Invesco Municipal Trust
VKQ
71 hedge funds and large institutions have $70.5M invested in Invesco Municipal Trust in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
4% more funds holding
Funds holding: 68 → 71 (+3)
0.1% less ownership
Funds ownership: 9.97% → 9.87% (-0.1%)
1% less capital invested
Capital invested by funds: $71.5M → $70.5M (-$992K)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.79M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$1.01M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$887K |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$454K |
| 5 |
Morgan Stanley
New York
|
+$305K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.16M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.05M |
| 3 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$1.02M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$591K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$509K |
VKQ Hedge Fund Activity: Q3 2017 in Review
71 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q3 2017, worth a combined $70.5M — down 1.4% from $71.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new VKQ positions and 5 closed out — a net gain of 3 holders — while 20 added to existing stakes and 21 trimmed.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $1.79M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $2.16M sold.
- 71 institutional investors held Invesco Municipal Trust (VKQ) as of Q3 2017, up from 68 in Q2 2017.
- Funds reported $70.5M of Invesco Municipal Trust stock for Q3 2017, down 1.4% quarter-over-quarter.
- 8 funds opened new Invesco Municipal Trust positions in Q3 2017 and 5 closed out, a net change of +3 holders.
- The largest Invesco Municipal Trust buyer in Q3 2017 was Parametric Portfolio Associates, an estimated $1.79M added.
- The largest Invesco Municipal Trust seller in Q3 2017 was Fiera Capital (Canada), an estimated $2.16M sold.
Based on aggregated 13F filings for Q3 2017.