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Invesco Municipal Trust

69 hedge funds and large institutions have $87.1M invested in Invesco Municipal Trust in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 6

11% more funds holding

Funds holding: 6269 (+7)

5% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 19

3.57% less ownership

Funds ownership: 14.69%11.11% (-3.6%)

19% less capital invested

Capital invested by funds: $108M → $87.1M (-$20.8M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
69
Holders Change
+7
Holders Change %
+11.29%
% of All Funds
1.84%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
13
Increased
18
Reduced
19
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$12M -$730K -53,676 -6%
AAM
2
Advisors Asset Management
Colorado
$7.23M +$976K +71,759 +16%
NVIM
3
New Vernon Investment Management
Illinois
$6.24M -$885K -65,117 -13%
Wells Fargo
4
Wells Fargo
California
$5.81M +$1.45M +106,661 +35%
MSL
5
Mackay Shields LLC
New York
$5.54M
Fiera Capital (Canada)
6
Fiera Capital (Canada)
Quebec, Canada
$5.09M -$14.8K -1,089 -0.3%
SIA
7
Sit Investment Associates
Minnesota
$5.07M +$884K +65,000 +22%
Morgan Stanley
8
Morgan Stanley
New York
$4.5M +$350K +25,742 +9%
Bank of America
9
Bank of America
North Carolina
$3.86M -$65.7K -4,832 -2%
UBS Group
10
UBS Group
Switzerland
$3.37M +$691K +50,802 +27%
KIM
11
Karpus Investment Management
New York
$3.36M -$17.9M -1,313,286 -85%
YMRC
12
Yorktown Management & Research Company
Virginia
$2.84M
VanEck Associates
13
VanEck Associates
New York
$2.21M +$298K +21,894 +16%
JWA
14
JFS Wealth Advisors
Pennsylvania
$1.94M +$18.4K +1,351 +1%
TCM
15
Tradewinds Capital Management
Washington
$1.64M -$35.7K -2,627 -2%
AGA
16
Accuvest Global Advisors
Utah
$1.34M +$1.28M +94,495 New
RCM
17
Robinson Capital Management
Michigan
$1.13M -$3.28M -241,117 -75%
LPL Financial
18
LPL Financial
California
$1.08M -$487K -35,843 -32%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$1.05M +$39.4K +2,894 +4%
IH
20
IFC Holdings
Florida
$877K +$36.9K +2,713 +5%
PCP
21
Proficio Capital Partners
Massachusetts
$860K +$36.6K +2,688 +5%
N
22
Nuveen
North Carolina
$817K +$782K +57,474 New
First Trust Advisors
23
First Trust Advisors
Illinois
$657K +$33.3K +2,450 +6%
PAG
24
Private Advisor Group
New Jersey
$586K +$308K +22,648 +151%
RJA
25
Raymond James & Associates
Florida
$547K -$21.5K -1,580 -4%

VKQ Hedge Fund Activity: Q2 2016 in Review

69 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q2 2016, worth a combined $87.1M — down 19% from $108M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new VKQ positions and 6 closed out — a net gain of 7 holders — while 18 added to existing stakes and 19 trimmed.

The largest buyer was Wells Fargo, adding an estimated $1.45M. The largest seller was Karpus Investment Management, cutting an estimated $17.9M.

  • 69 institutional investors held Invesco Municipal Trust (VKQ) as of Q2 2016, up from 62 in Q1 2016.
  • Funds reported $87.1M of Invesco Municipal Trust stock for Q2 2016, down 19% quarter-over-quarter.
  • 13 funds opened new Invesco Municipal Trust positions in Q2 2016 and 6 closed out, a net change of +7 holders.
  • The largest Invesco Municipal Trust buyer in Q2 2016 was Wells Fargo, an estimated $1.45M added.
  • The largest Invesco Municipal Trust seller in Q2 2016 was Karpus Investment Management, an estimated $17.9M sold.

Based on aggregated 13F filings for Q2 2016.