Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Municipal Trust (VKQ)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
1Q ▲
Buyers last Q
58%

Smart Money Signals — VKQ

Based on 92 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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 — 88% of 3.0Y peak

88% of all-time peak
92 funds currently hold this stock — 88% 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 — 7% fewer funds vs a year ago

fund count last 6Q
7 fewer hedge funds hold VKQ compared to a year ago (-7% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 58% buying

44 buying32 selling
Last quarter: 44 funds bought or added vs 32 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 — ~10 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 10 → 11 → 12 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 21% medium ■ 15% new
59 out of 92 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.
➡️

Steady discovery — ~10 new funds/quarter

11 → 10 → 11 → 12 → 10 new funds/Q
New funds entering each quarter: 10 → 11 → 12 → 10. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 71% veterans vs 17% newcomers

■ 71% veterans ■ 12% 1-2yr ■ 17% new
Entry-cohort mix of 92 holders: 65 (71%) are 2+ year veterans, 11 entered 1–2 years ago, and 16 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
12 of 92 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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 — VKQ

In 2026 Q1, 44 hedge funds were net buyers of VKQ (10 opened a new position, 34 added to an existing one), while 32 reduced or exited (24 trimmed, 8 sold completely) — a 58% buyer ratio, indicating a slight buying edge. 33% of total institutional value in VKQ 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: 92.

Hedge Fund Ownership: VKQ

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

Market Analysis: VKQ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: VKQ

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: VKQ
2026 Q2 Stats Unlock in 1 days 91 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 91 89 2.25%
13F Shares 15M 17M -10.96%
Total Value $135M $167M -19.18%
New Positions 10 11 -1
Increased Positions 34 37 -3
Closed Positions 8 16 -8
Reduced Positions 23 16 +7
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: VKQ

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Financial Highlights

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Institutional Holders (2026 Q2)

91 + 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:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 VKQ holders by conviction (% of portfolio weight) — 2026 Q1 · 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 — 1 quarter in a row: For 1 consecutive quarter, 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 — 58% buying: Last quarter: 44 funds bought or added vs 32 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 — 33% AUM from major funds: 12 of 92 holders rank in the top 100 by AUM, accounting for 33% 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?

64% of holders stayed for 2+ years: 59 out of 92 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.

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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