Invesco High Income Trust II
29 hedge funds and large institutions have $21M invested in Invesco High Income Trust II in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
21% more funds holding
Funds holding: 24 → 29 (+5)
9% more capital invested
Capital invested by funds: $19.2M → $21M (+$1.81M)
2.01% more ownership
Funds ownership: 18.18% → 20.19% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$859K |
| 2 |
Citigroup
New York
|
+$491K |
| 3 |
LPL Financial
San Diego,
California
|
+$379K |
| 4 |
SG Americas Securities
New York
|
+$286K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$198K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$177K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$174K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$138K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$128K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DOA
26
D'Orazio & Associates
Falls Church,
Virginia
| $3K | +$3.58K | +272 | New |
|
27
Bank of America
Charlotte,
North Carolina
| $1K | -$8.97K | -681 | -90% |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $1K | +$527 | +40 | New |
|
29
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $20 | -$2.56K | -194 | -11% |
|
|
CA
30
Cornerstone Advisors
Asheville,
North Carolina
| – | -$138K | -10,684 | Closed |
|
VLT Hedge Fund Activity: Q4 2015 in Review
29 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q4 2015, worth a combined $21M — up 9.4% from $19.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new VLT positions and 2 closed out — a net gain of 5 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $859K. The largest seller was Yorktown Management & Research Company, cutting an estimated $198K.
- 29 institutional investors held Invesco High Income Trust II (VLT) as of Q4 2015, up from 24 in Q3 2015.
- Funds reported $21M of Invesco High Income Trust II stock for Q4 2015, up 9.4% quarter-over-quarter.
- 7 funds opened new Invesco High Income Trust II positions in Q4 2015 and 2 closed out, a net change of +5 holders.
- The largest Invesco High Income Trust II buyer in Q4 2015 was Rivernorth Capital Management, an estimated $859K added.
- The largest Invesco High Income Trust II seller in Q4 2015 was Yorktown Management & Research Company, an estimated $198K sold.
Based on aggregated 13F filings for Q4 2015.