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Invesco High Income Trust II

32 hedge funds and large institutions have $27.5M invested in Invesco High Income Trust II in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

700% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 1

83% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 6

28% more funds holding

Funds holding: 2532 (+7)

0.39% less ownership

Funds ownership: 35.58%35.18% (-0.39%)

34% less capital invested

Capital invested by funds: $41.4M → $27.5M (-$13.9M)

Holders
32
Holders Change
+7
Holders Change %
+28%
% of All Funds
0.7%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
11
Reduced
6
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$17M
SIA
2
Sit Investment Associates
Minnesota
$4.86M -$2.14M -147,370 -31%
CCP
3
Clough Capital Partners
Massachusetts
$1.16M +$1.16M +80,200 New
Wells Fargo
4
Wells Fargo
California
$1.15M -$10.5K -725 -0.9%
MAFM
5
Mid Atlantic Financial Management
Pennsylvania
$602K +$28.8K +1,984 +5%
SFS
6
Shaker Financial Services
Virginia
$415K +$415K +28,601 New
UCI
7
Uncommon Cents Investing
Wisconsin
$345K
BFM
8
Boothbay Fund Management
New York
$319K -$183K -12,582 -36%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$289K +$31.4K +2,164 +12%
PAS
10
Park Avenue Securities
New York
$289K +$31.7K +2,182 +12%
CL
11
CSS LLC
Illinois
$234K +$235K +16,160 New
Ameriprise
12
Ameriprise
Minnesota
$159K +$9.67K +666 +6%
CHAM
13
Clear Harbor Asset Management
Connecticut
$149K -$2.32K -160 -2%
UBS Group
14
UBS Group
Switzerland
$133K -$55.2K -3,801 -29%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$64K +$16.5K +1,135 +35%
Morgan Stanley
16
Morgan Stanley
New York
$52K +$21.5K +1,484 +71%
WAM
17
Wolverine Asset Management
Illinois
$50K +$50.2K +3,457 New
Bank of America
18
Bank of America
North Carolina
$38K +$31.5K +2,168 +463%
GWM
19
Geneos Wealth Management
Colorado
$33K +$160 +11 +0.5%
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$31K +$26.8K +1,845 +603%
Deutsche Bank
21
Deutsche Bank
Germany
$30K +$30.5K +2,100 New
AG
22
Advisor Group
Arizona
$29K
HCM
23
Highlander Capital Management
New Jersey
$14K
RCM
24
Rivernorth Capital Management
Florida
$11.1K +$1.66M +114,476 +18%
EWM
25
Edge Wealth Management
New York
$10K

VLT Hedge Fund Activity: Q2 2019 in Review

32 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q2 2019, worth a combined $27.5M — down 34% from $41.4M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new VLT positions and 1 closed out — a net gain of 7 holders — while 11 added to existing stakes and 6 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $1.66M. The largest seller was Sit Investment Associates, cutting an estimated $2.14M.

  • 32 institutional investors held Invesco High Income Trust II (VLT) as of Q2 2019, up from 25 in Q1 2019.
  • Funds reported $27.5M of Invesco High Income Trust II stock for Q2 2019, down 34% quarter-over-quarter.
  • 8 funds opened new Invesco High Income Trust II positions in Q2 2019 and 1 closed out, a net change of +7 holders.
  • The largest Invesco High Income Trust II buyer in Q2 2019 was Rivernorth Capital Management, an estimated $1.66M added.
  • The largest Invesco High Income Trust II seller in Q2 2019 was Sit Investment Associates, an estimated $2.14M sold.

Based on aggregated 13F filings for Q2 2019.