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Invesco Municipal Trust

83 hedge funds and large institutions have $111M invested in Invesco Municipal Trust in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 27 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more capital invested

Capital invested by funds: $101M → $111M (+$10.1M)

0.28% more ownership

Funds ownership: 16.4%16.68% (+0.28%)

7% less funds holding

Funds holding: 8983 (-6)

22% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 27

45% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 11

Holders
83
Holders Change
-6
Holders Change %
-6.74%
% of All Funds
1.8%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
21
Reduced
27
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BI
1
Bramshill Investments
Florida
$24.3M +$9.13M +774,689 +62%
UBS Group
2
UBS Group
Switzerland
$15.8M +$1.15M +97,658 +8%
PPA
3
Parametric Portfolio Associates
Washington
$10.5M +$3.86M +327,246 +60%
SIA
4
Sit Investment Associates
Minnesota
$8.37M +$321K +27,200 +4%
Wells Fargo
5
Wells Fargo
California
$6.04M +$552K +46,812 +10%
Morgan Stanley
6
Morgan Stanley
New York
$5.65M +$62.7K +5,321 +1%
GC
7
Guggenheim Capital
Illinois
$4.13M -$60.2K -5,109 -1%
Bank of America
8
Bank of America
North Carolina
$3.32M -$35.8K -3,038 -1%
HighTower Advisors
9
HighTower Advisors
Illinois
$2.74M +$1.81K +154 +0.1%
VanEck Associates
10
VanEck Associates
New York
$2.71M +$84.2K +7,142 +3%
JWA
11
JFS Wealth Advisors
Pennsylvania
$2.52M +$33K +2,801 +1%
Cohen & Steers
12
Cohen & Steers
New York
$2.44M +$148K +12,580 +7%
JP Morgan Chase
13
JP Morgan Chase
New York
$1.74M +$1.7M +144,329 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$1.43M -$113K -9,610 -8%
VCM
15
Vivaldi Capital Management
Illinois
$1.37M +$159K +13,477 +13%
TCM
16
Tradewinds Capital Management
Washington
$1.3M
KIM
17
Karpus Investment Management
New York
$1.21M -$7.46M -632,683 -86%
Ameriprise
18
Ameriprise
Minnesota
$903K +$204K +17,340 +30%
RJA
19
Raymond James & Associates
Florida
$894K -$1.53K -130 -0.2%
N
20
Nuveen
North Carolina
$803K
SMC
21
Smith, Moore & Co
Missouri
$802K +$385K +32,677 +96%
PCP
22
Proficio Capital Partners
Massachusetts
$676K +$661K +56,109 New
IWA
23
IBEX Wealth Advisors
New Jersey
$658K +$643K +54,585 New
First Trust Advisors
24
First Trust Advisors
Illinois
$644K +$64.5K +5,475 +11%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$633K -$23.6K -2,000 -4%

VKQ Hedge Fund Activity: Q1 2019 in Review

83 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q1 2019, worth a combined $111M — up 10% from $101M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of VKQ and 6 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 21 added.

The largest buyer was Bramshill Investments, adding an estimated $9.13M. The largest seller was Karpus Investment Management, cutting an estimated $7.46M.

  • 83 institutional investors held Invesco Municipal Trust (VKQ) as of Q1 2019, down from 89 in Q4 2018.
  • Funds reported $111M of Invesco Municipal Trust stock for Q1 2019, up 10% quarter-over-quarter.
  • 6 funds opened new Invesco Municipal Trust positions in Q1 2019 and 11 closed out, a net change of -5 holders.
  • The largest Invesco Municipal Trust buyer in Q1 2019 was Bramshill Investments, an estimated $9.13M added.
  • The largest Invesco Municipal Trust seller in Q1 2019 was Karpus Investment Management, an estimated $7.46M sold.

Based on aggregated 13F filings for Q1 2019.