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Invesco High Income Trust II

30 hedge funds and large institutions have $29.9M invested in Invesco High Income Trust II in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 4

9% more capital invested

Capital invested by funds: $27.5M → $29.9M (+$2.41M)

0.44% less ownership

Funds ownership: 35.18%34.74% (-0.44%)

6% less funds holding

Funds holding: 3230 (-2)

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

Holders
30
Holders Change
-2
Holders Change %
-6.25%
% of All Funds
0.66%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
12
Reduced
4
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$16.8M
SIA
2
Sit Investment Associates
Minnesota
$5.29M +$498K +34,635 +10%
BI
3
Bulldog Investors
New Jersey
$1.89M -$945K -65,704 -33%
Wells Fargo
4
Wells Fargo
California
$1.23M +$93.3K +6,483 +8%
CCP
5
Clough Capital Partners
Massachusetts
$851K -$299K -20,755 -26%
MAFM
6
Mid Atlantic Financial Management
Pennsylvania
$714K +$121K +8,400 +20%
TSW
7
Thompson Siegel & Walmsley
Virginia
$415K +$417K +29,000 New
SFS
8
Shaker Financial Services
Virginia
$410K
UCI
9
Uncommon Cents Investing
Wisconsin
$340K
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$339K +$54K +3,755 +19%
PAS
11
Park Avenue Securities
New York
$327K +$41.6K +2,892 +15%
WAM
12
Wolverine Asset Management
Illinois
$262K +$214K +14,869 +430%
BFM
13
Boothbay Fund Management
New York
$248K -$67.2K -4,667 -21%
Ameriprise
14
Ameriprise
Minnesota
$179K +$22.4K +1,560 +14%
UBS Group
15
UBS Group
Switzerland
$154K +$23.5K +1,634 +18%
CHAM
16
Clear Harbor Asset Management
Connecticut
$151K +$3.45K +240 +2%
Morgan Stanley
17
Morgan Stanley
New York
$63K +$11.3K +788 +22%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$62K
Bank of America
19
Bank of America
North Carolina
$38K
GWM
20
Geneos Wealth Management
Colorado
$32K +$101 +7 +0.3%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$31K
AG
22
Advisor Group
Arizona
$29K
HCM
23
Highlander Capital Management
New Jersey
$13K
RCM
24
Rivernorth Capital Management
Florida
$10.5K -$433K -30,065 -4%
EWM
25
Edge Wealth Management
New York
$9K

VLT Hedge Fund Activity: Q3 2019 in Review

30 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco High Income Trust II (VLT) for Q3 2019, worth a combined $29.9M — up 8.8% from $27.5M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of VLT and 2 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 12 added.

The largest buyer was Sit Investment Associates, adding an estimated $498K. The largest seller was Bulldog Investors, cutting an estimated $945K.

  • 30 institutional investors held Invesco High Income Trust II (VLT) as of Q3 2019, down from 32 in Q2 2019.
  • Funds reported $29.9M of Invesco High Income Trust II stock for Q3 2019, up 8.8% quarter-over-quarter.
  • 2 funds opened new Invesco High Income Trust II positions in Q3 2019 and 4 closed out, a net change of -2 holders.
  • The largest Invesco High Income Trust II buyer in Q3 2019 was Sit Investment Associates, an estimated $498K added.
  • The largest Invesco High Income Trust II seller in Q3 2019 was Bulldog Investors, an estimated $945K sold.

Based on aggregated 13F filings for Q3 2019.