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Invesco Municipal Trust

86 hedge funds and large institutions have $70.7M invested in Invesco Municipal Trust in 2017 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

188% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 8

21% more funds holding

Funds holding: 7186 (+15)

5% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 19

0% more capital invested

Capital invested by funds: $70.5M → $70.7M (+$202K)

0.25% more ownership

Funds ownership: 9.87%10.12% (+0.25%)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
86
Holders Change
+15
Holders Change %
+21.13%
% of All Funds
1.95%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
23
Increased
20
Reduced
19
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$7.28M +$869K +69,551 +14%
Wells Fargo
2
Wells Fargo
California
$6.51M -$1.04M -83,294 -14%
UBS Group
3
UBS Group
Switzerland
$5.21M +$713K +57,046 +16%
RCM
4
Robinson Capital Management
Michigan
$4.59M +$1.79M +142,950 +64%
Morgan Stanley
5
Morgan Stanley
New York
$4.33M +$384K +30,766 +10%
AAM
6
Advisors Asset Management
Colorado
$4.1M -$234K -18,762 -5%
GC
7
Guggenheim Capital
Illinois
$3.28M -$2.79M -223,578 -46%
Bank of America
8
Bank of America
North Carolina
$2.97M -$179K -14,361 -6%
PPA
9
Parametric Portfolio Associates
Washington
$2.45M +$714K +57,158 +41%
JWA
10
JFS Wealth Advisors
Pennsylvania
$2.43M +$34.1K +2,733 +1%
VanEck Associates
11
VanEck Associates
New York
$2.11M +$126K +10,111 +6%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$2M +$155K +12,415 +8%
Cohen & Steers
13
Cohen & Steers
New York
$1.63M
TCM
14
Tradewinds Capital Management
Washington
$1.41M -$135K -10,829 -9%
RJA
15
Raymond James & Associates
Florida
$1.03M +$33.7K +2,697 +3%
First Trust Advisors
16
First Trust Advisors
Illinois
$940K -$30.6K -2,447 -3%
IH
17
IFC Holdings
Florida
$864K -$72.1K -5,772 -8%
KF
18
Krilogy Financial
Missouri
$838K
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$832K -$250K -20,047 -23%
Invesco
20
Invesco
Georgia
$721K -$179K -14,355 -20%
N
21
Nuveen
North Carolina
$718K
6M
22
6 Meridian
Kansas
$698K +$697K +55,813 New
BF
23
BOK Financial
Oklahoma
$625K +$625K +50,000 New
BCM
24
BlueCrest Capital Management
Jersey
$579K +$578K +46,300 New
VCM
25
Vivaldi Capital Management
Illinois
$574K +$134K +10,691 +30%

VKQ Hedge Fund Activity: Q4 2017 in Review

86 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q4 2017, worth a combined $70.7M — up 0.29% from $70.5M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new VKQ positions and 8 closed out — a net gain of 15 holders — while 20 added to existing stakes and 19 trimmed.

The largest buyer was Robinson Capital Management, adding an estimated $1.79M. The largest seller was Guggenheim Capital, cutting an estimated $2.79M.

  • 86 institutional investors held Invesco Municipal Trust (VKQ) as of Q4 2017, up from 71 in Q3 2017.
  • Funds reported $70.7M of Invesco Municipal Trust stock for Q4 2017, up 0.29% quarter-over-quarter.
  • 23 funds opened new Invesco Municipal Trust positions in Q4 2017 and 8 closed out, a net change of +15 holders.
  • The largest Invesco Municipal Trust buyer in Q4 2017 was Robinson Capital Management, an estimated $1.79M added.
  • The largest Invesco Municipal Trust seller in Q4 2017 was Guggenheim Capital, an estimated $2.79M sold.

Based on aggregated 13F filings for Q4 2017.