Invesco High Income Trust II
25 hedge funds and large institutions have $12.4M invested in Invesco High Income Trust II in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 4 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
56% more capital invested
Capital invested by funds: $7.95M → $12.4M (+$4.48M)
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
4% more funds holding
Funds holding: 24 → 25 (+1)
3.37% more ownership
Funds ownership: 6.15% → 9.53% (+3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.65M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$813K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$788K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$408K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$396K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$159K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$115K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$32K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$6.37K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Ameriprise
Minneapolis,
Minnesota
| – | -$115K | -7,245 | Closed |
|
|
27
Creative Planning
Overland Park,
Kansas
| – | -$32K | -2,000 | Closed |
|
|
28
Wells Fargo
San Francisco,
California
| – | -$5.12K | -321 | -100% |
|
VLT Hedge Fund Activity: Q4 2013 in Review
25 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q4 2013, worth a combined $12.4M — up 56% from $7.95M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new VLT positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $1.65M. The largest seller was Silver Point Capital, exiting entirely with an estimated $159K sold.
- 25 institutional investors held Invesco High Income Trust II (VLT) as of Q4 2013, up from 24 in Q3 2013.
- Funds reported $12.4M of Invesco High Income Trust II stock for Q4 2013, up 56% quarter-over-quarter.
- 5 funds opened new Invesco High Income Trust II positions in Q4 2013 and 4 closed out, a net change of +1 holder.
- The largest Invesco High Income Trust II buyer in Q4 2013 was Saba Capital Management, an estimated $1.65M added.
- The largest Invesco High Income Trust II seller in Q4 2013 was Silver Point Capital, an estimated $159K sold.
Based on aggregated 13F filings for Q4 2013.