Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco High Income Tr II (VLT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
58%

Smart Money Signals — VLT

Based on 22 hedge funds · latest filing: 2026 Q1 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
22 hedge funds hold VLT 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.
📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q
+1 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 58% buying

14 buying10 selling
Last quarter: 14 funds bought or added vs 10 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 — ~4 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 2 → 2 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 14% medium ■ 18% new
15 out of 22 hedge funds have held VLT 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.
💎

Buying through price weakness — shares +0%, value -19%

Value
-18%
Shares
+0%
Last quarter: funds added +0% more shares while total portfolio value only changed -19%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~4 new funds/quarter

4 → 4 → 2 → 2 → 4 new funds/Q
New funds entering each quarter: 4 → 2 → 2 → 4. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 73% veterans vs 18% newcomers

■ 73% veterans ■ 9% 1-2yr ■ 18% new
Entry-cohort mix of 22 holders: 16 (73%) are 2+ year veterans, 2 entered 1–2 years ago, and 4 (18%) 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
7 of 22 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.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — VLT

In 2026 Q1, 14 hedge funds were net buyers of VLT (4 opened a new position, 10 added to an existing one), while 10 reduced or exited (6 trimmed, 4 sold completely) — a 58% buyer ratio, indicating a slight buying edge. 36% of total institutional value in VLT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 22.

Hedge Fund Ownership: VLT

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

Market Analysis: VLT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: VLT

-- --

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

Is It Too Late to Buy Invesco High Income Tr II (VLT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much VLT has moved relative to its sector benchmark (XLF) since the 2026 Q2 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 June 30, 2026 · 22d ago
VLT
-1.3%
XLF
+4.6%

VLT outperformed XLF by -5.9% since June 30, 2026.

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.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: VLT
2026 Q2 Stats Unlock in 28 days 22 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 22 22 -
13F Shares 614K 611K 0.35%
Total Value $6M $7M -18.74%
New Positions 4 2 +2
Increased Positions 10 9 +1
Closed Positions 4 1 +3
Reduced Positions 6 9 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: VLT

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

22 + investors

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

QUARTER:
Top 21 VLT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Melfa Wealth Management, INC. 0.43% 74,418 $752K
2 Shaker Financial Services, LLC 0.19% 52,850 $534K
3 Mallini Complete Financial Planning LLC 0.16% 19,817 $200K
4 Integrated Capital Management, INC. 0.07% 10,852 $110K
5 Uncommon Cents Investing LLC 0.05% 21,565 $218K
6 Axiom Investment Management LLC 0.01% 1,176 $12K
7 Fiera Capital Corp 0.00% 106,652 $1.1M
8 CoreCap Advisors, LLC 0.00% 9,469 $96K
9 Wolverine Asset Management LLC 0.00% 14,061 $142K
10 Highline Wealth Partners LLC 0.00% 250 $3K
11 Atlantic Union Bankshares Corp 0.00% 2,481 $25K
12 Cetera Investment Advisers 0.00% 28,191 $285K
13 Envestnet Asset Management Inc 0.00% 76,620 $774K
14 Rothschild Investment LLC 0.00% 373 $4K
15 Osaic Holdings, INC. 0.00% 6,891 $70K
16 Ameriprise Financial Inc 0.00% 40,121 $405K
17 LPL Financial LLC 0.00% 17,874 $181K
18 UBS Group AG 0.00% 30,136 $304K
19 Wells Fargo & Company/Mn 0.00% 14,116 $143K
20 Susquehanna International Group, LLP 0.00% 11,138 $112K
21 Morgan Stanley 0.00% 10,504 $106K
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 High Income Tr II (VLT)

What does the Smart Money Trend signal show for VLT?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for VLT?

Slight buying edge — 58% buying: Last quarter: 14 funds bought or added vs 10 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 VLT holders?

Strong quality — 36% AUM from major funds: 7 of 22 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 VLT?

68% of holders stayed for 2+ years: 15 out of 22 hedge funds have held VLT 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 High Income Tr II (VLT) following the 2026 Q2 hedge fund 13F filings?

Since the quarter end (June 30, 2026), VLT has gained -1.3% vs +4.6% 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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