Invesco High Income Trust II
30 hedge funds and large institutions have $22.8M invested in Invesco High Income Trust II in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 5 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
0% more funds holding
Funds holding: 30 → 30 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less capital invested
Capital invested by funds: $23.6M → $22.8M (-$785K)
1.9% less ownership
Funds ownership: 21.12% → 19.22% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.28M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$893K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$549K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$431K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$330K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.19M |
| 2 |
Morgan Stanley
New York
|
-$1.91M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$314K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$311K |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$285K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $5K | – | – | – |
|
|
DOA
27
D'Orazio & Associates
Falls Church,
Virginia
| $3K | – | – | – |
|
|
VNA
28
Valley National Advisers
Bethlehem,
Pennsylvania
| $1K | – | – | – |
|
|
CRC
29
Curi RMB Capital
Chicago,
Illinois
| – | -$262K | -19,014 | Closed |
|
|
LCM
30
Landscape Capital Management
Englewood,
New Jersey
| – | -$235K | -17,075 | Closed |
|
|
LCM
31
Laurion Capital Management
New York
| – | -$217K | -15,772 | Closed |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$145K | -10,532 | Closed |
|
33
Citigroup
New York
| – | -$140K | -10,204 | Closed |
|
VLT Hedge Fund Activity: Q3 2016 in Review
30 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q3 2016, worth a combined $22.8M — down 3.3% from $23.6M a quarter earlier.
Fund positioning in VLT was balanced in Q3 2016: 5 funds opened new positions, 5 closed out, 9 added to existing stakes and 7 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $1.28M. The largest seller was Advisors Asset Management, cutting an estimated $2.19M.
- 30 institutional investors held Invesco High Income Trust II (VLT) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $22.8M of Invesco High Income Trust II stock for Q3 2016, down 3.3% quarter-over-quarter.
- 5 funds opened new Invesco High Income Trust II positions in Q3 2016 and 5 closed out, a net change of 0 holders.
- The largest Invesco High Income Trust II buyer in Q3 2016 was Saba Capital Management, an estimated $1.28M added.
- The largest Invesco High Income Trust II seller in Q3 2016 was Advisors Asset Management, an estimated $2.19M sold.
Based on aggregated 13F filings for Q3 2016.