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Invesco High Income Trust II

33 hedge funds and large institutions have $42.6M invested in Invesco High Income Trust II in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more capital invested

Capital invested by funds: $38M → $42.6M (+$4.66M)

3.65% more ownership

Funds ownership: 34.65%38.3% (+3.7%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

11% less funds holding

Funds holding: 3733 (-4)

36% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 11

40% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 10

Holders
33
Holders Change
-4
Holders Change %
-10.81%
% of All Funds
0.75%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
7
Reduced
11
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$12.1M +$438K +32,237 +4%
SCM
2
Saba Capital Management
New York
$11M
SIA
3
Sit Investment Associates
Minnesota
$7.17M +$2.54M +187,147 +56%
PAM
4
PT Asset Management
Illinois
$1.96M
BI
5
Bulldog Investors
New Jersey
$1.64M +$1.12M +82,421 +220%
Walleye Trading
6
Walleye Trading
New York
$1.48M +$518K +38,119 +55%
Walleye Capital
7
Walleye Capital
New York
$1.2M +$1.19M +87,915 New
CCP
8
Clough Capital Partners
Massachusetts
$1.06M +$1.05M +77,046 New
Wells Fargo
9
Wells Fargo
California
$1.02M -$557K -40,996 -36%
CRC
10
Curi RMB Capital
Illinois
$882K -$705K -51,875 -45%
WAM
11
Wolverine Asset Management
Illinois
$618K -$46.6K -3,434 -7%
BlackRock
12
BlackRock
New York
$569K
UCI
13
Uncommon Cents Investing
Wisconsin
$325K
GC
14
Guggenheim Capital
Illinois
$252K -$263K -19,374 -51%
LCM
15
Landscape Capital Management
New Jersey
$225K -$92.4K -6,802 -29%
PAS
16
Park Avenue Securities
New York
$221K +$27.8K +2,047 +14%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$202K +$200K +14,743 New
DA
18
Doliver Advisors
Texas
$198K -$151K -11,130 -43%
UBS Group
19
UBS Group
Switzerland
$170K +$20.2K +1,485 +14%
CHAM
20
Clear Harbor Asset Management
Connecticut
$136K +$136K +10,030 New
AG
21
Advisor Group
Arizona
$52K -$13.2K -970 -20%
GWM
22
Geneos Wealth Management
Colorado
$30K +$136 +10 +0.4%
Morgan Stanley
23
Morgan Stanley
New York
$28K -$25.3K -1,865 -48%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$14K -$10.1K -746 -42%
HCM
25
Highlander Capital Management
New Jersey
$13K

VLT Hedge Fund Activity: Q3 2018 in Review

33 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q3 2018, worth a combined $42.6M — up 12% from $38M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of VLT and 6 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 7 added.

The largest buyer was Sit Investment Associates, adding an estimated $2.54M. The largest seller was Curi RMB Capital, cutting an estimated $705K.

  • 33 institutional investors held Invesco High Income Trust II (VLT) as of Q3 2018, down from 37 in Q2 2018.
  • Funds reported $42.6M of Invesco High Income Trust II stock for Q3 2018, up 12% quarter-over-quarter.
  • 6 funds opened new Invesco High Income Trust II positions in Q3 2018 and 10 closed out, a net change of -4 holders.
  • The largest Invesco High Income Trust II buyer in Q3 2018 was Sit Investment Associates, an estimated $2.54M added.
  • The largest Invesco High Income Trust II seller in Q3 2018 was Curi RMB Capital, an estimated $705K sold.

Based on aggregated 13F filings for Q3 2018.