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Invesco Municipal Trust

61 hedge funds and large institutions have $110M invested in Invesco Municipal Trust in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 10 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 10

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

3% more funds holding

Funds holding: 5961 (+2)

1.22% more ownership

Funds ownership: 15.26%16.48% (+1.2%)

1% less capital invested

Capital invested by funds: $111M → $110M (-$1.48M)

Holders
61
Holders Change
+2
Holders Change %
+3.39%
% of All Funds
1.64%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
8
Increased
24
Reduced
10
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$33.9M +$2.23M +180,225 +7%
RCM
2
Rivernorth Capital Management
Florida
$12.3M
MSL
3
Mackay Shields LLC
New York
$7.44M
GC
4
Guggenheim Capital
Illinois
$6.13M +$1.63M +132,082 +35%
NVIM
5
New Vernon Investment Management
Illinois
$6.06M
Morgan Stanley
6
Morgan Stanley
New York
$6.01M +$411K +33,240 +7%
AAM
7
Advisors Asset Management
Colorado
$4.87M +$508K +41,046 +11%
Bank of America
8
Bank of America
North Carolina
$4.59M -$616K -49,785 -12%
PPA
9
Parametric Portfolio Associates
Washington
$2.82M +$447K +36,140 +18%
SIA
10
Sit Investment Associates
Minnesota
$2.54M +$1.65M +133,437 +170%
GEM
11
Global Endowment Management
North Carolina
$1.93M
LSA
12
Liberty Street Advisors
New York
$1.77M +$686K +55,418 +60%
UBS Group
13
UBS Group
Switzerland
$1.77M +$387K +31,295 +27%
JWA
14
JFS Wealth Advisors
Pennsylvania
$1.54M +$72.2K +5,835 +5%
Wells Fargo
15
Wells Fargo
California
$1.46M -$109K -8,800 -7%
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$1.42M -$56.9K -4,600 -4%
TCM
17
Tradewinds Capital Management
Washington
$1.07M +$89.7K +7,250 +9%
VanEck Associates
18
VanEck Associates
New York
$978K +$115K +9,264 +13%
LPL Financial
19
LPL Financial
California
$883K +$13.9K +1,125 +2%
AA
20
AQR Arbitrage
Connecticut
$786K -$162K -13,052 -17%
First Trust Advisors
21
First Trust Advisors
Illinois
$682K -$5.8K -469 -0.8%
LCM
22
Landscape Capital Management
New Jersey
$674K +$492K +39,713 +243%
IH
23
IFC Holdings
Florida
$624K +$12.7K +1,025 +2%
NCM
24
Newgate Capital Management
Connecticut
$616K +$638K +51,535 New
RJA
25
Raymond James & Associates
Florida
$516K +$1.66K +134 +0.3%

VKQ Hedge Fund Activity: Q2 2015 in Review

61 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q2 2015, worth a combined $110M — down 1.3% from $111M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new VKQ positions and 5 closed out — a net gain of 3 holders — while 24 added to existing stakes and 10 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $2.23M. The largest seller was Bank of America, cutting an estimated $616K.

  • 61 institutional investors held Invesco Municipal Trust (VKQ) as of Q2 2015, up from 59 in Q1 2015.
  • Funds reported $110M of Invesco Municipal Trust stock for Q2 2015, down 1.3% quarter-over-quarter.
  • 8 funds opened new Invesco Municipal Trust positions in Q2 2015 and 5 closed out, a net change of +3 holders.
  • The largest Invesco Municipal Trust buyer in Q2 2015 was Karpus Investment Management, an estimated $2.23M added.
  • The largest Invesco Municipal Trust seller in Q2 2015 was Bank of America, an estimated $616K sold.

Based on aggregated 13F filings for Q2 2015.