Invesco Trust for Investment Grade New York Municipals
VTN
33 hedge funds and large institutions have $20.1M invested in Invesco Trust for Investment Grade New York Municipals in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 6 closing their positions.
0.73% less ownership
Funds ownership: 9.02% → 8.29% (-0.73%)
3% less funds holding
Funds holding: 34 → 33 (-1)
11% less capital invested
Capital invested by funds: $22.7M → $20.1M (-$2.56M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$679K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$278K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$244K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$207K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.4M |
| 2 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
-$267K |
| 3 |
SG Americas Securities
New York
|
-$164K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$133K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$130K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
26
Raymond James & Associates
St Petersburg,
Florida
| $125K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $77K | +$228 | +18 | +0.3% |
|
28
Wells Fargo
San Francisco,
California
| $57K | -$13 | -1 | -0% |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $25K | -$19.6K | -1,550 | -44% |
|
|
FWM
30
Focused Wealth Management
Newburgh,
New York
| $24K | – | – | – |
|
|
SWM
31
SeaCrest Wealth Management
Purchase,
New York
| $18K | +$253 | +20 | +1% |
|
32
Citigroup
New York
| $18K | +$18.3K | +1,443 | New |
|
|
HCM
33
Highlander Capital Management
Short Hills,
New Jersey
| $13K | – | – | – |
|
|
CIA
34
Choate Investment Advisors
Boston,
Massachusetts
| – | -$267K | -20,905 | Closed |
|
|
35
SG Americas Securities
New York
| – | -$164K | -12,888 | Closed |
|
|
36
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$133K | -10,453 | Closed |
|
|
DA
37
Doliver Advisors
Houston,
Texas
| – | -$130K | -10,218 | Closed |
|
|
CF
38
Centaurus Financial
Anaheim,
California
| – | -$37K | -2,900 | Closed |
|
39
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -100 | Closed |
|
VTN Hedge Fund Activity: Q3 2018 in Review
33 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q3 2018, worth a combined $20.1M — down 11% from $22.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of VTN and 5 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 6 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $679K. The largest seller was Laurion Capital Management, cutting an estimated $2.4M.
- 33 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q3 2018, down from 34 in Q2 2018.
- Funds reported $20.1M of Invesco Trust for Investment Grade New York Municipals stock for Q3 2018, down 11% quarter-over-quarter.
- 5 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q3 2018 and 6 closed out, a net change of -1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q3 2018 was Susquehanna International Group, an estimated $679K added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q3 2018 was Laurion Capital Management, an estimated $2.4M sold.
Based on aggregated 13F filings for Q3 2018.