Invesco High Income Trust II
30 hedge funds and large institutions have $24.2M invested in Invesco High Income Trust II in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 4 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
4% more capital invested
Capital invested by funds: $23.4M → $24.2M (+$887K)
0.53% more ownership
Funds ownership: 20.17% → 20.7% (+0.53%)
6% less funds holding
Funds holding: 32 → 30 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.18M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$561K |
| 3 |
Citigroup
New York
|
+$520K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$366K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$321K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.17M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$821K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$501K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$205K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$81.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
26
Acrospire Investment Management
Chicago,
Illinois
| $8K | -$14.6K | -1,011 | -66% |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $5K | – | – | – |
|
|
VNA
28
Valley National Advisers
Bethlehem,
Pennsylvania
| $1K | – | – | – |
|
|
29
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$821K | -57,618 | Closed |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| – | -$41K | -2,862 | Closed |
|
|
DOA
31
D'Orazio & Associates
Falls Church,
Virginia
| – | -$4K | -272 | Closed |
|
VLT Hedge Fund Activity: Q1 2017 in Review
30 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q1 2017, worth a combined $24.2M — up 3.8% from $23.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of VLT and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was Saba Capital Management, adding an estimated $1.18M. The largest seller was Advisors Asset Management, cutting an estimated $1.17M.
- 30 institutional investors held Invesco High Income Trust II (VLT) as of Q1 2017, down from 32 in Q4 2016.
- Funds reported $24.2M of Invesco High Income Trust II stock for Q1 2017, up 3.8% quarter-over-quarter.
- 2 funds opened new Invesco High Income Trust II positions in Q1 2017 and 4 closed out, a net change of -2 holders.
- The largest Invesco High Income Trust II buyer in Q1 2017 was Saba Capital Management, an estimated $1.18M added.
- The largest Invesco High Income Trust II seller in Q1 2017 was Advisors Asset Management, an estimated $1.17M sold.
Based on aggregated 13F filings for Q1 2017.