Invesco High Income Trust II
26 hedge funds and large institutions have $25.2M invested in Invesco High Income Trust II in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 7 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
4% more capital invested
Capital invested by funds: $24.2M → $25.2M (+$964K)
0.1% more ownership
Funds ownership: 20.7% → 20.81% (+0.1%)
13% less funds holding
Funds holding: 30 → 26 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.48M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.19M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.19M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$223K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$772K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$668K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$560K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$472K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$459K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CRC
26
Curi RMB Capital
Chicago,
Illinois
| – | -$668K | -46,269 | Closed |
|
|
SFS
27
Shaker Financial Services
Arlington,
Virginia
| – | -$560K | -38,840 | Closed |
|
|
LCM
28
Landscape Capital Management
Englewood,
New Jersey
| – | -$472K | -32,992 | Closed |
|
|
RCM
29
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$334K | -23,113 | Closed |
|
30
LPL Financial
San Diego,
California
| – | -$247K | -17,153 | Closed |
|
|
AIM
31
Acrospire Investment Management
Chicago,
Illinois
| – | -$8K | -528 | Closed |
|
VLT Hedge Fund Activity: Q2 2017 in Review
26 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q2 2017, worth a combined $25.2M — up 4% from $24.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of VLT and 3 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.48M. The largest seller was Citigroup, exiting entirely with an estimated $772K sold.
- 26 institutional investors held Invesco High Income Trust II (VLT) as of Q2 2017, down from 30 in Q1 2017.
- Funds reported $25.2M of Invesco High Income Trust II stock for Q2 2017, up 4% quarter-over-quarter.
- 3 funds opened new Invesco High Income Trust II positions in Q2 2017 and 7 closed out, a net change of -4 holders.
- The largest Invesco High Income Trust II buyer in Q2 2017 was Rivernorth Capital Management, an estimated $1.48M added.
- The largest Invesco High Income Trust II seller in Q2 2017 was Citigroup, an estimated $772K sold.
Based on aggregated 13F filings for Q2 2017.