Invesco Trust for Investment Grade New York Municipals
VTN
33 hedge funds and large institutions have $39M invested in Invesco Trust for Investment Grade New York Municipals in 2022 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
1.1% more ownership
Funds ownership: 16.18% → 17.27% (+1.1%)
3% less funds holding
Funds holding: 34 → 33 (-1)
8% less capital invested
Capital invested by funds: $42.3M → $39M (-$3.3M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$872K |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$807K |
| 3 |
SMH
Sanders Morris Harris
Houston,
Texas
|
+$527K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$293K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$321K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$304K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$165K |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$140K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$98K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $120K | -$13.5K | -1,092 | -10% |
|
27
Wells Fargo
San Francisco,
California
| $112K | +$24.7K | +1,995 | +26% |
|
28
Cohen & Steers
New York
| $87K | -$37.2K | -3,000 | -29% |
|
|
HA
29
Herold Advisors
New York
| $61.6K | +$66K | +5,318 | New |
|
|
LWCFA
30
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $50K | – | – | – |
|
|
FWM
31
Focused Wealth Management
Newburgh,
New York
| $14K | +$174 | +14 | +1% |
|
|
HCM
32
Highlander Capital Management
Short Hills,
New Jersey
| $12K | – | – | – |
|
|
APA
33
American Portfolios Advisors
Holbrook,
New York
| $9.12K | – | – | – |
|
|
34
Invesco
Atlanta,
Georgia
| – | -$304K | -22,688 | Closed |
|
|
HKAM
35
Horizon Kinetics Asset Management
New York
| – | -$140K | -10,414 | Closed |
|
|
TJHA
36
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$98K | -7,286 | Closed |
|
|
CA
37
CoreCap Advisors
Southfield,
Michigan
| – | -$10K | -745 | Closed |
|
VTN Hedge Fund Activity: Q1 2022 in Review
33 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q1 2022, worth a combined $39M — down 7.8% from $42.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of VTN and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 14 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $872K. The largest seller was Royal Bank of Canada, cutting an estimated $321K.
- 33 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q1 2022, down from 34 in Q4 2021.
- Funds reported $39M of Invesco Trust for Investment Grade New York Municipals stock for Q1 2022, down 7.8% quarter-over-quarter.
- 3 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q1 2022 and 4 closed out, a net change of -1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q1 2022 was Rivernorth Capital Management, an estimated $872K added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q1 2022 was Royal Bank of Canada, an estimated $321K sold.
Based on aggregated 13F filings for Q1 2022.