Invesco Trust for Investment Grade New York Municipals
VTN
35 hedge funds and large institutions have $26.8M invested in Invesco Trust for Investment Grade New York Municipals in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
22% more capital invested
Capital invested by funds: $22M → $26.8M (+$4.88M)
6% more funds holding
Funds holding: 33 → 35 (+2)
2% more ownership
Funds ownership: 9.31% → 11.31% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.12M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.81M |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$925K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$613K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$367K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$568K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$538K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$459K |
| 4 |
Goldman Sachs
New York
|
-$213K |
| 5 |
EWM
Edge Wealth Management
New York
|
-$49.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $76K | +$16.7K | +1,403 | +29% |
|
|
EP
27
Eudaimonia Partners
Winchester,
Tennessee
| $59K | +$59 | +5 | +0.1% |
|
|
LWCFA
28
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $53K | – | – | – |
|
|
EWM
29
Edge Wealth Management
New York
| $41K | -$49.9K | -4,200 | -55% |
|
|
CAN
30
Cetera Advisor Networks
El Segundo,
California
| $38K | +$36.9K | +3,100 | New |
|
|
SPIA
31
Steward Partners Investment Advisory
New York
| $24K | +$5.95K | +500 | +33% |
|
|
PA
32
Procyon Advisors
Shelton,
Connecticut
| $18K | – | – | – |
|
|
HCM
33
Highlander Capital Management
Short Hills,
New Jersey
| $13K | – | – | – |
|
|
FWM
34
Focused Wealth Management
Newburgh,
New York
| $13K | +$143 | +12 | +1% |
|
|
PAG
35
Private Advisor Group
Morristown,
New Jersey
| $12K | +$11.5K | +963 | New |
|
|
36
Goldman Sachs
New York
| – | -$213K | -17,629 | Closed |
|
VTN Hedge Fund Activity: Q2 2020 in Review
35 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q2 2020, worth a combined $26.8M — up 22% from $22M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new VTN positions and 1 closed out — a net gain of 2 holders — while 15 added to existing stakes and 7 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $2.12M. The largest seller was UBS Group, cutting an estimated $568K.
- 35 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q2 2020, up from 33 in Q1 2020.
- Funds reported $26.8M of Invesco Trust for Investment Grade New York Municipals stock for Q2 2020, up 22% quarter-over-quarter.
- 3 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q2 2020 and 1 closed out, a net change of +2 holders.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q2 2020 was Robinson Capital Management, an estimated $2.12M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q2 2020 was UBS Group, an estimated $568K sold.
Based on aggregated 13F filings for Q2 2020.