Invesco Municipal Trust
VKQ
81 hedge funds and large institutions have $107M invested in Invesco Municipal Trust in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
4% more funds holding
Funds holding: 78 → 81 (+3)
0.65% less ownership
Funds ownership: 17.08% → 16.43% (-0.65%)
8% less capital invested
Capital invested by funds: $116M → $107M (-$9.04M)
Top Buyers
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$8.67M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.22M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$4.57M |
| 4 |
Morgan Stanley
New York
|
+$945K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$818K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
76
Advisornet Financial
Minnetonka,
Minnesota
| $6K | -$35.3K | -2,800 | -85% |
|
|
THWM
77
Taylor Hoffman Wealth Management
Richmond,
Virginia
| $6K | – | – | – |
|
|
RCAG
78
Rehmann Capital Advisory Group
Lansing,
Michigan
| $5.81K | – | – | – |
|
|
APA
79
American Portfolios Advisors
Holbrook,
New York
| $5.04K | – | – | – |
|
|
JCM
80
Jacobi Capital Management
Pittston,
Pennsylvania
| $2K | – | – | – |
|
81
Northern Trust
Chicago,
Illinois
| $2K | – | – | – |
|
|
PCP
82
Proficio Capital Partners
Newton,
Massachusetts
| – | -$658K | -53,420 | Closed |
|
|
LCM
83
Landscape Capital Management
Englewood,
New Jersey
| – | -$195K | -15,834 | Closed |
|
|
PAG
84
Private Advisor Group
Morristown,
New Jersey
| – | -$150K | -12,200 | Closed |
|
|
WS
85
Wedbush Securities
Los Angeles,
California
| – | -$127K | -10,300 | Closed |
|
|
FMII
86
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$17K | -1,400 | Closed |
|
87
JP Morgan Chase
New York
| – | -$2K | -197 | Closed |
|
88
Fidelity Investments
Boston,
Massachusetts
| – | +$13 | +1 | New |
|
VKQ Hedge Fund Activity: Q3 2019 in Review
81 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q3 2019, worth a combined $107M — down 7.8% from $116M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new VKQ positions and 6 closed out — a net gain of 3 holders — while 26 added to existing stakes and 18 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $8.67M. The largest seller was Bramshill Investments, cutting an estimated $24.7M.
- 81 institutional investors held Invesco Municipal Trust (VKQ) as of Q3 2019, up from 78 in Q2 2019.
- Funds reported $107M of Invesco Municipal Trust stock for Q3 2019, down 7.8% quarter-over-quarter.
- 9 funds opened new Invesco Municipal Trust positions in Q3 2019 and 6 closed out, a net change of +3 holders.
- The largest Invesco Municipal Trust buyer in Q3 2019 was Guggenheim Capital, an estimated $8.67M added.
- The largest Invesco Municipal Trust seller in Q3 2019 was Bramshill Investments, an estimated $24.7M sold.
Based on aggregated 13F filings for Q3 2019.