Invesco Trust for Investment Grade New York Municipals
VTN
31 hedge funds and large institutions have $18.8M invested in Invesco Trust for Investment Grade New York Municipals in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 0 closing their positions.
51% more capital invested
Capital invested by funds: $12.4M → $18.8M (+$6.35M)
41% more funds holding
Funds holding: 22 → 31 (+9)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
1.9% more ownership
Funds ownership: 4.04% → 5.94% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.48M |
| 2 |
Morgan Stanley
New York
|
+$1.04M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$464K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$450K |
| 5 |
LCM
Laurion Capital Management
New York
|
+$353K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$693K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$293K |
| 3 |
HK
Horizon Kinetics
New York
|
-$256K |
| 4 |
SRC
Shufro Rose & Co
New York
|
-$101K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$56.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
26
Sit Investment Associates
Minneapolis,
Minnesota
| $131K | – | – | – |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $90K | -$56.5K | -4,178 | -39% |
|
|
CCA
28
Catalyst Capital Advisors
Huntington,
New York
| $78K | +$76.9K | +5,685 | New |
|
29
Creative Planning
Overland Park,
Kansas
| $68K | – | – | – |
|
30
Bank of America
Charlotte,
North Carolina
| $49K | +$25.3K | +1,872 | +108% |
|
|
FWM
31
Focused Wealth Management
Newburgh,
New York
| $26K | – | – | – |
|
|
KA
32
Klingman & Associates
New York
| $4K | +$4.06K | +300 | New |
|
|
BRWA
33
B. Riley Wealth Advisors
Boca Raton,
Florida
| $15 | +$14.8K | +1,097 | New |
|
VTN Hedge Fund Activity: Q4 2014 in Review
31 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q4 2014, worth a combined $18.8M — up 51% from $12.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new VTN positions and 0 closed out — a net gain of 10 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.48M. The largest seller was Doliver Advisors, cutting an estimated $693K.
- 31 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q4 2014, up from 22 in Q3 2014.
- Funds reported $18.8M of Invesco Trust for Investment Grade New York Municipals stock for Q4 2014, up 51% quarter-over-quarter.
- 10 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q4 2014 and 0 closed out, a net change of +10 holders.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q4 2014 was Karpus Investment Management, an estimated $2.48M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q4 2014 was Doliver Advisors, an estimated $693K sold.
Based on aggregated 13F filings for Q4 2014.