Invesco High Income Trust II
26 hedge funds and large institutions have $33.2M invested in Invesco High Income Trust II in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
24% more capital invested
Capital invested by funds: $26.7M → $33.2M (+$6.49M)
6.4% more ownership
Funds ownership: 21.8% → 28.2% (+6.4%)
4% more funds holding
Funds holding: 25 → 26 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.09M |
| 2 |
PAM
PT Asset Management
Chicago,
Illinois
|
+$2.12M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.07M |
| 4 |
Walleye Trading
New York
|
+$615K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
SII Investments
Appleton,
Wisconsin
|
-$363K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$236K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$162K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$98.4K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$54.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Walleye Trading
New York
| $611 | +$615K | +41,548 | New |
|
|
SI
27
SII Investments
Appleton,
Wisconsin
| – | -$363K | -24,061 | Closed |
|
|
SFS
28
Shaker Financial Services
Arlington,
Virginia
| – | -$162K | -10,715 | Closed |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| – | -$5K | -327 | Closed |
|
VLT Hedge Fund Activity: Q4 2017 in Review
26 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q4 2017, worth a combined $33.2M — up 24% from $26.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new VLT positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.09M. The largest seller was SII Investments, exiting entirely with an estimated $363K sold.
- 26 institutional investors held Invesco High Income Trust II (VLT) as of Q4 2017, up from 25 in Q3 2017.
- Funds reported $33.2M of Invesco High Income Trust II stock for Q4 2017, up 24% quarter-over-quarter.
- 4 funds opened new Invesco High Income Trust II positions in Q4 2017 and 3 closed out, a net change of +1 holder.
- The largest Invesco High Income Trust II buyer in Q4 2017 was Rivernorth Capital Management, an estimated $4.09M added.
- The largest Invesco High Income Trust II seller in Q4 2017 was SII Investments, an estimated $363K sold.
Based on aggregated 13F filings for Q4 2017.