Invesco Trust for Investment Grade New York Municipals
VTN
29 hedge funds and large institutions have $17.7M invested in Invesco Trust for Investment Grade New York Municipals in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
12% more funds holding
Funds holding: 26 → 29 (+3)
0.45% less ownership
Funds ownership: 7.12% → 6.66% (-0.45%)
6% less capital invested
Capital invested by funds: $18.8M → $17.7M (-$1.14M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$406K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$205K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$155K |
| 4 |
LWCFA
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
|
+$58.8K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$18.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$723K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$372K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$349K |
| 4 |
ICA
Infrastructure Capital Advisors
New York
|
-$332K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$201K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
26
Highlander Capital Management
Short Hills,
New Jersey
| $14K | – | – | – |
|
|
SPIA
27
Steward Partners Investment Advisory
New York
| $10K | +$10.9K | +800 | New |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| – | -$372K | -27,422 | Closed |
|
|
LCM
29
Landscape Capital Management
Englewood,
New Jersey
| – | -$349K | -25,706 | Closed |
|
|
MAFM
30
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
| – | -$136K | -10,000 | Closed |
|
31
Fidelity Investments
Boston,
Massachusetts
| – | +$14 | +1 | New |
|
|
LWA
32
Lenox Wealth Advisors
New York
| – | +$327 | +24 | New |
|
VTN Hedge Fund Activity: Q4 2019 in Review
29 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q4 2019, worth a combined $17.7M — down 6% from $18.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new VTN positions and 3 closed out — a net gain of 3 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $406K. The largest seller was Guggenheim Capital, cutting an estimated $723K.
- 29 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q4 2019, up from 26 in Q3 2019.
- Funds reported $17.7M of Invesco Trust for Investment Grade New York Municipals stock for Q4 2019, down 6% quarter-over-quarter.
- 6 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q4 2019 and 3 closed out, a net change of +3 holders.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q4 2019 was Morgan Stanley, an estimated $406K added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q4 2019 was Guggenheim Capital, an estimated $723K sold.
Based on aggregated 13F filings for Q4 2019.