Invesco Municipal Trust
VKQ
62 hedge funds and large institutions have $75.5M invested in Invesco Municipal Trust in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 9 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.3% less ownership
Funds ownership: 11.11% → 9.81% (-1.3%)
10% less funds holding
Funds holding: 69 → 62 (-7)
13% less capital invested
Capital invested by funds: $87.1M → $75.5M (-$11.7M)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$1.46M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$713K |
| 3 |
Cohen & Steers
New York
|
+$704K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$436K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$5.09M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$2.84M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.7M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$940K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$879K |
VKQ Hedge Fund Activity: Q3 2016 in Review
62 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q3 2016, worth a combined $75.5M — down 13% from $87.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of VKQ and 3 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 24 added.
The largest buyer was Accuvest Global Advisors, adding an estimated $1.46M. The largest seller was Mackay Shields LLC, cutting an estimated $5.09M.
- 62 institutional investors held Invesco Municipal Trust (VKQ) as of Q3 2016, down from 69 in Q2 2016.
- Funds reported $75.5M of Invesco Municipal Trust stock for Q3 2016, down 13% quarter-over-quarter.
- 3 funds opened new Invesco Municipal Trust positions in Q3 2016 and 9 closed out, a net change of -6 holders.
- The largest Invesco Municipal Trust buyer in Q3 2016 was Accuvest Global Advisors, an estimated $1.46M added.
- The largest Invesco Municipal Trust seller in Q3 2016 was Mackay Shields LLC, an estimated $5.09M sold.
Based on aggregated 13F filings for Q3 2016.