Invesco Trust for Investment Grade New York Municipals
VTN
34 hedge funds and large institutions have $45M invested in Invesco Trust for Investment Grade New York Municipals in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 4 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
7% more capital invested
Capital invested by funds: $42.1M → $45M (+$2.91M)
3% more funds holding
Funds holding: 33 → 34 (+1)
0.15% more ownership
Funds ownership: 16.47% → 16.61% (+0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.43M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$876K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$792K |
| 4 |
Morgan Stanley
New York
|
+$420K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$251K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
-$2.23M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.92M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$327K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$175K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$150K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $154K | – | – | – |
|
|
HKAM
27
Horizon Kinetics Asset Management
New York
| $145K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $140K | -$34.3K | -2,555 | -20% |
|
|
TJHA
29
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $108K | -$175K | -13,016 | -63% |
|
|
LWCFA
30
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $60K | +$57.9K | +4,317 | New |
|
31
Citigroup
New York
| $20K | – | – | – |
|
|
FWM
32
Focused Wealth Management
Newburgh,
New York
| $16K | +$161 | +12 | +1% |
|
|
HCM
33
Highlander Capital Management
Short Hills,
New Jersey
| $14K | – | – | – |
|
|
BFA
34
Brendel Financial Advisors
Hanover,
New Hampshire
| $7K | +$6.33K | +472 | New |
|
|
CC
35
Claybrook Capital
Wellesley,
Massachusetts
| – | -$2.23M | -170,381 | Closed |
|
|
AA
36
AQR Arbitrage
Greenwich,
Connecticut
| – | -$150K | -11,477 | Closed |
|
|
SPIA
37
Steward Partners Investment Advisory
New York
| – | -$94.4K | -7,200 | Closed |
|
|
EP
38
Eudaimonia Partners
Winchester,
Tennessee
| – | -$64K | -4,894 | Closed |
|
VTN Hedge Fund Activity: Q2 2021 in Review
34 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q2 2021, worth a combined $45M — up 6.9% from $42.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new VTN positions and 4 closed out — a net gain of 1 holder — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.43M. The largest seller was Claybrook Capital, exiting entirely with an estimated $2.23M sold.
- 34 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q2 2021, up from 33 in Q1 2021.
- Funds reported $45M of Invesco Trust for Investment Grade New York Municipals stock for Q2 2021, up 6.9% quarter-over-quarter.
- 5 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q2 2021 and 4 closed out, a net change of +1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q2 2021 was Karpus Investment Management, an estimated $2.43M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q2 2021 was Claybrook Capital, an estimated $2.23M sold.
Based on aggregated 13F filings for Q2 2021.