Invesco Municipal Trust
VKQ
68 hedge funds and large institutions have $71.5M 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.
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: 70 → 68 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
13% less capital invested
Capital invested by funds: $82.4M → $71.5M (-$10.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.71M |
| 2 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
+$1.33M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$771K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$576K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$438K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$4.46M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.15M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.38M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.48M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.79M |
VKQ Hedge Fund Activity: Q2 2017 in Review
68 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q2 2017, worth a combined $71.5M — down 13% 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 $71.5M of Invesco Municipal Trust stock for Q2 2017, down 13% 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.