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PMO

Franklin Municipal Opportunities Trust

71 hedge funds and large institutions have $71M invested in Franklin Municipal Opportunities Trust in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 18

0% more funds holding

Funds holding: 7171 (0)

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

0.9% less ownership

Funds ownership: 20.93%20.03% (-0.9%)

7% less capital invested

Capital invested by funds: $76.4M → $71M (-$5.45M)

Holders
71
Holders Change
Holders Change %
0%
% of All Funds
1.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
21
Reduced
18
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVPG
26
Relative Value Partners Group
$538K
LTFS
27
Ladenburg Thalmann Financial Services
Florida
$474K +$182K +13,883 +62%
TFCP
28
Twin Focus Capital Partners
Massachusetts
$409K
Cohen & Steers
29
Cohen & Steers
New York
$399K
SW
30
SVB Wealth
Massachusetts
$372K -$5.25K -400 -1%
AG
31
Advisor Group
Arizona
$356K -$6.79K -517 -2%
Creative Planning
32
Creative Planning
Kansas
$333K +$18.4K +1,400 +6%
SCA
33
STALEY CAPITAL ADVISERS
Pennsylvania
$327K +$131K +10,000 +67%
BAM
34
Brave Asset Management
New Jersey
$305K
IWA
35
IBEX Wealth Advisors
New Jersey
$303K +$2.58K +197 +0.9%
WS
36
Wedbush Securities
California
$294K
DADC
37
D.A. Davidson & Co
Montana
$263K
Ameriprise
38
Ameriprise
Minnesota
$258K -$112K -8,541 -30%
MAFM
39
Mid Atlantic Financial Management
Pennsylvania
$243K +$2.48K +189 +1%
Koshinski Asset Management
40
Koshinski Asset Management
Illinois
$220K
FAAS
41
First Allied Advisory Services
California
$214K -$17.1K -1,300 -7%
PWAC
42
Private Wealth Advisors (California)
California
$212K +$16.3K +1,243 +8%
LPL Financial
43
LPL Financial
California
$199K +$30.5K +2,324 +18%
SP
44
Successful Portfolios
Florida
$189K
SBIA
45
Sheaff Brock Investment Advisors
Indiana
$187K
BRWA
46
B. Riley Wealth Advisors
Florida
$184K +$29.8K +2,274 +19%
MML Investors Services
47
MML Investors Services
Massachusetts
$179K +$1.36K +104 +0.8%
MWM
48
Merriman Wealth Management
Washington
$171K
PAS
49
Partnervest Advisory Services
California
$159K +$159K +12,149 New
BTS
50
BB&T Securities
Virginia
$153K -$51.8K -3,950 -25%

PMO Hedge Fund Activity: Q3 2019 in Review

71 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q3 2019, worth a combined $71M — down 7.1% from $76.4M a quarter earlier.

Fund positioning in PMO was balanced in Q3 2019: 6 funds opened new positions, 6 closed out, 21 added to existing stakes and 18 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $3.97M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $5.13M sold.

  • 71 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q3 2019, unchanged from Q2 2019.
  • Funds reported $71M of Franklin Municipal Opportunities Trust stock for Q3 2019, down 7.1% quarter-over-quarter.
  • 6 funds opened new Franklin Municipal Opportunities Trust positions in Q3 2019 and 6 closed out, a net change of 0 holders.
  • The largest Franklin Municipal Opportunities Trust buyer in Q3 2019 was Rivernorth Capital Management, an estimated $3.97M added.
  • The largest Franklin Municipal Opportunities Trust seller in Q3 2019 was Robinson Capital Management, an estimated $5.13M sold.

Based on aggregated 13F filings for Q3 2019.