Invesco Trust for Investment Grade New York Municipals
VTN
24 hedge funds and large institutions have $7.34M invested in Invesco Trust for Investment Grade New York Municipals in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
14% more funds holding
Funds holding: 21 → 24 (+3)
0.26% less ownership
Funds ownership: 3.14% → 2.88% (-0.26%)
11% less capital invested
Capital invested by funds: $8.22M → $7.34M (-$879K)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$314K |
| 2 |
SG Americas Securities
New York
|
+$161K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$80K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$73.4K |
| 5 |
SRC
Shufro Rose & Co
New York
|
+$33.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$818K |
| 2 |
Morgan Stanley
New York
|
-$460K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$81.9K |
| 4 |
LPL Financial
San Diego,
California
|
-$21.6K |
| 5 |
M&T Bank
Buffalo,
New York
|
-$7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Nomura Holdings
Tokyo,
Japan
| – | -$6K | -400 | Closed |
|
VTN Hedge Fund Activity: Q4 2013 in Review
24 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q4 2013, worth a combined $7.34M — down 11% from $8.22M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new VTN positions and 2 closed out — a net gain of 3 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $314K. The largest seller was Guggenheim Capital, cutting an estimated $818K.
- 24 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q4 2013, up from 21 in Q3 2013.
- Funds reported $7.34M of Invesco Trust for Investment Grade New York Municipals stock for Q4 2013, down 11% quarter-over-quarter.
- 5 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q4 2013 and 2 closed out, a net change of +3 holders.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q4 2013 was Virtu KCG Holdings, an estimated $314K added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q4 2013 was Guggenheim Capital, an estimated $818K sold.
Based on aggregated 13F filings for Q4 2013.