Invesco Trust for Investment Grade New York Municipals
VTN
25 hedge funds and large institutions have $16.8M invested in Invesco Trust for Investment Grade New York Municipals in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 3 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0.29% more ownership
Funds ownership: 5.77% → 6.06% (+0.29%)
4% less funds holding
Funds holding: 26 → 25 (-1)
10% less capital invested
Capital invested by funds: $18.6M → $16.8M (-$1.81M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$787K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$582K |
| 3 |
Morgan Stanley
New York
|
+$476K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$313K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.35M |
| 2 |
WRM
Westport Resources Management
Westport,
Connecticut
|
-$249K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$117K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$82.1K |
| 5 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
-$78K |
VTN Hedge Fund Activity: Q2 2015 in Review
25 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q2 2015, worth a combined $16.8M — down 9.7% from $18.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of VTN and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.
The largest buyer was Guggenheim Capital, adding an estimated $787K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.35M sold.
- 25 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q2 2015, down from 26 in Q1 2015.
- Funds reported $16.8M of Invesco Trust for Investment Grade New York Municipals stock for Q2 2015, down 9.7% quarter-over-quarter.
- 2 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q2 2015 and 3 closed out, a net change of -1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q2 2015 was Guggenheim Capital, an estimated $787K added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q2 2015 was Wolverine Asset Management, an estimated $1.35M sold.
Based on aggregated 13F filings for Q2 2015.