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Invesco High Income Trust II

29 hedge funds and large institutions have $21M invested in Invesco High Income Trust II in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 2

43% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 7

21% more funds holding

Funds holding: 2429 (+5)

9% more capital invested

Capital invested by funds: $19.2M → $21M (+$1.81M)

2.01% more ownership

Funds ownership: 18.18%20.19% (+2%)

Holders
29
Holders Change
+5
Holders Change %
+20.83%
% of All Funds
0.76%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
10
Reduced
7
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$5.32M -$174K -13,177 -3%
SCM
2
Saba Capital Management
New York
$4.63M +$97.8K +7,427 +2%
GC
3
Guggenheim Capital
Illinois
$2.21M +$48.2K +3,657 +2%
RCM
4
Rivernorth Capital Management
Florida
$1.61M +$859K +65,246 +109%
Citigroup
5
Citigroup
New York
$1.47M +$491K +37,273 +49%
YMRC
6
Yorktown Management & Research Company
Virginia
$1.16M -$198K -15,000 -14%
WAM
7
Wolverine Asset Management
Illinois
$1.14M -$177K -13,419 -13%
LCM
8
Landscape Capital Management
New Jersey
$767K +$124K +9,390 +19%
LPL Financial
9
LPL Financial
California
$743K +$379K +28,783 +99%
AA
10
AQR Arbitrage
Connecticut
$632K +$153K +11,612 +31%
SG Americas Securities
11
SG Americas Securities
New York
$279K +$286K +21,684 New
CRC
12
Curi RMB Capital
Illinois
$262K +$269K +20,391 New
LTFS
13
Ladenburg Thalmann Financial Services
Florida
$242K +$24.2K +1,835 +11%
MC
14
Matisse Capital
Oregon
$211K +$216K +16,400 New
UBS Group
15
UBS Group
Switzerland
$166K +$11.3K +861 +7%
Morgan Stanley
16
Morgan Stanley
New York
$106K -$171 -13 -0.2%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$30K
MFS
18
MSI Financial Services
Massachusetts
$19K -$128K -9,710 -87%
AIG
19
American International Group
New York
$12K
HCM
20
Highlander Capital Management
New Jersey
$12K
Wells Fargo
21
Wells Fargo
California
$10K +$5.19K +394 +97%
Creative Planning
22
Creative Planning
Kansas
$8K
WA
23
WFG Advisors
Texas
$6K
ADL
24
Asset Dedication LLC
California
$6K +$6.31K +479 New
CHC
25
City Holding Co
West Virginia
$5K +$5.53K +420 New

VLT Hedge Fund Activity: Q4 2015 in Review

29 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q4 2015, worth a combined $21M — up 9.4% from $19.2M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new VLT positions and 2 closed out — a net gain of 5 holders — while 10 added to existing stakes and 7 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $859K. The largest seller was Yorktown Management & Research Company, cutting an estimated $198K.

  • 29 institutional investors held Invesco High Income Trust II (VLT) as of Q4 2015, up from 24 in Q3 2015.
  • Funds reported $21M of Invesco High Income Trust II stock for Q4 2015, up 9.4% quarter-over-quarter.
  • 7 funds opened new Invesco High Income Trust II positions in Q4 2015 and 2 closed out, a net change of +5 holders.
  • The largest Invesco High Income Trust II buyer in Q4 2015 was Rivernorth Capital Management, an estimated $859K added.
  • The largest Invesco High Income Trust II seller in Q4 2015 was Yorktown Management & Research Company, an estimated $198K sold.

Based on aggregated 13F filings for Q4 2015.