Invesco High Income Trust II
32 hedge funds and large institutions have $23.4M invested in Invesco High Income Trust II in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 3 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
7% more funds holding
Funds holding: 30 → 32 (+2)
2% more capital invested
Capital invested by funds: $22.8M → $23.4M (+$551K)
0.95% more ownership
Funds ownership: 19.22% → 20.17% (+0.95%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$815K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$349K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$308K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$297K |
| 5 |
Citigroup
New York
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$873K |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$292K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$229K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$227K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$167K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
26
Edge Wealth Management
New York
| $10K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $5K | – | – | – |
|
|
DOA
28
D'Orazio & Associates
Falls Church,
Virginia
| $4K | – | – | – |
|
|
VNA
29
Valley National Advisers
Bethlehem,
Pennsylvania
| $1K | +$212 | +15 | +33% |
|
|
YMRC
30
Yorktown Management & Research Company
Forest,
Virginia
| – | -$292K | -20,000 | Closed |
|
|
SFS
31
Shaker Financial Services
Arlington,
Virginia
| – | -$227K | -15,507 | Closed |
|
|
DA
32
Doliver Advisors
Houston,
Texas
| – | -$167K | -11,412 | Closed |
|
33
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$141 | +10 | New |
|
VLT Hedge Fund Activity: Q4 2016 in Review
32 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q4 2016, worth a combined $23.4M — up 2.4% from $22.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new VLT positions and 3 closed out — a net gain of 2 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $815K. The largest seller was Morgan Stanley, cutting an estimated $873K.
- 32 institutional investors held Invesco High Income Trust II (VLT) as of Q4 2016, up from 30 in Q3 2016.
- Funds reported $23.4M of Invesco High Income Trust II stock for Q4 2016, up 2.4% quarter-over-quarter.
- 5 funds opened new Invesco High Income Trust II positions in Q4 2016 and 3 closed out, a net change of +2 holders.
- The largest Invesco High Income Trust II buyer in Q4 2016 was Fiera Capital (Canada), an estimated $815K added.
- The largest Invesco High Income Trust II seller in Q4 2016 was Morgan Stanley, an estimated $873K sold.
Based on aggregated 13F filings for Q4 2016.