Invesco Trust for Investment Grade New York Municipals
VTN
33 hedge funds and large institutions have $42.1M invested in Invesco Trust for Investment Grade New York Municipals in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
9% more capital invested
Capital invested by funds: $38.6M → $42.1M (+$3.45M)
1.27% more ownership
Funds ownership: 15.19% → 16.47% (+1.3%)
8% less funds holding
Funds holding: 36 → 33 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.79M |
| 2 |
SCM
Saba Capital Management
New York
|
+$303K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$271K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$172K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$886K |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$689K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$273K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$210K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$190K |
VTN Hedge Fund Activity: Q1 2021 in Review
33 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q1 2021, worth a combined $42.1M — up 8.9% from $38.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of VTN and 4 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 14 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.79M. The largest seller was Robinson Capital Management, cutting an estimated $886K.
- 33 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q1 2021, down from 36 in Q4 2020.
- Funds reported $42.1M of Invesco Trust for Investment Grade New York Municipals stock for Q1 2021, up 8.9% quarter-over-quarter.
- 4 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q1 2021 and 6 closed out, a net change of -2 holders.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q1 2021 was Karpus Investment Management, an estimated $1.79M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q1 2021 was Robinson Capital Management, an estimated $886K sold.
Based on aggregated 13F filings for Q1 2021.