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Invesco Municipal Trust

92 hedge funds and large institutions have $143M invested in Invesco Municipal Trust in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 19 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 19

50% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 10

22% more capital invested

Capital invested by funds: $117M → $143M (+$25.6M)

3% more funds holding

Funds holding: 8992 (+3)

2.95% more ownership

Funds ownership: 23.18%26.14% (+3%)

Holders
92
Holders Change
+3
Holders Change %
+3.37%
% of All Funds
1.48%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
32
Reduced
19
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$30.1M +$22.3M +2,390,153 +368%
SIA
2
Sit Investment Associates
Minnesota
$18.9M +$3.23M +346,735 +22%
BI
3
Bramshill Investments
Florida
$17.5M +$773K +82,878 +5%
GC
4
Guggenheim Capital
Illinois
$12.6M -$1.06M -113,383 -8%
Morgan Stanley
5
Morgan Stanley
New York
$12.5M +$2.4M +257,602 +26%
UBS Group
6
UBS Group
Switzerland
$12M -$1M -107,708 -8%
Bank of America
7
Bank of America
North Carolina
$3.12M +$115K +12,286 +4%
Wells Fargo
8
Wells Fargo
California
$3.06M -$443K -47,533 -13%
VanEck Associates
9
VanEck Associates
New York
$3.02M +$216K +23,188 +8%
JWA
10
JFS Wealth Advisors
Pennsylvania
$2.51M +$1.21K +130 +0.1%
BlackRock
11
BlackRock
New York
$2.42M
RCM
12
Robinson Capital Management
Michigan
$1.85M +$1,000K +107,234 +133%
AA
13
AQR Arbitrage
Connecticut
$1.42M +$360K +38,563 +37%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$1.15M +$159K +17,080 +17%
HighTower Advisors
15
HighTower Advisors
Illinois
$1.08M +$632K +67,825 +164%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$976K -$169K -18,084 -16%
CIA
17
Capital Investment Advisors
Georgia
$968K +$397K +42,521 +77%
Invesco
18
Invesco
Georgia
$953K -$139K -14,929 -13%
DWM
19
Dakota Wealth Management
Florida
$940K +$652K +69,962 +280%
LSC
20
Logan Stone Capital
Illinois
$900K +$848K +90,891 New
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$898K -$36K -3,861 -4%
RJA
22
Raymond James & Associates
Florida
$869K +$110K +11,828 +16%
SMC
23
Smith, Moore & Co
Missouri
$809K +$15.7K +1,683 +2%
Ameriprise
24
Ameriprise
Minnesota
$758K -$76.3K -8,181 -10%
LPL Financial
25
LPL Financial
California
$695K +$176K +18,917 +37%

VKQ Hedge Fund Activity: Q4 2022 in Review

92 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q4 2022, worth a combined $143M — up 22% from $117M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new VKQ positions and 10 closed out — a net gain of 5 holders — while 32 added to existing stakes and 19 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $22.3M. The largest seller was Rivernorth Capital Management, cutting an estimated $15M.

  • 92 institutional investors held Invesco Municipal Trust (VKQ) as of Q4 2022, up from 89 in Q3 2022.
  • Funds reported $143M of Invesco Municipal Trust stock for Q4 2022, up 22% quarter-over-quarter.
  • 15 funds opened new Invesco Municipal Trust positions in Q4 2022 and 10 closed out, a net change of +5 holders.
  • The largest Invesco Municipal Trust buyer in Q4 2022 was Karpus Investment Management, an estimated $22.3M added.
  • The largest Invesco Municipal Trust seller in Q4 2022 was Rivernorth Capital Management, an estimated $15M sold.

Based on aggregated 13F filings for Q4 2022.