Franklin Municipal Opportunities Trust
PMO
65 hedge funds and large institutions have $73.3M invested in Franklin Municipal Opportunities Trust in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
3% more funds holding
Funds holding: 63 → 65 (+2)
2% more capital invested
Capital invested by funds: $72.2M → $73.3M (+$1.09M)
0.53% more ownership
Funds ownership: 15.01% → 15.54% (+0.53%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $13K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$881K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$846K |
| 3 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$770K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$441K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
-$994K |
| 2 |
YP
Yellowstone Partners
Idaho Falls,
Idaho
|
-$456K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$275K |
| 4 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
-$228K |
| 5 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
-$209K |
PMO Hedge Fund Activity: Q4 2017 in Review
65 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q4 2017, worth a combined $73.3M — up 1.5% from $72.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PMO positions and 7 closed out — a net gain of 2 holders — while 18 added to existing stakes and 16 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $881K. The largest seller was IBEX Wealth Advisors, exiting entirely with an estimated $994K sold.
- 65 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q4 2017, up from 63 in Q3 2017.
- Funds reported $73.3M of Franklin Municipal Opportunities Trust stock for Q4 2017, up 1.5% quarter-over-quarter.
- 9 funds opened new Franklin Municipal Opportunities Trust positions in Q4 2017 and 7 closed out, a net change of +2 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q4 2017 was Guggenheim Capital, an estimated $881K added.
- The largest Franklin Municipal Opportunities Trust seller in Q4 2017 was IBEX Wealth Advisors, an estimated $994K sold.
Based on aggregated 13F filings for Q4 2017.