Invesco Senior Income Trust
VVR
113 hedge funds and large institutions have $358M invested in Invesco Senior Income Trust in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 30 reducing their positions, and 17 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
27% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 30
22% more capital invested
Capital invested by funds: $294M → $358M (+$64.3M)
2.85% more ownership
Funds ownership: 44.55% → 47.4% (+2.9%)
6% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 17
3% less funds holding
Funds holding: 116 → 113 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$27.5M |
| 2 |
Morgan Stanley
New York
|
+$13.4M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$6.6M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.33M |
| 5 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$3.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
-$12.5M |
| 2 |
JP Morgan Chase
New York
|
-$9.75M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.86M |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$1.75M |
VVR Hedge Fund Activity: Q1 2019 in Review
113 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Invesco Senior Income Trust (VVR) for Q1 2019, worth a combined $358M — up 22% from $294M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of VVR and 16 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 38 added.
The largest buyer was Saba Capital Management, adding an estimated $27.5M. The largest seller was Restructuring Capital Associates, cutting an estimated $12.5M.
- 113 institutional investors held Invesco Senior Income Trust (VVR) as of Q1 2019, down from 116 in Q4 2018.
- Funds reported $358M of Invesco Senior Income Trust stock for Q1 2019, up 22% quarter-over-quarter.
- 16 funds opened new Invesco Senior Income Trust positions in Q1 2019 and 17 closed out, a net change of -1 holder.
- The largest Invesco Senior Income Trust buyer in Q1 2019 was Saba Capital Management, an estimated $27.5M added.
- The largest Invesco Senior Income Trust seller in Q1 2019 was Restructuring Capital Associates, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2019.