Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Quality Mun Income T (IQI)

104 + Investors. Track Smart Money conviction in IQI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
2Q ▲
Buyers last Q
57%

Smart Money Signals — IQI

Based on 104 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added IQI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (95% of max)

95% of all-time peak
104 hedge funds hold IQI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding IQI is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 57% buying

45 buying34 selling
Last quarter: 45 funds bought or added vs 34 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 11 → 14 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 23% medium ■ 16% new
63 out of 104 hedge funds have held IQI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

8 → 11 → 11 → 14 → 11 new funds/Q
New funds entering each quarter: 11 → 11 → 14 → 11. A growing number of institutions are discovering IQI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 66% of holders stayed 2+ years

■ 66% veterans ■ 14% 1-2yr ■ 19% new
Of 104 current holders: 69 (66%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
16 of 104 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — IQI

In 2026 Q1, 45 hedge funds were net buyers of IQI (11 opened a new position, 34 added to an existing one), while 34 reduced or exited (25 trimmed, 9 sold completely) — a 57% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 30% of total institutional value in IQI is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 104.

Hedge Fund Ownership: IQI

How many hedge funds hold IQI — quarterly history vs. share price
Quarterly hedge fund ownership of IQI vs. share price

Market Analysis: IQI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IQI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Invesco Quality Mun Income T (IQI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IQI has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
IQI
+3.7%
XLF
+1232.4%

IQI outperformed XLF by -1228.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
IQI
+3.1%
XLF
+5.8%

Since the filing became public, IQI outperformed XLF by -2.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: IQI
104 + Investors

Track Smart Money conviction in IQI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 104 102 1.96%
13F Shares 11M 12M -15.11%
Total Value $90M $124M -27.71%
New Positions 11 14 -3
Increased Positions 34 37 -3
Closed Positions 9 12 -3
Reduced Positions 25 14 +11
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: IQI

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Institutional Holders (2026 Q1)

104 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in IQI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 IQI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 North Ground Capital 1.51% 130,401 $1.3M
2 Robinson Capital Management, LLC 0.80% 195,032 $1.9M
3 Cottage Street Advisors LLC 0.27% 65,000 $625K
4 Hennion & Walsh Asset Management, Inc. 0.26% 814,720 $7.8M
5 Hardin Capital Partners, LLC 0.15% 32,500 $313K
6 Davis Investment Partners, LLC 0.14% 41,578 $400K
7 Pathfinder Wealth Consulting, Inc. 0.13% 20,080 $193K
8 Fortitude Advisory Group L.L.C. 0.09% 20,861 $201K
9 Melfa Wealth Management, INC. 0.08% 15,344 $148K
10 Guggenheim Capital LLC 0.08% 1,128,476 $10.9M
11 Jfs Wealth Advisors, LLC 0.08% 144,837 $1.4M
12 Alpine Global Management, LLC 0.07% 47,726 $459K
13 Successful Portfolios LLC 0.07% 13,249 $124K
14 Kercheville Advisors, LLC 0.06% 21,000 $202K
15 Petra Financial Advisors Inc 0.06% 10,000 $96K
16 River Street Advisors LLC 0.05% 15,215 $146K
17 Centaurus Financial, INC. 0.05% 103,781 $998K
18 Advisors Asset Management, Inc. 0.04% 247,604 $2.4M
19 Tyche Wealth Partners LLC 0.04% 23,959 $230K
20 Compass Financial Group, INC/SD 0.03% 24,369 $234K
21 IFG Advisory, LLC 0.03% 1,054 $10K
22 IFP Advisors, Inc 0.02% 124,151 $1.2M
23 Citizens National Bank Trust Department 0.02% 11,900 $114K
24 Noble Wealth Management PBC 0.02% 3,500 $34K
25 Cornerstone Wealth Management, LLC 0.01% 30,682 $295K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Invesco Quality Mun Income T (IQI)

What does the Smart Money Trend signal show for IQI?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added IQI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for IQI?

Slight buying edge — 57% buying: Last quarter: 45 funds bought or added vs 34 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for IQI holders?

Strong quality — 30% AUM from major funds: 16 of 104 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held IQI?

61% of holders stayed for 2+ years: 63 out of 104 hedge funds have held IQI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Invesco Quality Mun Income T (IQI) following the 2026 Q1 hedge fund 13F filings?

As of today, IQI has moved +3.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of -2.7%. Since the quarter end (March 31, 2026), IQI has gained +3.7% vs +1232.4% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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