Invesco Trust for Investment Grade New York Municipals
VTN
38 hedge funds and large institutions have $45.5M invested in Invesco Trust for Investment Grade New York Municipals in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
29% more capital invested
Capital invested by funds: $35.3M → $45.5M (+$10.2M)
9% more funds holding
Funds holding: 35 → 38 (+3)
4.16% more ownership
Funds ownership: 18.88% → 23.05% (+4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.08M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.42M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.37M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.17M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$529K |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$503K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$441K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$218K |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$126K |
VTN Hedge Fund Activity: Q4 2022 in Review
38 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q4 2022, worth a combined $45.5M — up 29% from $35.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new VTN positions and 4 closed out — a net gain of 4 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $3.08M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $529K sold.
- 38 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q4 2022, up from 35 in Q3 2022.
- Funds reported $45.5M of Invesco Trust for Investment Grade New York Municipals stock for Q4 2022, up 29% quarter-over-quarter.
- 8 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q4 2022 and 4 closed out, a net change of +4 holders.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q4 2022 was Fiera Capital (Canada), an estimated $3.08M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q4 2022 was Rivernorth Capital Management, an estimated $529K sold.
Based on aggregated 13F filings for Q4 2022.