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Invesco Municipal Trust

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.

New
Increased
Maintained
Reduced
Closed

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: 7170 (-1)

Holders
70
Holders Change
-1
Holders Change %
-1.41%
% of All Funds
1.74%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
25
Reduced
16
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$8.43M +$124K +9,931 +1%
SIA
2
Sit Investment Associates
Minnesota
$6.58M +$161K +12,900 +3%
Fiera Capital (Canada)
3
Fiera Capital (Canada)
Quebec, Canada
$6.2M -$574K -45,951 -8%
Wells Fargo
4
Wells Fargo
California
$5.76M +$221K +17,685 +4%
AAM
5
Advisors Asset Management
Colorado
$5.34M -$954K -76,361 -15%
LCM
6
Laurion Capital Management
New York
$4.46M +$3.43M +274,437 +339%
UBS Group
7
UBS Group
Switzerland
$3.98M +$89.6K +7,176 +2%
RCM
8
Rivernorth Capital Management
Florida
$3.38M -$2.78M -222,963 -45%
Morgan Stanley
9
Morgan Stanley
New York
$3.37M -$430K -34,466 -11%
Bank of America
10
Bank of America
North Carolina
$3.35M -$1.4M -112,432 -30%
KIM
11
Karpus Investment Management
New York
$2.48M -$321K -25,687 -12%
JWA
12
JFS Wealth Advisors
Pennsylvania
$2.28M
VanEck Associates
13
VanEck Associates
New York
$1.64M +$92.2K +7,387 +6%
TCM
14
Tradewinds Capital Management
Washington
$1.56M
AGA
15
Accuvest Global Advisors
Utah
$1.33M +$257K +20,585 +24%
Cohen & Steers
16
Cohen & Steers
New York
$1.26M
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$1.23M +$864K +69,193 +239%
RCM
18
Robinson Capital Management
Michigan
$1.19M +$133K +10,654 +13%
ACS
19
Archford Capital Strategies
Illinois
$1.12M +$396K +31,708 +1,404%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$1.09M +$35.2K +2,820 +3%
LPL Financial
21
LPL Financial
California
$1.09M -$38.1K -3,049 -3%
Invesco
22
Invesco
Georgia
$955K +$20.8K +1,667 +2%
LCM
23
Landscape Capital Management
New Jersey
$913K
RJA
24
Raymond James & Associates
Florida
$895K +$213K +17,045 +31%
IH
25
IFC Holdings
Florida
$868K +$80.6K +6,457 +10%

VKQ Hedge Fund Activity: Q1 2017 in Review

70 of the 4,017 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.