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Invesco High Income Trust II

24 hedge funds and large institutions have $7.95M invested in Invesco High Income Trust II in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

51% more capital invested

Capital invested by funds: $5.27M → $7.95M (+$2.68M)

9% more funds holding

Funds holding: 2224 (+2)

2.07% more ownership

Funds ownership: 4.08%6.15% (+2.1%)

29% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 7

Holders
24
Holders Change
+2
Holders Change %
+9.09%
% of All Funds
0.78%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
5
Reduced
7
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$2.92M +$313K +19,781 +12%
SCM
2
Saba Capital Management
New York
$1.53M +$1.52M +95,854 New
GC
3
Guggenheim Capital
Illinois
$943K +$939K +59,264 New
SFS
4
Shaker Financial Services
Virginia
$515K +$172K +10,844 +50%
Grantham, Mayo, Van Otterloo & Co (GMO)
5
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$457K +$455K +28,730 New
WAM
6
Wolverine Asset Management
Illinois
$435K +$97.3K +6,140 +29%
LPL Financial
7
LPL Financial
California
$234K -$17.4K -1,098 -7%
DA
8
Doliver Advisors
Texas
$196K -$402K -25,334 -67%
Morgan Stanley
9
Morgan Stanley
New York
$179K -$8.05K -508 -4%
SPC
10
Silver Point Capital
Connecticut
$159K
Ameriprise
11
Ameriprise
Minnesota
$115K +$40.4K +2,550 +54%
U
12
UBS
Switzerland
$80K +$72.1K +4,549 +915%
Bank of America
13
Bank of America
North Carolina
$62K -$21.4K -1,348 -26%
Creative Planning
14
Creative Planning
Kansas
$32K +$31.7K +2,000 New
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$29K
BC
16
Bartlett & Co
Ohio
$27K
HCM
17
Highlander Capital Management
New Jersey
$14.8K
1IC
18
1919 Investment Counsel
Maryland
$11K
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$10K -$14.7K -928 -61%
Wells Fargo
20
Wells Fargo
California
$5K -$523 -33 -9%
M&T Bank
21
M&T Bank
New York
$5K
MFS
22
MSI Financial Services
Massachusetts
$1K
WA
23
WFG Advisors
Texas
-$221K -13,930 -100%
TRCT
24
Tower Research Capital (TRC)
New York
-$4K -272 Closed

VLT Hedge Fund Activity: Q3 2013 in Review

24 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q3 2013, worth a combined $7.95M — up 51% from $5.27M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new VLT positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 7 trimmed.

The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.52M. The largest seller was Doliver Advisors, cutting an estimated $402K.

  • 24 institutional investors held Invesco High Income Trust II (VLT) as of Q3 2013, up from 22 in Q2 2013.
  • Funds reported $7.95M of Invesco High Income Trust II stock for Q3 2013, up 51% quarter-over-quarter.
  • 4 funds opened new Invesco High Income Trust II positions in Q3 2013 and 1 closed out, a net change of +3 holders.
  • The largest Invesco High Income Trust II buyer in Q3 2013 was Saba Capital Management, an estimated $1.52M added.
  • The largest Invesco High Income Trust II seller in Q3 2013 was Doliver Advisors, an estimated $402K sold.

Based on aggregated 13F filings for Q3 2013.