Invesco Municipal Trust
VKQ
75 hedge funds and large institutions have $132M invested in Invesco Municipal Trust in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 13 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
1.54% more ownership
Funds ownership: 27.08% → 28.62% (+1.5%)
7% less capital invested
Capital invested by funds: $141M → $132M (-$9.26M)
7% less funds holding
Funds holding: 81 → 75 (-6)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$2.53M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.39M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.55M |
| 4 |
API
Advisor Partners II
Walnut Creek,
California
|
+$1.09M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$857K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$917K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$768K |
| 3 |
BlackRock
New York
|
-$662K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$402K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$195K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
AssetMark Inc
Concord,
California
| $5 | – | – | – |
|
77
HighTower Advisors
Chicago,
Illinois
| – | -$157K | -16,676 | Closed |
|
|
PFS
78
Prospera Financial Services
Dallas,
Texas
| – | -$156K | -16,541 | Closed |
|
|
WP
79
Woodline Partners
San Francisco,
California
| – | -$150K | -15,881 | Closed |
|
80
Nomura Holdings
Tokyo,
Japan
| – | -$127K | -13,500 | Closed |
|
|
XF
81
XML Financial
Bethesda,
Maryland
| – | -$112K | -11,880 | Closed |
|
82
Cerity Partners
New York
| – | -$107K | -11,357 | Closed |
|
|
KPWS
83
Kestra Private Wealth Services
Austin,
Texas
| – | -$104K | -11,000 | Closed |
|
84
Financial Engines Advisors
Santa Clara,
California
| – | -$94.5K | -10,024 | Closed |
|
|
HS
85
Horan Securities
Cincinnati,
United States
| – | -$24.4K | -2,587 | Closed |
|
|
FA
86
Fiduciary Alliance
Greenville,
South Carolina
| – | -$6.28K | -665 | Closed |
|
|
AF
87
Allworth Financial
Folsom,
California
| – | -$4.71K | -500 | Closed |
|
88
Jones Financial Companies
Des Peres,
Missouri
| – | -$4.45K | -472 | Closed |
|
89
Fidelity Investments
Boston,
Massachusetts
| – | -$28 | -3 | Closed |
|
VKQ Hedge Fund Activity: Q3 2023 in Review
75 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q3 2023, worth a combined $132M — down 6.5% from $141M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of VKQ and 7 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 28 added.
The largest buyer was Bramshill Investments, adding an estimated $2.53M. The largest seller was Sit Investment Associates, cutting an estimated $917K.
- 75 institutional investors held Invesco Municipal Trust (VKQ) as of Q3 2023, down from 81 in Q2 2023.
- Funds reported $132M of Invesco Municipal Trust stock for Q3 2023, down 6.5% quarter-over-quarter.
- 7 funds opened new Invesco Municipal Trust positions in Q3 2023 and 13 closed out, a net change of -6 holders.
- The largest Invesco Municipal Trust buyer in Q3 2023 was Bramshill Investments, an estimated $2.53M added.
- The largest Invesco Municipal Trust seller in Q3 2023 was Sit Investment Associates, an estimated $917K sold.
Based on aggregated 13F filings for Q3 2023.