Invesco High Income Trust II
25 hedge funds and large institutions have $41.4M invested in Invesco High Income Trust II in 2019 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 8 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
18% more capital invested
Capital invested by funds: $35M → $41.4M (+$6.4M)
1.11% more ownership
Funds ownership: 34.47% → 35.58% (+1.1%)
24% less funds holding
Funds holding: 33 → 25 (-8)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.25M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$805K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$591K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$221K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$93.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$521K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$457K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$231K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$204K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$231K | -18,448 | Closed |
|
|
GC
27
Guggenheim Capital
Chicago,
Illinois
| – | -$204K | -16,260 | Closed |
|
|
LCM
28
Landscape Capital Management
Englewood,
New Jersey
| – | -$188K | -14,990 | Closed |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9K | -707 | Closed |
|
|
DWM
30
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$5K | -437 | Closed |
|
VLT Hedge Fund Activity: Q1 2019 in Review
25 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q1 2019, worth a combined $41.4M — up 18% from $35M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of VLT and 0 opened new positions — a net loss of 8 holders — while 5 trimmed existing stakes and 11 added.
The largest buyer was Saba Capital Management, adding an estimated $1.25M. The largest seller was BlackRock, exiting entirely with an estimated $521K sold.
- 25 institutional investors held Invesco High Income Trust II (VLT) as of Q1 2019, down from 33 in Q4 2018.
- Funds reported $41.4M of Invesco High Income Trust II stock for Q1 2019, up 18% quarter-over-quarter.
- 0 funds opened new Invesco High Income Trust II positions in Q1 2019 and 8 closed out, a net change of -8 holders.
- The largest Invesco High Income Trust II buyer in Q1 2019 was Saba Capital Management, an estimated $1.25M added.
- The largest Invesco High Income Trust II seller in Q1 2019 was BlackRock, an estimated $521K sold.
Based on aggregated 13F filings for Q1 2019.