Invesco High Income Trust II
VLT
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.
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: 22 → 24 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.52M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$939K |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$455K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$313K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$402K |
| 2 |
WA
WFG Advisors
Dallas,
Texas
|
-$221K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$21.4K |
| 4 |
LPL Financial
San Diego,
California
|
-$17.4K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$14.7K |
VLT Hedge Fund Activity: Q3 2013 in Review
24 of the 3,096 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.