Invesco High Income Trust II
24 hedge funds and large institutions have $19.2M invested in Invesco High Income Trust II in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
0.68% more ownership
Funds ownership: 17.5% → 18.18% (+0.68%)
7% less capital invested
Capital invested by funds: $20.7M → $19.2M (-$1.44M)
11% less funds holding
Funds holding: 27 → 24 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$827K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$706K |
| 3 |
SCM
Saba Capital Management
New York
|
+$349K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$184K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$876K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$313K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$307K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$134K |
| 5 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$30K |
VLT Hedge Fund Activity: Q3 2015 in Review
24 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q3 2015, worth a combined $19.2M — down 7% from $20.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of VLT and 3 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 10 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $827K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $876K sold.
- 24 institutional investors held Invesco High Income Trust II (VLT) as of Q3 2015, down from 27 in Q2 2015.
- Funds reported $19.2M of Invesco High Income Trust II stock for Q3 2015, down 7% quarter-over-quarter.
- 3 funds opened new Invesco High Income Trust II positions in Q3 2015 and 5 closed out, a net change of -2 holders.
- The largest Invesco High Income Trust II buyer in Q3 2015 was Rivernorth Capital Management, an estimated $827K added.
- The largest Invesco High Income Trust II seller in Q3 2015 was Curi RMB Capital, an estimated $876K sold.
Based on aggregated 13F filings for Q3 2015.