INVESCO MUNICIPAL TRUST VKQ
COM · Closed-End Fund · CUSIP 46131J103
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($895.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.44.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 91 |
| Q4 2022 | 94 |
| Q1 2023 | 82 |
| Q2 2023 | 84 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 42 | 29 |
| Q1 2023 | 27 | 37 |
| Q2 2023 | 32 | 30 |
Biggest buyers
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Added | +227.5k |
| Hennion & Walsh Asset Management, Inc. | Added | +150.0k |
| Bramshill Investments, LLC | Added | +144.1k |
| SIT INVESTMENT ASSOCIATES INC | Added | +121.2k |
| AQR Arbitrage LLC | Added | +54.8k |
| ROYAL BANK OF CANADA | Added | +51.8k |
| Merit Financial Group, LLC | New | +30.3k |
| Bank of New York Mellon Corp | New | +27.5k |
| Logan Stone Capital, LLC | Added | +26.2k |
| LPL Financial LLC | Added | +21.9k |
Biggest sellers
| UBS Group AG | Reduced | -105.2k |
| SMITH, MOORE & CO. | Sold out | -89.8k |
| RAYMOND JAMES & ASSOCIATES | Reduced | -41.4k |
| WELLS FARGO & COMPANY/MN | Reduced | -40.2k |
| Invesco Ltd. | Sold out | -35.5k |
| Financial Advocates Investment Management | Sold out | -30.3k |
| GUGGENHEIM CAPITAL LLC | Reduced | -28.1k |
| Edge Capital Group, LLC | Sold out | -26.7k |
| COMMONWEALTH EQUITY SERVICES, LLC | Reduced | -24.2k |
| HighTower Advisors, LLC | Reduced | -23.8k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Toronto Dominion Investments, Inc. 13D · may seek influence filed 2025-08-07 | 100.0% |
Fell to 5% or below in the last year: RIVERNORTH CAPITAL MANAGEMENT, LLC (5.0%, 2026-08-14)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Karpus Management, Inc. 0.89% of their portfolio | 3.0m $28.3m | Reduced -14.5k |
| SIT INVESTMENT ASSOCIATES INC 0.53% of their portfolio | 2.1m $20.2m | Added +121.2k |
| Bramshill Investments, LLC 1.62% of their portfolio | 1.9m $17.8m | Added +144.1k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $12.0m | Reduced -14.6k |
| UBS Group AG 0.00% of their portfolio | 1.1m $10.5m | Reduced -105.2k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.37% of their portfolio | 790.3k $7.5m | Added +227.5k |
| GUGGENHEIM CAPITAL LLC 0.06% of their portfolio | 740.3k $7.0m | Reduced -28.1k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 374.5k $3.5m | Added +17.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 311.2k $2.9m | Reduced -40.2k |
| JFS WEALTH ADVISORS, LLC 0.22% of their portfolio | 254.0k $2.4m | Added +112 |
| BlackRock Inc. 0.00% of their portfolio | 244.3k $2.3m | Unchanged |
| Hennion & Walsh Asset Management, Inc. 0.13% of their portfolio | 224.8k $2.1m | Added +150.0k |
| AQR Arbitrage LLC 0.09% of their portfolio | 215.4k $2.0m | Added +54.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 211.0k $2.0m | Reduced -8.4k |
| ROBINSON CAPITAL MANAGEMENT, LLC 0.84% of their portfolio | 198.9k $1.9m | Added +10.8k |
| LPL Financial LLC 0.00% of their portfolio | 181.2k $1.7m | Added +21.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 164.3k $1.6m | Added +51.8k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 148.0k $1.4m | First filing |
| Capital Investment Advisors, LLC 0.04% of their portfolio | 133.2k $1.3m | Added +12.5k |
| Logan Stone Capital, LLC 0.39% of their portfolio | 122.9k $1.2m | Added +26.2k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 111.5k $1.1m | Added +644 |
| Dakota Wealth Management 0.04% of their portfolio | 95.0k $895.5k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 70.5k $665.0k | Reduced -24.2k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 63.2k $596.0k | Reduced -700 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 62.3k $587.8k | Reduced -18.2k |
| Wealth Alliance Advisory Group, LLC 0.19% of their portfolio | 55.9k $526.7k | Reduced -12.0k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 53.5k $504.2k | Reduced -41.4k |
| RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio | 53.2k $501.7k | Reduced -4.6k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 43.5k $411.0k | Added +8.8k |
| BOKF, NA 0.01% of their portfolio | 43.5k $410.2k | Unchanged |
| MELFA WEALTH MANAGEMENT, INC. 0.34% of their portfolio | 35.5k $335.1k | Added +188 |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 30.7k $289.8k | Reduced -5.0k |
| Merit Financial Group, LLC 0.01% of their portfolio | 30.3k $286.2k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 27.5k $259.3k | New |
| Compass Financial Group, INC/SD 0.07% of their portfolio | 24.3k $229.6k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 24.3k $229.1k | Added +2.8k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.03% of their portfolio | 23.7k $223.5k | Added +8.6k |
| Penbrook Management LLC 0.14% of their portfolio | 20.0k $188.6k | Unchanged |
| Sheaff Brock Investment Advisors, LLC 0.02% of their portfolio | 20.0k $188.6k | Unchanged |
| COHEN & STEERS, INC. 0.00% of their portfolio | 18.0k $170.0k | Unchanged |
| Virtu Financial LLC 0.01% of their portfolio | 17.8k $168.0k | New |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 17.3k $163.1k | Reduced -1.4k |
| HighTower Advisors, LLC 0.00% of their portfolio | 16.7k $157.0k | Reduced -23.8k |
| Prospera Financial Services Inc 0.01% of their portfolio | 16.5k $156.0k | Reduced -1.2k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 16.1k $152.2k | Unchanged |
| Woodline Partners LP 0.00% of their portfolio | 15.9k $149.8k | Added +1.2k |
| Institute for Wealth Management, LLC. 0.03% of their portfolio | 15.4k $145.2k | Unchanged |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 15.2k $143.8k | Unchanged |
| NCM Capital Management, LLC 0.10% of their portfolio | 15.1k $142.2k | Unchanged |
| Beverly Hills Private Wealth, LLC 0.02% of their portfolio | 14.5k $135.1k | Added +91 |
| NOMURA HOLDINGS INC 0.00% of their portfolio | 13.5k $127.3k | Added +3.5k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 13.5k $127.3k | Unchanged |
| Wealthcare Advisory Partners LLC 0.01% of their portfolio | 12.9k $121.4k | New |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 12.5k $118.1k | Unchanged |
| Private Advisor Group, LLC 0.00% of their portfolio | 12.5k $117.5k | Reduced -2.4k |
| XML Financial, LLC 0.01% of their portfolio | 11.9k $112.0k | Unchanged |
| Cerity Partners LLC 0.00% of their portfolio | 11.4k $107.1k | New |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio | 11.0k $103.7k | Unchanged |
| Moors & Cabot, Inc. 0.01% of their portfolio | 10.8k $101.6k | New |
| Busey Bank 0.00% of their portfolio | 10.2k $96.5k | Reduced -501 |
| Modera Wealth Management, LLC 0.00% of their portfolio | 10.1k $94.9k | Unchanged |
| Financial Engines Advisors L.L.C. 0.00% of their portfolio | 10.0k $94.5k | New |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 9.0k $84.4k | Unchanged |
| Compass Wealth Management LLC 0.02% of their portfolio | 7.7k $72.8k | New |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 7.1k $67.2k | Unchanged |
| Tradewinds Capital Management, LLC 0.02% of their portfolio | 6.0k $56.5k | Unchanged |
| Highlander Capital Management, LLC 0.03% of their portfolio | 5.8k $54.0k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 3.8k $35.6k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 3.2k $30.6k | New |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio | 2.8k $27.0k | Unchanged |
| Horan Securities, Inc. 0.01% of their portfolio | 2.6k $24.4k | Unchanged |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 2.4k $22.9k | Unchanged |
| Prestige Wealth Management Group LLC 0.00% of their portfolio | 1.8k $17.4k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 1.6k $14.6k | Unchanged |
| AdvisorNet Financial, Inc 0.00% of their portfolio | 1.5k $14.1k | Unchanged |
| PIN OAK INVESTMENT ADVISORS INC 0.01% of their portfolio | 1.2k $11.0k | Unchanged |
| Fiduciary Alliance LLC 0.00% of their portfolio | 665 $6.3k | New |
| Allworth Financial LP 0.00% of their portfolio | 500 $4.7k | Unchanged |
| NORTHWEST INVESTMENT COUNSELORS, LLC 0.00% of their portfolio | 479 $4.5k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 472 $4.5k | New |
| FMR LLC 0.00% of their portfolio | 3 $28 | New |
| ASSETMARK, INC 0.00% of their portfolio | 1 $6 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |
| M&R CAPITAL MANAGEMENT INC 0.00% of their portfolio | 0 $0 | Reduced -2.0k |