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Invesco High Income Trust II

26 hedge funds and large institutions have $33.2M invested in Invesco High Income Trust II in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 6

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

24% more capital invested

Capital invested by funds: $26.7M → $33.2M (+$6.49M)

6.4% more ownership

Funds ownership: 21.8%28.2% (+6.4%)

4% more funds holding

Funds holding: 2526 (+1)

Holders
26
Holders Change
+1
Holders Change %
+4%
% of All Funds
0.59%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
9
Reduced
6
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$11.9M -$651 -44 -0%
RCM
2
Rivernorth Capital Management
Florida
$9.63M +$4.09M +276,439 +73%
SIA
3
Sit Investment Associates
Minnesota
$2.57M +$1.07M +72,149 +70%
PAM
4
PT Asset Management
Illinois
$2.11M +$2.12M +143,246 New
Wells Fargo
5
Wells Fargo
California
$1.43M +$256K +17,289 +22%
AAM
6
Advisors Asset Management
Colorado
$1.24M -$236K -15,985 -16%
CRC
7
Curi RMB Capital
Illinois
$1.04M -$2.56K -173 -0.2%
GC
8
Guggenheim Capital
Illinois
$779K -$98.4K -6,650 -11%
Invesco
9
Invesco
Georgia
$519K -$54.9K -3,714 -10%
IA
10
Icon Advisers
Colorado
$446K +$40.8K +2,761 +10%
Morgan Stanley
11
Morgan Stanley
New York
$367K +$1.09K +74 +0.3%
UCI
12
Uncommon Cents Investing
Wisconsin
$304K +$306K +20,655 New
UBS Group
13
UBS Group
Switzerland
$233K +$95.5K +6,459 +69%
Manulife (Manufacturers Life Insurance)
14
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$184K
KF
15
Krilogy Financial
Missouri
$163K
Ameriprise
16
Ameriprise
Minnesota
$157K +$1.51K +102 +1%
AG
17
Advisor Group
Arizona
$57K
GWM
18
Geneos Wealth Management
Colorado
$35K +$118 +8 +0.3%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$26K
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$19K +$4.53K +306 +31%
Bank of America
21
Bank of America
North Carolina
$17K -$2.99K -202 -15%
HCM
22
Highlander Capital Management
New Jersey
$14K
TRCT
23
Tower Research Capital (TRC)
New York
$11K +$11.3K +765 New
EWM
24
Edge Wealth Management
New York
$9K
VNA
25
Valley National Advisers
Pennsylvania
$1K

VLT Hedge Fund Activity: Q4 2017 in Review

26 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q4 2017, worth a combined $33.2M — up 24% from $26.7M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new VLT positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $4.09M. The largest seller was SII Investments, exiting entirely with an estimated $363K sold.

  • 26 institutional investors held Invesco High Income Trust II (VLT) as of Q4 2017, up from 25 in Q3 2017.
  • Funds reported $33.2M of Invesco High Income Trust II stock for Q4 2017, up 24% quarter-over-quarter.
  • 4 funds opened new Invesco High Income Trust II positions in Q4 2017 and 3 closed out, a net change of +1 holder.
  • The largest Invesco High Income Trust II buyer in Q4 2017 was Rivernorth Capital Management, an estimated $4.09M added.
  • The largest Invesco High Income Trust II seller in Q4 2017 was SII Investments, an estimated $363K sold.

Based on aggregated 13F filings for Q4 2017.