Invesco Trust for Investment Grade New York Municipals
VTN
33 hedge funds and large institutions have $28M invested in Invesco Trust for Investment Grade New York Municipals in 2024 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
6% more funds holding
Funds holding: 31 → 33 (+2)
21.31% less ownership
Funds ownership: 35.05% → 13.75% (-21%)
64% less capital invested
Capital invested by funds: $78.7M → $28M (-$50.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ATS
Ashton Thomas Securities
Rochester,
New York
|
+$743K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$700K |
| 3 |
AGM
Alpine Global Management
New York
|
+$533K |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$218K |
| 5 |
LPL Financial
San Diego,
California
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$28.7M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$17.1M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.63M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.41M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$758K |
VTN Hedge Fund Activity: Q4 2024 in Review
33 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q4 2024, worth a combined $28M — down 64% from $78.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new VTN positions and 7 closed out — a net gain of 2 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was Ashton Thomas Securities, adding an estimated $743K. The largest seller was Saba Capital Management, cutting an estimated $28.7M.
- 33 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q4 2024, up from 31 in Q3 2024.
- Funds reported $28M of Invesco Trust for Investment Grade New York Municipals stock for Q4 2024, down 64% quarter-over-quarter.
- 9 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q4 2024 and 7 closed out, a net change of +2 holders.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q4 2024 was Ashton Thomas Securities, an estimated $743K added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q4 2024 was Saba Capital Management, an estimated $28.7M sold.
Based on aggregated 13F filings for Q4 2024.