Invesco Municipal Trust
VKQ
52 hedge funds and large institutions have $97.9M invested in Invesco Municipal Trust in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 7 closing their positions.
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
9% more capital invested
Capital invested by funds: $89.6M → $97.9M (+$8.35M)
0.76% more ownership
Funds ownership: 13.37% → 14.14% (+0.76%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 54 → 52 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.15M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.11M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$920K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$598K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$382K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gruss Capital Management
New York
|
-$974K |
| 2 |
MPEM
Marathon Partners Equity Management
New York
|
-$762K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$569K |
| 4 |
Morgan Stanley
New York
|
-$210K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$134K |
VKQ Hedge Fund Activity: Q2 2014 in Review
52 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q2 2014, worth a combined $97.9M — up 9.3% from $89.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of VKQ and 5 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 19 added.
The largest buyer was Karpus Investment Management, adding an estimated $3.15M. The largest seller was Gruss Capital Management, exiting entirely with an estimated $974K sold.
- 52 institutional investors held Invesco Municipal Trust (VKQ) as of Q2 2014, down from 54 in Q1 2014.
- Funds reported $97.9M of Invesco Municipal Trust stock for Q2 2014, up 9.3% quarter-over-quarter.
- 5 funds opened new Invesco Municipal Trust positions in Q2 2014 and 7 closed out, a net change of -2 holders.
- The largest Invesco Municipal Trust buyer in Q2 2014 was Karpus Investment Management, an estimated $3.15M added.
- The largest Invesco Municipal Trust seller in Q2 2014 was Gruss Capital Management, an estimated $974K sold.
Based on aggregated 13F filings for Q2 2014.