Invesco High Income Trust II
30 hedge funds and large institutions have $29.9M invested in Invesco High Income Trust II in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
9% more capital invested
Capital invested by funds: $27.5M → $29.9M (+$2.41M)
0.44% less ownership
Funds ownership: 35.18% → 34.74% (-0.44%)
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 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$498K |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$417K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$214K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$121K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$93.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$945K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$433K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$299K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$234K |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$67.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
26
Huntington National Bank
Columbus,
Ohio
| $3K | – | – | – |
|
|
PFGIA
27
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $3K | +$2.88K | +200 | New |
|
|
VNA
28
Valley National Advisers
Bethlehem,
Pennsylvania
| $1K | – | – | – |
|
|
GWMIA
29
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| $1K | +$14 | +1 | +1% |
|
|
RCAG
30
Rehmann Capital Advisory Group
Lansing,
Michigan
| $325 | – | – | – |
|
|
CL
31
CSS LLC
Chicago,
Illinois
| – | -$234K | -16,160 | Closed |
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$30K | -2,100 | Closed |
|
|
DWM
33
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$6K | -437 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$1K | -100 | Closed |
|
VLT Hedge Fund Activity: Q3 2019 in Review
30 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q3 2019, worth a combined $29.9M — up 8.8% from $27.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of VLT and 2 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 12 added.
The largest buyer was Sit Investment Associates, adding an estimated $498K. The largest seller was Bulldog Investors, cutting an estimated $945K.
- 30 institutional investors held Invesco High Income Trust II (VLT) as of Q3 2019, down from 32 in Q2 2019.
- Funds reported $29.9M of Invesco High Income Trust II stock for Q3 2019, up 8.8% quarter-over-quarter.
- 2 funds opened new Invesco High Income Trust II positions in Q3 2019 and 4 closed out, a net change of -2 holders.
- The largest Invesco High Income Trust II buyer in Q3 2019 was Sit Investment Associates, an estimated $498K added.
- The largest Invesco High Income Trust II seller in Q3 2019 was Bulldog Investors, an estimated $945K sold.
Based on aggregated 13F filings for Q3 2019.