Invesco Trust for Investment Grade New York Municipals
VTN
34 hedge funds and large institutions have $38.5M invested in Invesco Trust for Investment Grade New York Municipals in 2022 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 3 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 33 → 34 (+1)
1.06% more ownership
Funds ownership: 17.27% → 18.34% (+1.1%)
1% less capital invested
Capital invested by funds: $39M → $38.5M (-$523K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.48M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$859K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$402K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$279K |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$529K |
| 2 |
Morgan Stanley
New York
|
-$478K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$351K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$245K |
| 5 |
HA
Herold Advisors
New York
|
-$61.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
AQR Arbitrage
Greenwich,
Connecticut
| $118K | +$119K | +10,997 | New |
|
27
Wells Fargo
San Francisco,
California
| $115K | +$11K | +1,016 | +11% |
|
28
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $113K | -$18.4K | -1,702 | -14% |
|
|
CS
29
Credit Suisse
Zurich,
Switzerland
| $96K | +$104K | +9,644 | New |
|
30
Cohen & Steers
New York
| $81K | – | – | – |
|
|
SWM
31
SeaCrest Wealth Management
Purchase,
New York
| $16K | +$16.2K | +1,500 | New |
|
|
FWM
32
Focused Wealth Management
Newburgh,
New York
| $13K | +$151 | +14 | +1% |
|
|
HCM
33
Highlander Capital Management
Short Hills,
New Jersey
| $11K | – | – | – |
|
|
APA
34
American Portfolios Advisors
Holbrook,
New York
| $8.48K | – | – | – |
|
|
RJA
35
Raymond James & Associates
St Petersburg,
Florida
| – | -$245K | -21,101 | Closed |
|
|
HA
36
Herold Advisors
New York
| – | -$61.6K | -5,318 | Closed |
|
|
LWCFA
37
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$50K | -4,317 | Closed |
|
VTN Hedge Fund Activity: Q2 2022 in Review
34 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q2 2022, worth a combined $38.5M — down 1.3% from $39M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new VTN positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.48M. The largest seller was Guggenheim Capital, cutting an estimated $529K.
- 34 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q2 2022, up from 33 in Q1 2022.
- Funds reported $38.5M of Invesco Trust for Investment Grade New York Municipals stock for Q2 2022, down 1.3% quarter-over-quarter.
- 4 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q2 2022 and 3 closed out, a net change of +1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q2 2022 was Karpus Investment Management, an estimated $1.48M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q2 2022 was Guggenheim Capital, an estimated $529K sold.
Based on aggregated 13F filings for Q2 2022.