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PMO

Franklin Municipal Opportunities Trust
PMO

72 hedge funds and large institutions have $53.9M invested in Franklin Municipal Opportunities Trust in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 17

0.31% less ownership

Funds ownership: 11.85% → 11.54% (-0.31%)

3% less funds holding

Funds holding: 74 → 72 (-2)

6% less capital invested

Capital invested by funds: $57.2M → $53.9M (-$3.22M)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
72
Holders Change
-2
Holders Change %
-2.7%
% of All Funds
1.26%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
18
Reduced
17
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BRWM
B. Riley Wealth Management
Tennessee
+$1.25M
2
AP
Americana Partners
Texas
+$338K
3
AA
AlphaCentric Advisors
Puerto Rico
+$330K
4
Invesco
Invesco
Georgia
+$294K
5
OFG
OTA Financial Group
New York
+$210K

Top Sellers

Rank Fund Capital Flow
1
MSL
Mackay Shields LLC
New York
-$1.9M
2
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
-$1M
3
Stifel Financial
Stifel Financial
Missouri
-$600K
4
UBS Group
UBS Group
Switzerland
-$556K
5
SIA
Sit Investment Associates
Minnesota
-$255K
Name Holding Trade Value Shares
Change 		Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$476K +$6.32K +440 +1%
TFCP
27
Twin Focus Capital Partners
Massachusetts
$429K – – –
Janney Montgomery Scott
28
Janney Montgomery Scott
Pennsylvania
$417K -$57.5K -4,000 -12%
Koshinski Asset Management
29
Koshinski Asset Management
Illinois
$403K +$208K +14,475 +97%
MAFM
30
Mid Atlantic Financial Management
Pennsylvania
$403K +$121K +8,400 +40%
OC
31
Oppenheimer & Co
New York
$363K – – –
AWS
32
AJ Wealth Strategies
New York
$360K – – –
Cambridge Investment Research Advisors
33
Cambridge Investment Research Advisors
Iowa
$338K -$2.57K -179 -0.7%
IFG
34
Independent Financial Group
California
$328K +$147K +10,248 +75%
AP
35
Americana Partners
Texas
$321K +$338K +23,500 New
Fiera Capital (Canada)
36
Fiera Capital (Canada)
Quebec, Canada
$317K -$1M -69,926 -75%
AA
37
AlphaCentric Advisors
Puerto Rico
$315K +$330K +23,000 New
LPL Financial
38
LPL Financial
California
$301K +$28.2K +1,960 +10%
EIP
39
Ellis Investment Partners
Pennsylvania
$285K +$3.29K +229 +1%
DADC
40
D.A. Davidson & Co
Montana
$275K – – –
Truist Financial
41
Truist Financial
North Carolina
$261K -$18.7K -1,300 -6%
IWA
42
IBEX Wealth Advisors
New Jersey
$251K +$1.29K +90 +0.5%
WAP
43
Wealthcare Advisory Partners
Pennsylvania
$230K – – –
Creative Planning
44
Creative Planning
Kansas
$211K – – –
FNWM
45
Financial Network Wealth Management
Utah
$210K – – –
SCA
46
STALEY CAPITAL ADVISERS
Pennsylvania
$206K – – –
OFG
47
OTA Financial Group
New York
$200K +$210K +14,638 New
SP
48
Successful Portfolios
Florida
$198K – – –
Cetera Investment Advisers
49
Cetera Investment Advisers
Illinois
$195K -$7.5K -522 -4%
WS
50
Wedbush Securities
California
$192K – – –
1
2
3 4

PMO Hedge Fund Activity: Q3 2021 in Review

72 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q3 2021, worth a combined $53.9M — down 5.6% from $57.2M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of PMO and 6 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 18 added.

The largest buyer was B. Riley Wealth Management, opening a new position worth an estimated $1.25M. The largest seller was Mackay Shields LLC, exiting entirely with an estimated $1.9M sold.

  • 72 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q3 2021, down from 74 in Q2 2021.
  • Funds reported $53.9M of Franklin Municipal Opportunities Trust stock for Q3 2021, down 5.6% quarter-over-quarter.
  • 6 funds opened new Franklin Municipal Opportunities Trust positions in Q3 2021 and 7 closed out, a net change of -1 holder.
  • The largest Franklin Municipal Opportunities Trust buyer in Q3 2021 was B. Riley Wealth Management, an estimated $1.25M added.
  • The largest Franklin Municipal Opportunities Trust seller in Q3 2021 was Mackay Shields LLC, an estimated $1.9M sold.

Based on aggregated 13F filings for Q3 2021.