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Invesco Trust for Investment Grade New York Municipals

22 hedge funds and large institutions have $12.4M invested in Invesco Trust for Investment Grade New York Municipals in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 5

46% more capital invested

Capital invested by funds: $8.48M → $12.4M (+$3.94M)

1.02% more ownership

Funds ownership: 3.03%4.04% (+1%)

0% more funds holding

Funds holding: 2222 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

Holders
22
Holders Change
Holders Change %
0%
% of All Funds
0.64%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
10
Reduced
5
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Geode Capital Management
1
Geode Capital Management
Massachusetts
$1.41M
HK
2
Horizon Kinetics
New York
$1.15M -$35.7K -2,600 -3%
Wells Fargo
3
Wells Fargo
California
$1.12M +$125K +9,121 +12%
WAM
4
Wolverine Asset Management
Illinois
$1.1M +$890K +64,778 +379%
GC
5
Guggenheim Capital
Illinois
$1.07M +$136K +9,873 +14%
DA
6
Doliver Advisors
Texas
$874K +$667K +48,573 +292%
Morgan Stanley
7
Morgan Stanley
New York
$862K -$255K -18,553 -22%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$594K +$41.2K +3,000 +7%
KIM
9
Karpus Investment Management
New York
$563K +$577K +41,985 New
LCM
10
Landscape Capital Management
New Jersey
$461K +$472K +34,347 New
Invesco
11
Invesco
Georgia
$457K
SRC
12
Shufro Rose & Co
New York
$435K -$20.6K -1,500 -4%
U
13
UBS
Switzerland
$400K -$20.6K -1,502 -5%
LPL Financial
14
LPL Financial
California
$339K +$19.3K +1,403 +6%
LTFS
15
Ladenburg Thalmann Financial Services
Florida
$323K +$113K +8,252 +52%
LCM
16
Lucas Capital Management
New Jersey
$301K
HCA
17
Harbour Capital Advisors
Virginia
$227K -$41.2K -3,000 -15%
EFS
18
Essex Financial Services
Connecticut
$205K
MFS
19
MSI Financial Services
Massachusetts
$145K +$2.07K +151 +1%
PNC Financial Services Group
20
PNC Financial Services Group
Pennsylvania
$144K +$137K +10,000 +1,250%
SIA
21
Sit Investment Associates
Minnesota
$129K
Creative Planning
22
Creative Planning
Kansas
$67K +$68.7K +5,000 New
FWM
23
Focused Wealth Management
New York
$26K
Bank of America
24
Bank of America
North Carolina
$23K +$13.7K +1,000 +137%
CS
25
Credit Suisse
Switzerland
-$143K -10,044 Closed

VTN Hedge Fund Activity: Q3 2014 in Review

22 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q3 2014, worth a combined $12.4M — up 46% from $8.48M a quarter earlier.

Fund positioning in VTN was balanced in Q3 2014: 3 funds opened new positions, 3 closed out, 10 added to existing stakes and 5 trimmed.

The largest buyer was Wolverine Asset Management, adding an estimated $890K. The largest seller was Morgan Stanley, cutting an estimated $255K.

  • 22 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q3 2014, unchanged from Q2 2014.
  • Funds reported $12.4M of Invesco Trust for Investment Grade New York Municipals stock for Q3 2014, up 46% quarter-over-quarter.
  • 3 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q3 2014 and 3 closed out, a net change of 0 holders.
  • The largest Invesco Trust for Investment Grade New York Municipals buyer in Q3 2014 was Wolverine Asset Management, an estimated $890K added.
  • The largest Invesco Trust for Investment Grade New York Municipals seller in Q3 2014 was Morgan Stanley, an estimated $255K sold.

Based on aggregated 13F filings for Q3 2014.