Invesco Trust for Investment Grade New York Municipals
VTN
36 hedge funds and large institutions have $76.9M invested in Invesco Trust for Investment Grade New York Municipals in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 4 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
8% more capital invested
Capital invested by funds: $71M → $76.9M (+$5.91M)
1.75% more ownership
Funds ownership: 35.03% → 36.78% (+1.8%)
3% less funds holding
Funds holding: 37 → 36 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.27M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.14M |
| 3 |
SMH
Sanders Morris Harris
Houston,
Texas
|
+$412K |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$386K |
| 5 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.48M |
| 2 |
Morgan Stanley
New York
|
-$1.39M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$631K |
| 4 |
Lido Advisors
Los Angeles,
California
|
-$396K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$373K |
VTN Hedge Fund Activity: Q1 2024 in Review
36 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q1 2024, worth a combined $76.9M — up 8.3% from $71M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of VTN and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 14 added.
The largest buyer was Sit Investment Associates, adding an estimated $6.27M. The largest seller was Logan Stone Capital, cutting an estimated $1.48M.
- 36 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q1 2024, down from 37 in Q4 2023.
- Funds reported $76.9M of Invesco Trust for Investment Grade New York Municipals stock for Q1 2024, up 8.3% quarter-over-quarter.
- 3 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q1 2024 and 4 closed out, a net change of -1 holder.
- The largest Invesco Trust for Investment Grade New York Municipals buyer in Q1 2024 was Sit Investment Associates, an estimated $6.27M added.
- The largest Invesco Trust for Investment Grade New York Municipals seller in Q1 2024 was Logan Stone Capital, an estimated $1.48M sold.
Based on aggregated 13F filings for Q1 2024.