Invesco Trust for Investment Grade New York Municipals
VTN
35 hedge funds and large institutions have $35.3M invested in Invesco Trust for Investment Grade New York Municipals in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 3 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 14 | 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: 34 → 35 (+1)
0.54% more ownership
Funds ownership: 18.34% → 18.88% (+0.54%)
8% less capital invested
Capital invested by funds: $38.5M → $35.3M (-$3.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.61M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$506K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$248K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$188K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.05M |
| 2 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$462K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$226K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$113K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $129K | +$30.9K | +2,901 | +27% |
|
27
Creative Planning
Overland Park,
Kansas
| $106K | – | – | – |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| $103K | +$115K | +10,812 | New |
|
|
QC
29
Quantedge Capital
Singapore
| $100K | +$112K | +10,500 | New |
|
|
RJA
30
Raymond James & Associates
St Petersburg,
Florida
| $98K | +$109K | +10,234 | New |
|
|
CS
31
Credit Suisse
Zurich,
Switzerland
| $92K | – | – | – |
|
32
Cohen & Steers
New York
| $72K | – | – | – |
|
|
FWM
33
Focused Wealth Management
Newburgh,
New York
| $12K | +$160 | +15 | +1% |
|
|
HCM
34
Highlander Capital Management
Short Hills,
New Jersey
| $10K | – | – | – |
|
|
APA
35
American Portfolios Advisors
Holbrook,
New York
| $7.53K | – | – | – |
|
|
SMH
36
Sanders Morris Harris
Houston,
Texas
| – | -$462K | -42,502 | Closed |
|
|
37
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$113K | -10,532 | Closed |
|
|
SWM
38
SeaCrest Wealth Management
Purchase,
New York
| – | -$16K | -1,500 | Closed |
|
VTN Hedge Fund Activity: Q3 2022 in Review
35 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q3 2022, worth a combined $35.3M — down 8.3% from $38.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new VTN positions and 3 closed out — a net gain of 1 holder — while 14 added to existing stakes and 6 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.61M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.05M.
- 35 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q3 2022, up from 34 in Q2 2022.
- Funds reported $35.3M of Invesco Trust for Investment Grade New York Municipals stock for Q3 2022, down 8.3% quarter-over-quarter.
- 4 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q3 2022 and 3 closed out, a net change of +1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q3 2022 was Karpus Investment Management, an estimated $1.61M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q3 2022 was Rivernorth Capital Management, an estimated $1.05M sold.
Based on aggregated 13F filings for Q3 2022.