Franklin Municipal Opportunities Trust
PMO
58 hedge funds and large institutions have $91.1M invested in Franklin Municipal Opportunities Trust in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 6 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
6% more capital invested
Capital invested by funds: $86M → $91.1M (+$5.14M)
0.61% more ownership
Funds ownership: 17.84% → 18.45% (+0.61%)
0% more funds holding
Funds holding: 58 → 58 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
+$3.68M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.78M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$836K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$523K |
| 5 |
BAM
Brave Asset Management
Summit,
New Jersey
|
+$490K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$3.99M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.81M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.08M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$304K |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$291K |
PMO Hedge Fund Activity: Q4 2014 in Review
58 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q4 2014, worth a combined $91.1M — up 6% from $86M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PMO positions and 6 closed out — a net gain of 2 holders — while 20 added to existing stakes and 13 trimmed.
The largest buyer was New Vernon Investment Management, opening a new position worth an estimated $3.68M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $3.99M sold.
- 58 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $91.1M of Franklin Municipal Opportunities Trust stock for Q4 2014, up 6% quarter-over-quarter.
- 8 funds opened new Franklin Municipal Opportunities Trust positions in Q4 2014 and 6 closed out, a net change of +2 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q4 2014 was New Vernon Investment Management, an estimated $3.68M added.
- The largest Franklin Municipal Opportunities Trust seller in Q4 2014 was BNP Paribas Financial Markets, an estimated $3.99M sold.
Based on aggregated 13F filings for Q4 2014.