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Invesco Trust for Investment Grade New York Municipals

35 hedge funds and large institutions have $26.8M invested in Invesco Trust for Investment Grade New York Municipals in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

114% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 7

22% more capital invested

Capital invested by funds: $22M → $26.8M (+$4.88M)

6% more funds holding

Funds holding: 3335 (+2)

2% more ownership

Funds ownership: 9.31%11.31% (+2%)

Holders
35
Holders Change
+2
Holders Change %
+6.06%
% of All Funds
0.72%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
15
Reduced
7
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$6.51M +$1.81M +152,359 +40%
GC
2
Guggenheim Capital
Illinois
$3.94M +$158K +13,248 +4%
RCM
3
Robinson Capital Management
Michigan
$2.5M +$2.12M +177,871 +635%
CC
4
Claybrook Capital
Massachusetts
$2.08M
Morgan Stanley
5
Morgan Stanley
New York
$1.49M +$181K +15,203 +14%
Bank of America
6
Bank of America
North Carolina
$1.48M -$538K -45,256 -27%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$1.24M -$459K -38,574 -27%
Invesco
8
Invesco
Georgia
$1.12M -$34.7K -2,920 -3%
ACA
9
Ackerman Capital Advisors
Texas
$947K +$925K +77,749 New
Osaic Holdings
10
Osaic Holdings
Arizona
$850K +$1.83K +154 +0.2%
WAM
11
Wolverine Asset Management
Illinois
$734K +$613K +51,583 +591%
AA
12
AQR Arbitrage
Connecticut
$551K +$161K +13,510 +43%
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$513K
CRC
14
Curi RMB Capital
Illinois
$509K +$367K +30,824 +282%
LCM
15
Lucas Capital Management
New Jersey
$263K
MML Investors Services
16
MML Investors Services
Massachusetts
$223K +$23.2K +1,955 +12%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$220K -$18.3K -1,536 -8%
LCM
18
Landscape Capital Management
New Jersey
$219K -$7.31K -615 -3%
RJA
19
Raymond James & Associates
Florida
$198K +$46.1K +3,874 +31%
SIA
20
Sit Investment Associates
Minnesota
$189K
EFS
21
Essex Financial Services
Connecticut
$186K
UBS Group
22
UBS Group
Switzerland
$185K -$568K -47,800 -76%
Creative Planning
23
Creative Planning
Kansas
$135K
HKAM
24
Horizon Kinetics Asset Management
New York
$127K
Wells Fargo
25
Wells Fargo
California
$88K +$47.7K +4,014 +125%

VTN Hedge Fund Activity: Q2 2020 in Review

35 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q2 2020, worth a combined $26.8M — up 22% from $22M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new VTN positions and 1 closed out — a net gain of 2 holders — while 15 added to existing stakes and 7 trimmed.

The largest buyer was Robinson Capital Management, adding an estimated $2.12M. The largest seller was UBS Group, cutting an estimated $568K.

  • 35 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q2 2020, up from 33 in Q1 2020.
  • Funds reported $26.8M of Invesco Trust for Investment Grade New York Municipals stock for Q2 2020, up 22% quarter-over-quarter.
  • 3 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q2 2020 and 1 closed out, a net change of +2 holders.
  • The largest Invesco Trust for Investment Grade New York Municipals buyer in Q2 2020 was Robinson Capital Management, an estimated $2.12M added.
  • The largest Invesco Trust for Investment Grade New York Municipals seller in Q2 2020 was UBS Group, an estimated $568K sold.

Based on aggregated 13F filings for Q2 2020.