Invesco Trust for Investment Grade New York Municipals
VTN
26 hedge funds and large institutions have $15.6M invested in Invesco Trust for Investment Grade New York Municipals in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0% more funds holding
Funds holding: 26 → 26 (0)
1.17% less ownership
Funds ownership: 6.67% → 5.5% (-1.2%)
36% less capital inflows, than outflows
Capital inflows: $3.48M | Capital outflows: $5.47M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.22M |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
+$856K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$420K |
| 4 |
LPL Financial
San Diego,
California
|
+$269K |
| 5 |
Laurion Capital Management
New York
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
-$3.69M |
| 2 |
Morgan Stanley
New York
|
-$1.15M |
| 3 |
Landscape Capital Management
Englewood,
New Jersey
|
-$207K |
| 4 |
Credit Suisse
Zurich,
Switzerland
|
-$169K |
| 5 |
AQR Arbitrage
Greenwich,
Connecticut
|
-$164K |
VTN Hedge Fund Activity: Q4 2015 in Review
26 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q4 2015, worth a combined $15.6M — down 13% from $17.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new VTN positions and 4 closed out — a net gain of 1 holder — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $1.22M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $3.69M sold.
- 26 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $15.6M of Invesco Trust for Investment Grade New York Municipals stock for Q4 2015, down 13% quarter-over-quarter.
- 5 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q4 2015 and 4 closed out, a net change of +1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q4 2015 was Fiera Capital (Canada), an estimated $1.22M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q4 2015 was Karpus Investment Management, an estimated $3.69M sold.
Based on aggregated 13F filings for Q4 2015.