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Invesco High Income Trust II

26 hedge funds and large institutions have $25.2M invested in Invesco High Income Trust II in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 5

4% more capital invested

Capital invested by funds: $24.2M → $25.2M (+$964K)

0.1% more ownership

Funds ownership: 20.7%20.81% (+0.1%)

13% less funds holding

Funds holding: 3026 (-4)

57% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 7

Holders
26
Holders Change
-4
Holders Change %
-13.33%
% of All Funds
0.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
8
Reduced
5
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$12M +$1.19M +80,848 +11%
RCM
2
Rivernorth Capital Management
Florida
$5.3M +$1.48M +100,485 +39%
AAM
3
Advisors Asset Management
Colorado
$1.91M -$459K -31,169 -20%
GC
4
Guggenheim Capital
Illinois
$1.22M -$304K -20,634 -20%
SIA
5
Sit Investment Associates
Minnesota
$1.2M +$1.19M +80,616 New
Wells Fargo
6
Wells Fargo
California
$909K +$103K +6,961 +13%
Invesco
7
Invesco
Georgia
$625K -$17.8K -1,206 -3%
Morgan Stanley
8
Morgan Stanley
New York
$480K +$96.9K +6,577 +26%
SI
9
SII Investments
Wisconsin
$360K +$4.51K +306 +1%
IA
10
Icon Advisers
Colorado
$226K +$223K +15,134 New
UBS Group
11
UBS Group
Switzerland
$192K +$29.3K +1,987 +18%
Manulife (Manufacturers Life Insurance)
12
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$187K
LTFS
13
Ladenburg Thalmann Financial Services
Florida
$165K -$305K -20,677 -65%
Ameriprise
14
Ameriprise
Minnesota
$161K +$11.7K +794 +8%
AG
15
Advisor Group
Arizona
$59K
Bank of America
16
Bank of America
North Carolina
$32K -$398 -27 -1%
GWM
17
Geneos Wealth Management
Colorado
$30K +$118 +8 +0.4%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$27K
Creative Planning
19
Creative Planning
Kansas
$23K
HCM
20
Highlander Capital Management
New Jersey
$14K
NFG
21
Next Financial Group
Texas
$13K +$13.2K +893 New
EWM
22
Edge Wealth Management
New York
$10K
IA
23
IFP Advisors
Florida
$5K
VNA
24
Valley National Advisers
Pennsylvania
$1K
Citigroup
25
Citigroup
New York
-$772K -53,523 Closed

VLT Hedge Fund Activity: Q2 2017 in Review

26 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q2 2017, worth a combined $25.2M — up 4% from $24.2M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of VLT and 3 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 8 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $1.48M. The largest seller was Citigroup, exiting entirely with an estimated $772K sold.

  • 26 institutional investors held Invesco High Income Trust II (VLT) as of Q2 2017, down from 30 in Q1 2017.
  • Funds reported $25.2M of Invesco High Income Trust II stock for Q2 2017, up 4% quarter-over-quarter.
  • 3 funds opened new Invesco High Income Trust II positions in Q2 2017 and 7 closed out, a net change of -4 holders.
  • The largest Invesco High Income Trust II buyer in Q2 2017 was Rivernorth Capital Management, an estimated $1.48M added.
  • The largest Invesco High Income Trust II seller in Q2 2017 was Citigroup, an estimated $772K sold.

Based on aggregated 13F filings for Q2 2017.