Invesco Trust for Investment Grade New York Municipals
VTN
34 hedge funds and large institutions have $22.7M invested in Invesco Trust for Investment Grade New York Municipals in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
17% more funds holding
Funds holding: 29 → 34 (+5)
10% more capital invested
Capital invested by funds: $20.6M → $22.7M (+$2.11M)
0.9% more ownership
Funds ownership: 8.12% → 9.02% (+0.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$2.82M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$213K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$173K |
| 4 |
SG Americas Securities
New York
|
+$165K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$608K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$594K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$162K |
| 4 |
FA
FDx Advisors
Chicago,
Illinois
|
-$134K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$53.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
26
Doliver Advisors
Houston,
Texas
| $130K | +$131K | +10,218 | New |
|
|
RJA
27
Raymond James & Associates
St Petersburg,
Florida
| $128K | +$128K | +10,008 | New |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $78K | – | – | – |
|
29
Wells Fargo
San Francisco,
California
| $58K | +$13 | +1 | +0% |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $45K | – | – | – |
|
|
CF
31
Centaurus Financial
Anaheim,
California
| $37K | +$37.1K | +2,900 | New |
|
|
FWM
32
Focused Wealth Management
Newburgh,
New York
| $24K | – | – | – |
|
|
SWM
33
SeaCrest Wealth Management
Purchase,
New York
| $19K | +$256 | +20 | +1% |
|
|
HCM
34
Highlander Capital Management
Short Hills,
New Jersey
| $13K | – | – | – |
|
35
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $1K | +$1.28K | +100 | New |
|
|
FA
36
FDx Advisors
Chicago,
Illinois
| – | -$134K | -10,415 | Closed |
|
VTN Hedge Fund Activity: Q2 2018 in Review
34 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q2 2018, worth a combined $22.7M — up 10% from $20.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new VTN positions and 1 closed out — a net gain of 5 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $2.82M. The largest seller was Guggenheim Capital, cutting an estimated $608K.
- 34 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q2 2018, up from 29 in Q1 2018.
- Funds reported $22.7M of Invesco Trust for Investment Grade New York Municipals stock for Q2 2018, up 10% quarter-over-quarter.
- 6 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q2 2018 and 1 closed out, a net change of +5 holders.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q2 2018 was Laurion Capital Management, an estimated $2.82M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q2 2018 was Guggenheim Capital, an estimated $608K sold.
Based on aggregated 13F filings for Q2 2018.