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Invesco Trust for Investment Grade New York Municipals

33 hedge funds and large institutions have $82.1M invested in Invesco Trust for Investment Grade New York Municipals in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

7% more capital invested

Capital invested by funds: $76.9M → $82.1M (+$5.14M)

0.61% more ownership

Funds ownership: 36.78%37.39% (+0.61%)

8% less funds holding

Funds holding: 3633 (-3)

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

Holders
33
Holders Change
-3
Holders Change %
-8.33%
% of All Funds
0.48%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
13
Reduced
10
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$31M +$65 +6 +0%
SIA
2
Sit Investment Associates
Minnesota
$22M +$3.67M +340,895 +21%
GC
3
Guggenheim Capital
Illinois
$4.63M +$80.3K +7,454 +2%
RCM
4
Robinson Capital Management
Michigan
$3.09M -$1.17M -108,731 -28%
HWAM
5
Hennion & Walsh Asset Management
New Jersey
$2.56M +$72K +6,684 +3%
Bank of America
6
Bank of America
North Carolina
$2.39M +$180K +16,727 +9%
RCM
7
Rivernorth Capital Management
Florida
$1.83M +$688K +63,854 +65%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$1.8M -$48.5K -4,500 -3%
LSC
9
Logan Stone Capital
Illinois
$1.46M -$1.16M -107,495 -45%
Morgan Stanley
10
Morgan Stanley
New York
$1.39M -$25.3K -2,350 -2%
WA
11
Whitebox Advisors
Minnesota
$1.35M +$902K +83,766 +229%
Lido Advisors
12
Lido Advisors
California
$1.14M -$342K -31,800 -24%
AA
13
AQR Arbitrage
Connecticut
$1.11M -$346K -32,155 -25%
AC
14
Almitas Capital
California
$1.09M -$623K -57,891 -37%
FPCP
15
Fort Point Capital Partners
California
$860K +$55.6K +5,159 +7%
ATS
16
Ashton Thomas Securities
New York
$725K +$490K +45,500 New
TJHA
17
Thomas J. Herzfeld Advisors
Florida
$452K +$187K +17,382 +76%
SMH
18
Sanders Morris Harris
Texas
$438K
Stifel Financial
19
Stifel Financial
Missouri
$424K +$9.19K +853 +2%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$356K +$808 +75 +0.2%
UBS Group
21
UBS Group
Switzerland
$314K -$86K -7,987 -22%
Osaic Holdings
22
Osaic Holdings
Arizona
$232K -$10.5K -971 -4%
PGFC
23
Peapack-Gladstone Financial Corp
New Jersey
$225K
SRC
24
Shufro Rose & Co
New York
$225K
CICC
25
Capital Investment Counsel (Colorado)
Colorado
$180K +$172K +16,000 New

VTN Hedge Fund Activity: Q2 2024 in Review

33 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Invesco Trust for Investment Grade New York Municipals (VTN) for Q2 2024, worth a combined $82.1M — up 6.7% from $76.9M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of VTN and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 13 added.

The largest buyer was Sit Investment Associates, adding an estimated $3.67M. The largest seller was Robinson Capital Management, cutting an estimated $1.17M.

  • 33 institutional investors held Invesco Trust for Investment Grade New York Municipals (VTN) as of Q2 2024, down from 36 in Q1 2024.
  • Funds reported $82.1M of Invesco Trust for Investment Grade New York Municipals stock for Q2 2024, up 6.7% quarter-over-quarter.
  • 3 funds opened new Invesco Trust for Investment Grade New York Municipals positions in Q2 2024 and 5 closed out, a net change of -2 holders.
  • The largest Invesco Trust for Investment Grade New York Municipals buyer in Q2 2024 was Sit Investment Associates, an estimated $3.67M added.
  • The largest Invesco Trust for Investment Grade New York Municipals seller in Q2 2024 was Robinson Capital Management, an estimated $1.17M sold.

Based on aggregated 13F filings for Q2 2024.