Invesco Trust for Investment Grade New York Municipals
VTN
30 hedge funds and large institutions have $21.4M invested in Invesco Trust for Investment Grade New York Municipals in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
12% more capital invested
Capital invested by funds: $19.2M → $21.4M (+$2.22M)
3% more funds holding
Funds holding: 29 → 30 (+1)
0.91% more ownership
Funds ownership: 7.09% → 7.99% (+0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$341K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$294K |
| 3 |
SRC
Shufro Rose & Co
New York
|
+$244K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$235K |
| 5 |
Morgan Stanley
New York
|
+$148K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$315K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$297K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$263K |
| 4 |
VF
Virtu Financial
New York
|
-$236K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$157K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $62K | +$14 | +1 | +0% |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $49K | +$48.6K | +3,550 | New |
|
|
FWM
28
Focused Wealth Management
Newburgh,
New York
| $26K | – | – | – |
|
|
SWM
29
SeaCrest Wealth Management
Purchase,
New York
| $19K | +$19.4K | +1,420 | New |
|
|
HCM
30
Highlander Capital Management
Short Hills,
New Jersey
| $14K | – | – | – |
|
|
MIG
31
Mariner Investment Group
Harrison,
New York
| – | -$315K | -23,000 | Closed |
|
|
DA
32
Doliver Advisors
Houston,
Texas
| – | -$297K | -21,652 | Closed |
|
|
LCM
33
Laurion Capital Management
New York
| – | -$263K | -19,170 | Closed |
|
|
VF
34
Virtu Financial
New York
| – | -$236K | -17,213 | Closed |
|
|
RJA
35
Raymond James & Associates
St Petersburg,
Florida
| – | -$144K | -10,511 | Closed |
|
VTN Hedge Fund Activity: Q4 2017 in Review
30 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q4 2017, worth a combined $21.4M — up 12% from $19.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new VTN positions and 5 closed out — a net gain of 1 holder — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $341K. The largest seller was Mariner Investment Group, exiting entirely with an estimated $315K sold.
- 30 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q4 2017, up from 29 in Q3 2017.
- Funds reported $21.4M of Invesco Trust for Investment Grade New York Municipals stock for Q4 2017, up 12% quarter-over-quarter.
- 6 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q4 2017 and 5 closed out, a net change of +1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q4 2017 was Guggenheim Capital, an estimated $341K added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q4 2017 was Mariner Investment Group, an estimated $315K sold.
Based on aggregated 13F filings for Q4 2017.