Invesco Trust for Investment Grade New York Municipals
VTN
37 hedge funds and large institutions have $47.2M invested in Invesco Trust for Investment Grade New York Municipals in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 5 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
4% more capital invested
Capital invested by funds: $45.5M → $47.2M (+$1.7M)
0.26% more ownership
Funds ownership: 23.05% → 23.31% (+0.26%)
3% less funds holding
Funds holding: 38 → 37 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.44M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$684K |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$372K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$211K |
| 5 |
SCM
Saba Capital Management
New York
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$999K |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$511K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$405K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$377K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$199K |
VTN Hedge Fund Activity: Q1 2023 in Review
37 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q1 2023, worth a combined $47.2M — up 3.7% from $45.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of VTN and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 12 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.44M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $999K.
- 37 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q1 2023, down from 38 in Q4 2022.
- Funds reported $47.2M of Invesco Trust for Investment Grade New York Municipals stock for Q1 2023, up 3.7% quarter-over-quarter.
- 4 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q1 2023 and 5 closed out, a net change of -1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q1 2023 was Sit Investment Associates, an estimated $1.44M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q1 2023 was Hennion & Walsh Asset Management, an estimated $999K sold.
Based on aggregated 13F filings for Q1 2023.