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Invesco Municipal Trust

68 hedge funds and large institutions have $70.5M invested in Invesco Municipal Trust in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 16 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 16

1.79% less ownership

Funds ownership: 11.75%9.97% (-1.8%)

3% less funds holding

Funds holding: 7068 (-2)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

14% less capital invested

Capital invested by funds: $82.4M → $70.5M (-$11.8M)

Holders
68
Holders Change
-2
Holders Change %
-2.86%
% of All Funds
1.7%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
30
Reduced
16
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$7.63M +$1.71M +134,520 +29%
GC
2
Guggenheim Capital
Illinois
$6.82M -$1.79M -141,139 -21%
SIA
3
Sit Investment Associates
Minnesota
$6.64M -$96.5K -7,600 -1%
AAM
4
Advisors Asset Management
Colorado
$5.5M +$27.5K +2,167 +0.5%
UBS Group
5
UBS Group
Switzerland
$4.52M +$438K +34,493 +11%
Morgan Stanley
6
Morgan Stanley
New York
$3.74M +$286K +22,506 +8%
Bank of America
7
Bank of America
North Carolina
$3.42M -$11.8K -933 -0.3%
JWA
8
JFS Wealth Advisors
Pennsylvania
$2.42M +$31.9K +2,512 +1%
Fiera Capital (Canada)
9
Fiera Capital (Canada)
Quebec, Canada
$2.16M -$4.15M -327,015 -66%
RCM
10
Robinson Capital Management
Michigan
$2M +$771K +60,724 +64%
VanEck Associates
11
VanEck Associates
New York
$1.92M +$243K +19,146 +15%
Cohen & Steers
12
Cohen & Steers
New York
$1.67M +$375K +29,560 +29%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$1.67M +$409K +32,176 +33%
TCM
14
Tradewinds Capital Management
Washington
$1.59M -$10.8K -850 -0.7%
AGA
15
Accuvest Global Advisors
Utah
$1.57M +$202K +15,920 +15%
IWA
16
IBEX Wealth Advisors
New Jersey
$1.35M +$1.33M +104,862 New
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$1.1M -$15.8K -1,242 -1%
RJA
18
Raymond James & Associates
Florida
$973K +$56.1K +4,420 +6%
First Trust Advisors
19
First Trust Advisors
Illinois
$949K +$77.1K +6,071 +9%
Invesco
20
Invesco
Georgia
$940K -$37.8K -2,978 -4%
IH
21
IFC Holdings
Florida
$916K +$29.3K +2,304 +3%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$788K +$5.36K +422 +0.7%
N
23
Nuveen
North Carolina
$733K
Northwestern Mutual Wealth Management
24
Northwestern Mutual Wealth Management
Wisconsin
$698K +$5.74K +452 +0.8%
CAN
25
Cetera Advisor Networks
California
$643K +$11.6K +912 +2%

VKQ Hedge Fund Activity: Q2 2017 in Review

68 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q2 2017, worth a combined $70.5M — down 14% from $82.4M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of VKQ and 7 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 30 added.

The largest buyer was Wells Fargo, adding an estimated $1.71M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $4.46M sold.

  • 68 institutional investors held Invesco Municipal Trust (VKQ) as of Q2 2017, down from 70 in Q1 2017.
  • Funds reported $70.5M of Invesco Municipal Trust stock for Q2 2017, down 14% quarter-over-quarter.
  • 7 funds opened new Invesco Municipal Trust positions in Q2 2017 and 8 closed out, a net change of -1 holder.
  • The largest Invesco Municipal Trust buyer in Q2 2017 was Wells Fargo, an estimated $1.71M added.
  • The largest Invesco Municipal Trust seller in Q2 2017 was Laurion Capital Management, an estimated $4.46M sold.

Based on aggregated 13F filings for Q2 2017.