Invesco Trust for Investment Grade New York Municipals
VTN
25 hedge funds and large institutions have $17M invested in Invesco Trust for Investment Grade New York Municipals in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
9% more capital invested
Capital invested by funds: $15.6M → $17M (+$1.37M)
0.06% more ownership
Funds ownership: 5.5% → 5.56% (+0.06%)
4% less funds holding
Funds holding: 26 → 25 (-1)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$349K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$278K |
| 3 |
Morgan Stanley
New York
|
+$262K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$147K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$59K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRC
Shufro Rose & Co
New York
|
-$375K |
| 2 |
LCM
Laurion Capital Management
New York
|
-$268K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$123K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$93.6K |
| 5 |
LWCFA
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
|
-$38K |
VTN Hedge Fund Activity: Q1 2016 in Review
25 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 2016, worth a combined $17M — up 8.8% from $15.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of VTN and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 5 added.
The largest buyer was Guggenheim Capital, adding an estimated $349K. The largest seller was Shufro Rose & Co, exiting entirely with an estimated $375K sold.
- 25 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q1 2016, down from 26 in Q4 2015.
- Funds reported $17M of Invesco Trust for Investment Grade New York Municipals stock for Q1 2016, up 8.8% quarter-over-quarter.
- 2 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q1 2016 and 3 closed out, a net change of -1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q1 2016 was Guggenheim Capital, an estimated $349K added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q1 2016 was Shufro Rose & Co, an estimated $375K sold.
Based on aggregated 13F filings for Q1 2016.