Invesco Municipal Trust
VKQ
78 hedge funds and large institutions have $116M invested in Invesco Municipal Trust in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 13 reducing their positions, and 13 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 13
4% more capital invested
Capital invested by funds: $111M → $116M (+$4.61M)
0.4% more ownership
Funds ownership: 16.68% → 17.08% (+0.4%)
6% less funds holding
Funds holding: 83 → 78 (-5)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$5.26M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$855K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$837K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$655K |
| 5 |
VanEck Associates
New York
|
+$410K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.75M |
| 2 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$1.23M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.21M |
| 4 |
Cohen & Steers
New York
|
-$805K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$540K |
VKQ Hedge Fund Activity: Q2 2019 in Review
78 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q2 2019, worth a combined $116M — up 4.1% from $111M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of VKQ and 8 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 27 added.
The largest buyer was Bramshill Investments, adding an estimated $5.26M. The largest seller was JP Morgan Chase, cutting an estimated $1.75M.
- 78 institutional investors held Invesco Municipal Trust (VKQ) as of Q2 2019, down from 83 in Q1 2019.
- Funds reported $116M of Invesco Municipal Trust stock for Q2 2019, up 4.1% quarter-over-quarter.
- 8 funds opened new Invesco Municipal Trust positions in Q2 2019 and 13 closed out, a net change of -5 holders.
- The largest Invesco Municipal Trust buyer in Q2 2019 was Bramshill Investments, an estimated $5.26M added.
- The largest Invesco Municipal Trust seller in Q2 2019 was JP Morgan Chase, an estimated $1.75M sold.
Based on aggregated 13F filings for Q2 2019.