Invesco Municipal Trust (VKQ) Hedge Fund Ownership (Q2 2026)

Invesco Municipal Trust (VKQ)

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

Smart Money Signals — VKQ

Based on 93 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added VKQ 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.

📊

High ownership — 89% of 3.0Y peak

89% of all-time peak

93 funds currently hold this stock — 89% of the 3.0-year high of 104 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📉

Outflows — 5% fewer funds vs a year ago

fund count last 6Q

5 fewer hedge funds hold VKQ compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🟡

Slight buying edge — 56% buying

48 buying37 selling

Last quarter: 48 funds bought or added vs 37 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.

📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter

Funds opening a new VKQ position: 11 → 12 → 10 → 16. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 23% medium ■ 17% new

56 out of 93 hedge funds have held VKQ 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

10 → 11 → 12 → 10 → 16 new funds/Q

New funds entering each quarter: 11 → 12 → 10 → 16. A growing number of institutions are discovering VKQ each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 68% veterans vs 20% newcomers

■ 68% veterans ■ 12% 1-2yr ■ 20% new

Entry-cohort mix of 93 holders: 63 (68%) are 2+ year veterans, 11 entered 1–2 years ago, and 19 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds

13 of 93 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

2.9

out of 10

Low Exit Risk

Exit risk score 2.9/10 — 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.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	93	92	1.09%
13F Shares	15M	16M	-2.96%
Total Value	$144M	$136M	5.83%
New Positions	16	10	+6
Increased Positions	32	34	-2
Closed Positions	15	8	+7
Reduced Positions	22	24	-2
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

1.09%

13F Shares

15M

16M

-2.96%

Total Value

$144M

$136M

5.83%

New Positions

Increased Positions

-2

Closed Positions

Reduced Positions

-2

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

93 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 VKQ holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Rivernorth Capital Management, LLC	1.31%	2,749,965	$27.6M
2	Whipplewood Advisors, LLC	0.59%	87,183	$875K
3	Seamount Financial Group Inc	0.30%	73,688	$740K
4	Hennion & Walsh Asset Management, Inc.	0.27%	940,068	$9.4M
5	Wealth Alliance Advisory Group, LLC	0.22%	150,429	$1.5M
6	Melfa Wealth Management, INC.	0.17%	31,343	$315K
7	Penbrook Management LLC	0.13%	20,000	$201K
8	Vericrest Private Wealth	0.10%	11,308	$114K
9	Tyche Wealth Partners LLC	0.10%	68,846	$691K
10	Orleans Capital Management Corp/la	0.08%	14,630	$147K
11	Jfs Wealth Advisors, LLC	0.07%	145,451	$1.5M
12	Guggenheim Capital LLC	0.07%	1,131,919	$11.4M
13	Accredited Investor Services, LLC	0.07%	12,569	$126K
14	Ibex Wealth Advisors	0.07%	90,101	$905K
15	Worth Asset Management, LLC	0.07%	21,087	$212K
16	Smith, Moore & CO.	0.05%	72,406	$727K
17	Advisors Asset Management, Inc.	0.03%	199,809	$2.0M
18	Tradewinds Capital Management, LLC	0.03%	15,938	$160K
19	Compass Financial Group, INC/SD	0.03%	24,349	$244K
20	Aberdeen Wealth Management LLC	0.02%	4,558	$46K
21	Capital Investment Advisors, LLC	0.02%	142,850	$1.4M
22	Institute for Wealth Management, LLC.	0.01%	15,400	$155K
23	NewEdge Advisors, LLC	0.01%	453,003	$4.5M
24	Chung Wu Investment Group, LLC	0.01%	2,000	$20K
25	PFG Investments, LLC	0.01%	25,550	$257K

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 Municipal Trust (VKQ)

What does the Smart Money Trend signal show for VKQ?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added VKQ 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 VKQ?

Slight buying edge — 56% buying: Last quarter: 48 funds bought or added vs 37 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 VKQ holders?

Strong quality — 36% AUM from major funds: 13 of 93 holders rank in the top 100 by AUM, accounting for 36% 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 VKQ?

60% of holders stayed for 2+ years: 56 out of 93 hedge funds have held VKQ 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.

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.

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Invesco Municipal Trust (VKQ)

Smart Money Signals — VKQ

Buying streak — 2 quarters in a row

High ownership — 89% of 3.0Y peak

Outflows — 5% fewer funds vs a year ago

Slight buying edge — 56% buying

More new buyers each quarter (+6 vs last Q)

60% of holders stayed for 2+ years

Growing discovery — still being found

Veteran-anchored — 68% veterans vs 20% newcomers

Strong quality — 36% AUM from major funds

Institutional Sentiment Summary — VKQ

Hedge Fund Ownership: VKQ

Market Analysis: VKQ

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: VKQ

Hedge Fund Positioning: VKQ

Statistics: VKQ

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Invesco Municipal Trust (VKQ)

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