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Invesco Municipal Trust

68 hedge funds and large institutions have $70.5M invested in Invesco Municipal Trust in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 16 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 16

1.79% less ownership

Funds ownership: 11.75%9.97% (-1.8%)

3% less funds holding

Funds holding: 7068 (-2)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

14% less capital invested

Capital invested by funds: $82.4M → $70.5M (-$11.8M)

Holders
68
Holders Change
-2
Holders Change %
-2.86%
% of All Funds
1.7%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
30
Reduced
16
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
51
Barrett Asset Management
New York
$97K
BFEC
52
Benjamin F. Edwards & Company
Missouri
$79K
HCM
53
Highlander Capital Management
New Jersey
$74K
US Bancorp
54
US Bancorp
Minnesota
$72K -$49.2K -3,872 -41%
DADC
55
D.A. Davidson & Co
Montana
$68K
Creative Planning
56
Creative Planning
Kansas
$61K +$1.45K +114 +2%
MCIA
57
Mountain Capital Investment Advisors
Colorado
$54K +$53.8K +4,233 New
GWM
58
Geneos Wealth Management
Colorado
$47K +$38K +2,990 +400%
PNC Financial Services Group
59
PNC Financial Services Group
Pennsylvania
$38K -$188K -14,822 -83%
BC
60
Bartlett & Co
Ohio
$34K
HNB
61
Huntington National Bank
Ohio
$22K
Fifth Third Bancorp
62
Fifth Third Bancorp
Ohio
$20K
AIM
63
Advantage Investment Management
Iowa
$15K +$4.81K +379 +50%
JIR
64
James Investment Research
Ohio
$13K
CFG
65
Citizens Financial Group
Rhode Island
$6K +$6.26K +493 New
AG
66
Advisor Group
Arizona
$4K
SPIA
67
Steward Partners Investment Advisory
New York
$4K +$3.98K +313 New
Northern Trust
68
Northern Trust
Illinois
$2K +$218K +17,197 New
IWM
69
IHT Wealth Management
Illinois
$924
LCM
70
Laurion Capital Management
New York
-$4.46M -355,510 Closed
RCM
71
Rivernorth Capital Management
Florida
-$3.38M -270,076 Closed
KIM
72
Karpus Investment Management
New York
-$2.48M -197,580 Closed
LCM
73
Landscape Capital Management
New Jersey
-$913K -74,501 Closed
ACS
74
Archford Capital Strategies
Illinois
-$1.12M -33,966 Closed
GEM
75
Global Endowment Management
North Carolina
-$409K -32,602 Closed

VKQ Hedge Fund Activity: Q2 2017 in Review

68 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q2 2017, worth a combined $70.5M — down 14% from $82.4M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of VKQ and 7 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 30 added.

The largest buyer was Wells Fargo, adding an estimated $1.71M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $4.46M sold.

  • 68 institutional investors held Invesco Municipal Trust (VKQ) as of Q2 2017, down from 70 in Q1 2017.
  • Funds reported $70.5M of Invesco Municipal Trust stock for Q2 2017, down 14% quarter-over-quarter.
  • 7 funds opened new Invesco Municipal Trust positions in Q2 2017 and 8 closed out, a net change of -1 holder.
  • The largest Invesco Municipal Trust buyer in Q2 2017 was Wells Fargo, an estimated $1.71M added.
  • The largest Invesco Municipal Trust seller in Q2 2017 was Laurion Capital Management, an estimated $4.46M sold.

Based on aggregated 13F filings for Q2 2017.