Invesco High Income Trust II
26 hedge funds and large institutions have $13.9M invested in Invesco High Income Trust II in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
12% more capital invested
Capital invested by funds: $12.4M → $13.9M (+$1.43M)
4% more funds holding
Funds holding: 25 → 26 (+1)
0.81% more ownership
Funds ownership: 9.53% → 10.34% (+0.81%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$968K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$758K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$289K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$219K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$868K |
| 2 |
SG Americas Securities
New York
|
-$297K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$205K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
-$135K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$32K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
SG Americas Securities
New York
| – | -$297K | -18,452 | Closed |
|
|
CIA
27
Capital Investment Advisors
Atlanta,
Georgia
| – | -$32K | -2,022 | Closed |
|
VLT Hedge Fund Activity: Q1 2014 in Review
26 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q1 2014, worth a combined $13.9M — up 12% from $12.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new VLT positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $968K. The largest seller was Wolverine Asset Management, cutting an estimated $868K.
- 26 institutional investors held Invesco High Income Trust II (VLT) as of Q1 2014, up from 25 in Q4 2013.
- Funds reported $13.9M of Invesco High Income Trust II stock for Q1 2014, up 12% quarter-over-quarter.
- 3 funds opened new Invesco High Income Trust II positions in Q1 2014 and 2 closed out, a net change of +1 holder.
- The largest Invesco High Income Trust II buyer in Q1 2014 was Saba Capital Management, an estimated $968K added.
- The largest Invesco High Income Trust II seller in Q1 2014 was Wolverine Asset Management, an estimated $868K sold.
Based on aggregated 13F filings for Q1 2014.