Invesco Municipal Trust
VKQ
59 hedge funds and large institutions have $111M invested in Invesco Municipal Trust in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 9 reducing their positions, and 12 closing their positions.
144% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 9
4% more capital invested
Capital invested by funds: $107M → $111M (+$3.91M)
0.39% more ownership
Funds ownership: 14.88% → 15.26% (+0.39%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 63 → 59 (-4)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$7.95M |
| 2 |
Morgan Stanley
New York
|
+$1.19M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.02M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.01M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$10.9M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.6M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$517K |
| 4 |
SG Americas Securities
New York
|
-$418K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$399K |
VKQ Hedge Fund Activity: Q1 2015 in Review
59 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q1 2015, worth a combined $111M — up 3.7% from $107M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of VKQ and 9 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 22 added.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $7.95M. The largest seller was AllianceBernstein, exiting entirely with an estimated $10.9M sold.
- 59 institutional investors held Invesco Municipal Trust (VKQ) as of Q1 2015, down from 63 in Q4 2014.
- Funds reported $111M of Invesco Municipal Trust stock for Q1 2015, up 3.7% quarter-over-quarter.
- 9 funds opened new Invesco Municipal Trust positions in Q1 2015 and 12 closed out, a net change of -3 holders.
- The largest Invesco Municipal Trust buyer in Q1 2015 was Mackay Shields LLC, an estimated $7.95M added.
- The largest Invesco Municipal Trust seller in Q1 2015 was AllianceBernstein, an estimated $10.9M sold.
Based on aggregated 13F filings for Q1 2015.