Invesco Trust for Investment Grade New York Municipals
VTN
26 hedge funds and large institutions have $18.6M invested in Invesco Trust for Investment Grade New York Municipals in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
0.17% less ownership
Funds ownership: 5.94% → 5.77% (-0.17%)
1% less capital invested
Capital invested by funds: $18.8M → $18.6M (-$175K)
16% less funds holding
Funds holding: 31 → 26 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$696K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$418K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$320K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$153K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$469K |
| 2 |
HK
Horizon Kinetics
New York
|
-$361K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$356K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$238K |
| 5 |
Morgan Stanley
New York
|
-$231K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
26
Focused Wealth Management
Newburgh,
New York
| $26K | – | – | – |
|
|
KA
27
Klingman & Associates
New York
| $4K | – | – | – |
|
|
JIC
28
Joel Isaacson & Co
New York
| $4K | +$4.46K | +323 | New |
|
|
MIG
29
Mariner Investment Group
Harrison,
New York
| – | -$469K | -34,300 | Closed |
|
|
LCM
30
Laurion Capital Management
New York
| – | -$356K | -26,071 | Closed |
|
31
AQR Capital Management
Greenwich,
Connecticut
| – | -$200K | -14,600 | Closed |
|
|
DA
32
Doliver Advisors
Houston,
Texas
| – | -$190K | -13,924 | Closed |
|
33
SG Americas Securities
New York
| – | -$174K | -12,733 | Closed |
|
|
CS
34
Credit Suisse
Zurich,
Switzerland
| – | -$151K | -11,069 | Closed |
|
|
BRWA
35
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$15 | -1,097 | Closed |
|
VTN Hedge Fund Activity: Q1 2015 in Review
26 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q1 2015, worth a combined $18.6M — down 0.93% from $18.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of VTN and 2 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was Karpus Investment Management, adding an estimated $696K. The largest seller was Mariner Investment Group, exiting entirely with an estimated $469K sold.
- 26 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q1 2015, down from 31 in Q4 2014.
- Funds reported $18.6M of Invesco Trust for Investment Grade New York Municipals stock for Q1 2015, down 0.93% quarter-over-quarter.
- 2 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q1 2015 and 7 closed out, a net change of -5 holders.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q1 2015 was Karpus Investment Management, an estimated $696K added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q1 2015 was Mariner Investment Group, an estimated $469K sold.
Based on aggregated 13F filings for Q1 2015.