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Invesco Municipal Trust

92 hedge funds and large institutions have $183M invested in Invesco Municipal Trust in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 23 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 23

3% more capital invested

Capital invested by funds: $178M → $183M (+$4.62M)

0.32% more ownership

Funds ownership: 33.77%34.09% (+0.32%)

6% less funds holding

Funds holding: 9892 (-6)

25% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 20

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
92
Holders Change
-6
Holders Change %
-6.12%
% of All Funds
1.33%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
30
Reduced
23
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$26.2M +$5.99M +628,699 +30%
SCM
2
Saba Capital Management
New York
$24.4M +$24M +2,514,208 New
SIA
3
Sit Investment Associates
Minnesota
$18.1M +$302K +31,663 +2%
RCM
4
Rivernorth Capital Management
Florida
$16.4M
GC
5
Guggenheim Capital
Illinois
$9.87M +$813K +85,281 +9%
UBS Group
6
UBS Group
Switzerland
$8.72M +$23.9K +2,511 +0.3%
Fiera Capital (Canada)
7
Fiera Capital (Canada)
Quebec, Canada
$7.98M -$2.2M -230,683 -22%
LSC
8
Logan Stone Capital
Illinois
$7.16M +$979K +102,651 +16%
Morgan Stanley
9
Morgan Stanley
New York
$6.03M -$5.73M -600,821 -49%
RCM
10
Robinson Capital Management
Michigan
$5.77M +$948K +99,443 +19%
VanEck Associates
11
VanEck Associates
New York
$4.28M +$218K +22,902 +5%
AA
12
AQR Arbitrage
Connecticut
$4.19M -$4.31K -452 -0.1%
Pathstone Holdings
13
Pathstone Holdings
New Jersey
$3.26M -$143K -15,045 -4%
LPL Financial
14
LPL Financial
California
$3.16M -$2.98K -313 -0.1%
HWAM
15
Hennion & Walsh Asset Management
New Jersey
$2.86M +$187K +19,600 +7%
Wells Fargo
16
Wells Fargo
California
$2.65M -$36.4K -3,815 -1%
RC
17
Rareview Capital
Nevada
$2.1M -$70.8K -7,423 -3%
AAM
18
Advisors Asset Management
Colorado
$1.71M +$813K +85,239 +93%
CIA
19
Capital Investment Advisors
Georgia
$1.65M +$109K +11,450 +7%
LCM
20
Landscape Capital Management
New Jersey
$1.54M +$29.3K +3,071 +2%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$1.5M +$37.7K +3,956 +3%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$1.46M +$44.9K +4,713 +3%
Bank of America
23
Bank of America
North Carolina
$1.37M -$37.7K -3,960 -3%
BlackRock
24
BlackRock
New York
$1.18M
Rockefeller Capital Management
25
Rockefeller Capital Management
New York
$1.15M -$230K -24,173 -17%

VKQ Hedge Fund Activity: Q1 2024 in Review

92 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Trust (VKQ) for Q1 2024, worth a combined $183M — up 2.6% from $178M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of VKQ and 15 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 30 added.

The largest buyer was Saba Capital Management, opening a new position worth an estimated $24M. The largest seller was Bramshill Investments, exiting entirely with an estimated $25M sold.

  • 92 institutional investors held Invesco Municipal Trust (VKQ) as of Q1 2024, down from 98 in Q4 2023.
  • Funds reported $183M of Invesco Municipal Trust stock for Q1 2024, up 2.6% quarter-over-quarter.
  • 15 funds opened new Invesco Municipal Trust positions in Q1 2024 and 20 closed out, a net change of -5 holders.
  • The largest Invesco Municipal Trust buyer in Q1 2024 was Saba Capital Management, an estimated $24M added.
  • The largest Invesco Municipal Trust seller in Q1 2024 was Bramshill Investments, an estimated $25M sold.

Based on aggregated 13F filings for Q1 2024.