Invesco High Income Trust II
34 hedge funds and large institutions have $12.5M invested in Invesco High Income Trust II in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
10% more funds holding
Funds holding: 31 → 34 (+3)
1.85% less ownership
Funds ownership: 15.7% → 13.85% (-1.8%)
10% less capital invested
Capital invested by funds: $13.9M → $12.5M (-$1.33M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$327K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$302K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$284K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$262K |
| 5 |
ICMP
Integrated Capital Management (Pennsylvania)
Jessup,
Pennsylvania
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.79M |
| 2 |
SCM
Saba Capital Management
New York
|
-$850K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$220K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$194K |
| 5 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$78.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
26
Accel Wealth Management
Waverly,
Iowa
| $14K | – | – | – |
|
|
HCM
27
Highlander Capital Management
Short Hills,
New Jersey
| $13K | – | – | – |
|
|
SSB
28
Sandy Spring Bank
Olney,
Maryland
| $13K | +$274 | +20 | +2% |
|
|
IAIM
29
International Assets Investment Management
Orlando,
Florida
| $10K | – | – | – |
|
|
RCA
30
Ranch Capital Advisors
Sarasota,
Florida
| $10K | – | – | – |
|
|
KFI
31
Key Financial Inc
West Chester,
Pennsylvania
| $6K | – | – | – |
|
|
VNA
32
Valley National Advisers
Bethlehem,
Pennsylvania
| $1K | – | – | – |
|
|
LCM
33
Landscape Capital Management
Englewood,
New Jersey
| – | -$194K | -14,299 | Closed |
|
34
Fidelity Investments
Boston,
Massachusetts
| – | +$14 | +1 | New |
|
VLT Hedge Fund Activity: Q1 2021 in Review
34 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q1 2021, worth a combined $12.5M — down 9.6% from $13.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new VLT positions and 2 closed out — a net gain of 4 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $327K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.79M.
- 34 institutional investors held Invesco High Income Trust II (VLT) as of Q1 2021, up from 31 in Q4 2020.
- Funds reported $12.5M of Invesco High Income Trust II stock for Q1 2021, down 9.6% quarter-over-quarter.
- 6 funds opened new Invesco High Income Trust II positions in Q1 2021 and 2 closed out, a net change of +4 holders.
- The largest Invesco High Income Trust II buyer in Q1 2021 was Commonwealth Equity Services, an estimated $327K added.
- The largest Invesco High Income Trust II seller in Q1 2021 was Rivernorth Capital Management, an estimated $1.79M sold.
Based on aggregated 13F filings for Q1 2021.