Invesco Municipal Trust
VKQ
51 hedge funds and large institutions have $45.2M invested in Invesco Municipal Trust in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 8 closing their positions.
54% more capital invested
Capital invested by funds: $29.4M → $45.2M (+$15.9M)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
9% more funds holding
Funds holding: 47 → 51 (+4)
2.8% more ownership
Funds ownership: 4.2% → 7% (+2.8%)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$12.9M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.11M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.1M |
| 4 |
Morgan Stanley
New York
|
+$1.27M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$5.01M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$806K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$515K |
| 4 |
Bank of New York Mellon
New York
|
-$474K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$285K |
VKQ Hedge Fund Activity: Q3 2013 in Review
51 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q3 2013, worth a combined $45.2M — up 54% from $29.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new VKQ positions and 8 closed out — a net gain of 4 holders — while 13 added to existing stakes and 13 trimmed.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $12.9M. The largest seller was Guggenheim Capital, cutting an estimated $5.01M.
- 51 institutional investors held Invesco Municipal Trust (VKQ) as of Q3 2013, up from 47 in Q2 2013.
- Funds reported $45.2M of Invesco Municipal Trust stock for Q3 2013, up 54% quarter-over-quarter.
- 12 funds opened new Invesco Municipal Trust positions in Q3 2013 and 8 closed out, a net change of +4 holders.
- The largest Invesco Municipal Trust buyer in Q3 2013 was Fir Tree Capital Management, an estimated $12.9M added.
- The largest Invesco Municipal Trust seller in Q3 2013 was Guggenheim Capital, an estimated $5.01M sold.
Based on aggregated 13F filings for Q3 2013.