Invesco Trust for Investment Grade New York Municipals
VTN
29 hedge funds and large institutions have $20.6M invested in Invesco Trust for Investment Grade New York Municipals in 2018 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 1 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
0.13% more ownership
Funds ownership: 7.99% → 8.12% (+0.13%)
4% less capital invested
Capital invested by funds: $21.4M → $20.6M (-$788K)
3% less funds holding
Funds holding: 30 → 29 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$445K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$294K |
| 3 |
ICA
Infrastructure Capital Advisors
New York
|
+$287K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$130K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$42.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$518K |
| 2 |
SRC
Shufro Rose & Co
New York
|
-$236K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$68.5K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$58.5K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$19.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $58K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $49K | – | – | – |
|
|
FWM
28
Focused Wealth Management
Newburgh,
New York
| $25K | – | – | – |
|
|
SWM
29
SeaCrest Wealth Management
Purchase,
New York
| $18K | +$252 | +19 | +1% |
|
|
HCM
30
Highlander Capital Management
Short Hills,
New Jersey
| $13K | – | – | – |
|
VTN Hedge Fund Activity: Q1 2018 in Review
29 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q1 2018, worth a combined $20.6M — down 3.7% from $21.4M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of VTN and 0 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 10 added.
The largest buyer was Royal Bank of Canada, adding an estimated $445K. The largest seller was Fiera Capital (Canada), cutting an estimated $518K.
- 29 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q1 2018, down from 30 in Q4 2017.
- Funds reported $20.6M of Invesco Trust for Investment Grade New York Municipals stock for Q1 2018, down 3.7% quarter-over-quarter.
- 0 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q1 2018 and 1 closed out, a net change of -1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q1 2018 was Royal Bank of Canada, an estimated $445K added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q1 2018 was Fiera Capital (Canada), an estimated $518K sold.
Based on aggregated 13F filings for Q1 2018.