Invesco High Income Trust II
27 hedge funds and large institutions have $20.7M invested in Invesco High Income Trust II in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
16% more capital invested
Capital invested by funds: $17.9M → $20.7M (+$2.82M)
8% more funds holding
Funds holding: 25 → 27 (+2)
2.95% more ownership
Funds ownership: 14.55% → 17.5% (+2.9%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.98M |
| 2 |
SCM
Saba Capital Management
New York
|
+$3.25M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$912K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$500K |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
PT Asset Management
Chicago,
Illinois
|
-$4.46M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$814K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$425K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$164K |
| 5 |
AIG
American International Group
New York
|
-$16.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $1K | +$999 | +67 | New |
|
|
PAM
27
PT Asset Management
Chicago,
Illinois
| – | -$4.46M | -295,313 | Closed |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$15K | -1,000 | Closed |
|
29
Wells Fargo
San Francisco,
California
| – | -$2.68K | -180 | -92% |
|
VLT Hedge Fund Activity: Q2 2015 in Review
27 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q2 2015, worth a combined $20.7M — up 16% from $17.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new VLT positions and 2 closed out — a net gain of 2 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $3.98M. The largest seller was PT Asset Management, exiting entirely with an estimated $4.46M sold.
- 27 institutional investors held Invesco High Income Trust II (VLT) as of Q2 2015, up from 25 in Q1 2015.
- Funds reported $20.7M of Invesco High Income Trust II stock for Q2 2015, up 16% quarter-over-quarter.
- 4 funds opened new Invesco High Income Trust II positions in Q2 2015 and 2 closed out, a net change of +2 holders.
- The largest Invesco High Income Trust II buyer in Q2 2015 was Advisors Asset Management, an estimated $3.98M added.
- The largest Invesco High Income Trust II seller in Q2 2015 was PT Asset Management, an estimated $4.46M sold.
Based on aggregated 13F filings for Q2 2015.