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Invesco Municipal Trust

87 hedge funds and large institutions have $80.5M invested in Invesco Municipal Trust in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 15

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

10% more capital invested

Capital invested by funds: $73.3M → $80.5M (+$7.17M)

2% more funds holding

Funds holding: 8587 (+2)

0.88% more ownership

Funds ownership: 11.22%12.11% (+0.88%)

Holders
87
Holders Change
+2
Holders Change %
+2.35%
% of All Funds
1.99%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
22
Reduced
15
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$11.1M +$1.88M +159,777 +20%
SIA
2
Sit Investment Associates
Minnesota
$8.04M +$69.3K +5,900 +0.9%
Wells Fargo
3
Wells Fargo
California
$5.75M -$647K -55,056 -10%
RCM
4
Robinson Capital Management
Michigan
$5.56M -$119K -10,166 -2%
GC
5
Guggenheim Capital
Illinois
$4.57M +$1.08M +91,810 +31%
PPA
6
Parametric Portfolio Associates
Washington
$4.38M +$1.84M +156,376 +73%
Morgan Stanley
7
Morgan Stanley
New York
$4.34M +$221K +18,847 +5%
Bank of America
8
Bank of America
North Carolina
$3.28M -$8.85K -753 -0.3%
KIM
9
Karpus Investment Management
New York
$2.39M +$626K +53,225 +35%
JWA
10
JFS Wealth Advisors
Pennsylvania
$2.36M +$33.3K +2,836 +1%
LCM
11
Laurion Capital Management
New York
$2.29M +$2.27M +193,571 New
VanEck Associates
12
VanEck Associates
New York
$2.25M +$270K +22,985 +14%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$2.01M +$113K +9,644 +6%
AAM
14
Advisors Asset Management
Colorado
$1.75M -$1.74M -148,468 -50%
CWM
15
Cornerstone Wealth Management
Missouri
$1.67M +$231K +19,692 New
Cohen & Steers
16
Cohen & Steers
New York
$1.54M
TCM
17
Tradewinds Capital Management
Washington
$1.39M +$12.9K +1,100 +0.9%
RJA
18
Raymond James & Associates
Florida
$1.02M +$136K +11,570 +16%
First Trust Advisors
19
First Trust Advisors
Illinois
$983K +$1.99K +169 +0.2%
VCM
20
Vivaldi Capital Management
Illinois
$939K +$33.8K +2,879 +4%
6M
21
6 Meridian
Kansas
$867K +$51K +4,337 +6%
N
22
Nuveen
North Carolina
$679K
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$612K +$103K +8,766 +20%
BF
24
BOK Financial
Oklahoma
$585K
CIA
25
Capital Investment Advisors
Georgia
$526K -$9.99K -850 -2%

VKQ Hedge Fund Activity: Q2 2018 in Review

87 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q2 2018, worth a combined $80.5M — up 9.8% from $73.3M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new VKQ positions and 8 closed out — a net gain of 2 holders — while 22 added to existing stakes and 15 trimmed.

The largest buyer was Laurion Capital Management, opening a new position worth an estimated $2.27M. The largest seller was Advisors Asset Management, cutting an estimated $1.74M.

  • 87 institutional investors held Invesco Municipal Trust (VKQ) as of Q2 2018, up from 85 in Q1 2018.
  • Funds reported $80.5M of Invesco Municipal Trust stock for Q2 2018, up 9.8% quarter-over-quarter.
  • 10 funds opened new Invesco Municipal Trust positions in Q2 2018 and 8 closed out, a net change of +2 holders.
  • The largest Invesco Municipal Trust buyer in Q2 2018 was Laurion Capital Management, an estimated $2.27M added.
  • The largest Invesco Municipal Trust seller in Q2 2018 was Advisors Asset Management, an estimated $1.74M sold.

Based on aggregated 13F filings for Q2 2018.