Invesco Trust for Investment Grade New York Municipals
VTN
27 hedge funds and large institutions have $17.6M invested in Invesco Trust for Investment Grade New York Municipals in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 26 → 27 (+1)
0.31% more ownership
Funds ownership: 5.44% → 5.75% (+0.31%)
1% less capital invested
Capital invested by funds: $17.8M → $17.6M (-$165K)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$816K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$343K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$229K |
| 4 |
FA
FDx Advisors
Chicago,
Illinois
|
+$170K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
-$210K |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$210K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$142K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$122K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$67.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $12K | – | – | – |
|
|
KA
27
Klingman & Associates
New York
| $5K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $3K | +$3.2K | +199 | New |
|
|
CIA
29
Choate Investment Advisors
Boston,
Massachusetts
| – | -$210K | -12,815 | Closed |
|
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$122K | -7,440 | Closed |
|
|
JIC
31
Joel Isaacson & Co
New York
| – | -$5K | -323 | Closed |
|
VTN Hedge Fund Activity: Q3 2016 in Review
27 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q3 2016, worth a combined $17.6M — down 0.93% from $17.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new VTN positions and 3 closed out — a net gain of 1 holder — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $816K. The largest seller was Choate Investment Advisors, exiting entirely with an estimated $210K sold.
- 27 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q3 2016, up from 26 in Q2 2016.
- Funds reported $17.6M of Invesco Trust for Investment Grade New York Municipals stock for Q3 2016, down 0.93% quarter-over-quarter.
- 4 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q3 2016 and 3 closed out, a net change of +1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q3 2016 was Guggenheim Capital, an estimated $816K added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q3 2016 was Choate Investment Advisors, an estimated $210K sold.
Based on aggregated 13F filings for Q3 2016.