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Invesco Municipal Trust

85 hedge funds and large institutions have $73.3M invested in Invesco Municipal Trust in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 20

1.11% more ownership

Funds ownership: 10.12%11.22% (+1.1%)

4% more capital invested

Capital invested by funds: $70.7M → $73.3M (+$2.65M)

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

1% less funds holding

Funds holding: 8685 (-1)

Holders
85
Holders Change
-1
Holders Change %
-1.16%
% of All Funds
1.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
25
Reduced
20
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$9.12M +$4.35M +363,088 +87%
SIA
2
Sit Investment Associates
Minnesota
$7.88M +$1.11M +92,241 +16%
Wells Fargo
3
Wells Fargo
California
$6.33M +$253K +21,115 +4%
RCM
4
Robinson Capital Management
Michigan
$5.62M +$1.36M +113,291 +31%
Morgan Stanley
5
Morgan Stanley
New York
$4.08M +$31.7K +2,642 +0.8%
AAM
6
Advisors Asset Management
Colorado
$3.5M -$381K -31,810 -10%
GC
7
Guggenheim Capital
Illinois
$3.44M +$385K +32,118 +12%
Bank of America
8
Bank of America
North Carolina
$3.26M +$492K +41,001 +17%
PPA
9
Parametric Portfolio Associates
Washington
$2.51M +$222K +18,545 +9%
JWA
10
JFS Wealth Advisors
Pennsylvania
$2.3M +$29.4K +2,453 +1%
VanEck Associates
11
VanEck Associates
New York
$1.95M -$17.6K -1,465 -0.9%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$1.87M -$3.02K -252 -0.2%
KIM
13
Karpus Investment Management
New York
$1.76M +$1.28M +106,917 +246%
Cohen & Steers
14
Cohen & Steers
New York
$1.52M
TCM
15
Tradewinds Capital Management
Washington
$1.36M +$39.1K +3,257 +3%
First Trust Advisors
16
First Trust Advisors
Illinois
$970K +$93K +7,760 +10%
VCM
17
Vivaldi Capital Management
Illinois
$895K +$367K +30,589 +67%
RJA
18
Raymond James & Associates
Florida
$871K -$91.3K -7,612 -9%
6M
19
6 Meridian
Kansas
$807K +$158K +13,199 +24%
KF
20
Krilogy Financial
Missouri
$783K
LPL Financial
21
LPL Financial
California
$766K +$463K +38,594 +143%
LCM
22
Landscape Capital Management
New Jersey
$759K +$542K +45,225 +229%
N
23
Nuveen
North Carolina
$672K
BF
24
BOK Financial
Oklahoma
$579K -$6K -500 -1%
CIA
25
Capital Investment Advisors
Georgia
$530K +$7.99K +666 +1%

VKQ Hedge Fund Activity: Q1 2018 in Review

85 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q1 2018, worth a combined $73.3M — up 3.8% from $70.7M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of VKQ and 13 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 25 added.

The largest buyer was UBS Group, adding an estimated $4.35M. The largest seller was Invesco, exiting entirely with an estimated $721K sold.

  • 85 institutional investors held Invesco Municipal Trust (VKQ) as of Q1 2018, down from 86 in Q4 2017.
  • Funds reported $73.3M of Invesco Municipal Trust stock for Q1 2018, up 3.8% quarter-over-quarter.
  • 13 funds opened new Invesco Municipal Trust positions in Q1 2018 and 14 closed out, a net change of -1 holder.
  • The largest Invesco Municipal Trust buyer in Q1 2018 was UBS Group, an estimated $4.35M added.
  • The largest Invesco Municipal Trust seller in Q1 2018 was Invesco, an estimated $721K sold.

Based on aggregated 13F filings for Q1 2018.