Invesco High Income Trust II
37 hedge funds and large institutions have $38M invested in Invesco High Income Trust II in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
16% more funds holding
Funds holding: 32 → 37 (+5)
7% more capital invested
Capital invested by funds: $35.6M → $38M (+$2.34M)
3.17% more ownership
Funds ownership: 31.48% → 34.65% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.35M |
| 2 |
BlackRock
New York
|
+$569K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$512K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$489K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$486K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$743K |
| 2 |
Morgan Stanley
New York
|
-$309K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$168K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$137K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$30.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
26
Highlander Capital Management
Short Hills,
New Jersey
| $13K | – | – | – |
|
|
RFM
27
Royal Fund Management
Lady Lake,
Florida
| $12K | +$12.6K | +920 | New |
|
|
EWM
28
Edge Wealth Management
New York
| $9K | – | – | – |
|
|
APA
29
American Portfolios Advisors
Holbrook,
New York
| $8.78K | -$3.11K | -227 | -26% |
|
30
Bank of America
Charlotte,
North Carolina
| $8K | -$4.45K | -325 | -34% |
|
|
PK
31
Pflug Koory
Omaha,
Nebraska
| $5K | – | – | – |
|
|
CF
32
Centaurus Financial
Anaheim,
California
| $5K | +$5.11K | +373 | New |
|
33
US Bancorp
Minneapolis,
Minnesota
| $4K | – | – | – |
|
34
SEI Investments
Oaks,
Pennsylvania
| $3K | – | – | – |
|
|
VNA
35
Valley National Advisers
Bethlehem,
Pennsylvania
| $1K | – | – | – |
|
36
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $1K | +$1.42K | +104 | New |
|
|
37
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$137K | -9,872 | Closed |
|
VLT Hedge Fund Activity: Q2 2018 in Review
37 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q2 2018, worth a combined $38M — up 6.6% from $35.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new VLT positions and 1 closed out — a net gain of 5 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.35M. The largest seller was Advisors Asset Management, cutting an estimated $743K.
- 37 institutional investors held Invesco High Income Trust II (VLT) as of Q2 2018, up from 32 in Q1 2018.
- Funds reported $38M of Invesco High Income Trust II stock for Q2 2018, up 6.6% quarter-over-quarter.
- 6 funds opened new Invesco High Income Trust II positions in Q2 2018 and 1 closed out, a net change of +5 holders.
- The largest Invesco High Income Trust II buyer in Q2 2018 was Sit Investment Associates, an estimated $1.35M added.
- The largest Invesco High Income Trust II seller in Q2 2018 was Advisors Asset Management, an estimated $743K sold.
Based on aggregated 13F filings for Q2 2018.