Invesco Municipal Trust
VKQ
70 hedge funds and large institutions have $82.4M invested in Invesco Municipal Trust in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 16 reducing their positions, and 7 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 16
1% more capital invested
Capital invested by funds: $81.9M → $82.4M (+$476K)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0.42% less ownership
Funds ownership: 12.17% → 11.75% (-0.42%)
1% less funds holding
Funds holding: 71 → 70 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$3.43M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$864K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$486K |
| 4 |
ACS
Archford Capital Strategies
Swansea,
Illinois
|
+$396K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$303K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.78M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.4M |
| 3 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
-$1.23M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$954K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$597K |
VKQ Hedge Fund Activity: Q1 2017 in Review
70 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q1 2017, worth a combined $82.4M — up 0.58% from $81.9M a quarter earlier.
Fund positioning in VKQ was balanced in Q1 2017: 7 funds opened new positions, 7 closed out, 25 added to existing stakes and 16 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $3.43M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.78M.
- 70 institutional investors held Invesco Municipal Trust (VKQ) as of Q1 2017, down from 71 in Q4 2016.
- Funds reported $82.4M of Invesco Municipal Trust stock for Q1 2017, up 0.58% quarter-over-quarter.
- 7 funds opened new Invesco Municipal Trust positions in Q1 2017 and 7 closed out, a net change of 0 holders.
- The largest Invesco Municipal Trust buyer in Q1 2017 was Laurion Capital Management, an estimated $3.43M added.
- The largest Invesco Municipal Trust seller in Q1 2017 was Rivernorth Capital Management, an estimated $2.78M sold.
Based on aggregated 13F filings for Q1 2017.