Invesco Trust for Investment Grade New York Municipals
VTN
37 hedge funds and large institutions have $51.7M invested in Invesco Trust for Investment Grade New York Municipals in 2023 Q3 according to their latest regulatory filings, with 4 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
2.93% more ownership
Funds ownership: 26.17% → 29.09% (+2.9%)
0% more funds holding
Funds holding: 37 → 37 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
1% less capital invested
Capital invested by funds: $52.2M → $51.7M (-$475K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.09M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$797K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$640K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$489K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$431K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.37M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
-$1.06M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.05M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$662K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$263K |
VTN Hedge Fund Activity: Q3 2023 in Review
37 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q3 2023, worth a combined $51.7M — down 0.91% from $52.2M a quarter earlier.
Fund positioning in VTN was balanced in Q3 2023: 4 funds opened new positions, 4 closed out, 14 added to existing stakes and 7 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $7.09M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.37M sold.
- 37 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $51.7M of Invesco Trust for Investment Grade New York Municipals stock for Q3 2023, down 0.91% quarter-over-quarter.
- 4 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q3 2023 and 4 closed out, a net change of 0 holders.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q3 2023 was Saba Capital Management, an estimated $7.09M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q3 2023 was Rivernorth Capital Management, an estimated $1.37M sold.
Based on aggregated 13F filings for Q3 2023.