Invesco Trust for Investment Grade New York Municipals
VTN
27 hedge funds and large institutions have $18.8M invested in Invesco Trust for Investment Grade New York Municipals in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 8 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
8% more capital invested
Capital invested by funds: $17.5M → $18.8M (+$1.37M)
0.09% less ownership
Funds ownership: 7.51% → 7.43% (-0.09%)
18% less funds holding
Funds holding: 33 → 27 (-6)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$2.19M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$494K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$274K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$160K |
| 5 |
FA
FDx Advisors
Chicago,
Illinois
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.64M |
| 2 |
Morgan Stanley
New York
|
-$338K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$327K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$230K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$192K |
VTN Hedge Fund Activity: Q1 2019 in Review
27 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q1 2019, worth a combined $18.8M — up 7.8% from $17.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of VTN and 3 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 9 added.
The largest buyer was Claybrook Capital, opening a new position worth an estimated $2.19M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.64M sold.
- 27 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q1 2019, down from 33 in Q4 2018.
- Funds reported $18.8M of Invesco Trust for Investment Grade New York Municipals stock for Q1 2019, up 7.8% quarter-over-quarter.
- 3 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q1 2019 and 8 closed out, a net change of -5 holders.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q1 2019 was Claybrook Capital, an estimated $2.19M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q1 2019 was Robinson Capital Management, an estimated $1.64M sold.
Based on aggregated 13F filings for Q1 2019.