Invesco Municipal Trust
VKQ
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.
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: 89 → 83 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$9.13M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.86M |
| 3 |
JP Morgan Chase
New York
|
+$1.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.15M |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$661K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$7.46M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.79M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.62M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.24M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$969K |
VKQ Hedge Fund Activity: Q1 2019 in Review
83 of the 4,633 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.