MFS
65
MSI Financial Services
Massachusetts
$9K -$29.3K -2,156 -77%
LTFS
66
Ladenburg Thalmann Financial Services
Florida
$8K
DOA
67
D'Orazio & Associates
Virginia
$5K +$4.89K +360 New
Citigroup
68
Citigroup
New York
$4K
Northern Trust
69
Northern Trust
Illinois
$3K -$140K -10,289 -35%
PPA
70
Parametric Portfolio Associates
Washington
-$5.97M -448,426 Closed
LCM
71
Laurion Capital Management
New York
-$4.55M -341,375 Closed
CRC
72
Curi RMB Capital
Illinois
-$370K -27,744 Closed
IP
73
Investment Partners
Ohio
-$164K -12,894 Closed
AIG
74
American International Group
New York
-$13K -950 Closed
TRCT
75
Tower Research Capital (TRC)
New York
-$1K -53 Closed

VKQ Hedge Fund Activity: Q2 2016 in Review

69 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q2 2016, worth a combined $87.1M — down 19% from $108M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new VKQ positions and 6 closed out — a net gain of 7 holders — while 18 added to existing stakes and 19 trimmed.

The largest buyer was Wells Fargo, adding an estimated $1.45M. The largest seller was Karpus Investment Management, cutting an estimated $17.9M.

  • 69 institutional investors held Invesco Municipal Trust (VKQ) as of Q2 2016, up from 62 in Q1 2016.
  • Funds reported $87.1M of Invesco Municipal Trust stock for Q2 2016, down 19% quarter-over-quarter.
  • 13 funds opened new Invesco Municipal Trust positions in Q2 2016 and 6 closed out, a net change of +7 holders.
  • The largest Invesco Municipal Trust buyer in Q2 2016 was Wells Fargo, an estimated $1.45M added.
  • The largest Invesco Municipal Trust seller in Q2 2016 was Karpus Investment Management, an estimated $17.9M sold.

Based on aggregated 13F filings for Q2 2016.