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PMO

Franklin Municipal Opportunities Trust

98 hedge funds and large institutions have $74.2M invested in Franklin Municipal Opportunities Trust in 2024 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 8

16% more capital invested

Capital invested by funds: $64.1M → $74.2M (+$10.2M)

13% more funds holding

Funds holding: 8798 (+11)

1.84% more ownership

Funds ownership: 19.57%21.41% (+1.8%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

11% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 27

Holders
98
Holders Change
+11
Holders Change %
+12.64%
% of All Funds
1.41%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
20
Increased
24
Reduced
27
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NMC
26
Nine Masts Capital
Hong Kong
$867K +$146K +13,935 +21%
RP
27
Riverbridge Partners
Minnesota
$728K +$700K +66,799 New
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$725K -$9.71K -926 -1%
SMC
29
Smith, Moore & Co
Missouri
$723K +$322K +30,712 +86%
WAM
30
Wolverine Asset Management
Illinois
$692K +$358K +34,104 +116%
KIM
31
Karpus Investment Management
New York
$674K +$649K +61,850 New
OC
32
Oppenheimer & Co
New York
$547K -$110K -10,478 -17%
Northwestern Mutual Wealth Management
33
Northwestern Mutual Wealth Management
Wisconsin
$544K +$178K +16,957 +52%
Invesco
34
Invesco
Georgia
$521K -$422K -40,291 -46%
Baird Financial Group
35
Baird Financial Group
Wisconsin
$499K -$3.46K -330 -0.7%
RJFSA
36
Raymond James Financial Services Advisors
Florida
$497K -$19.5K -1,862 -4%
LCM
37
Landscape Capital Management
New Jersey
$477K -$724K -69,074 -61%
Allspring Global Investments
38
Allspring Global Investments
North Carolina
$448K
1SB
39
1ST Source Bank
Indiana
$434K
Stifel Financial
40
Stifel Financial
Missouri
$388K +$31.9K +3,040 +9%
TA
41
Tectonic Advisors
Texas
$382K +$3.69K +352 +1%
Osaic Holdings
42
Osaic Holdings
Arizona
$372K -$43.8K -4,173 -11%
CWP
43
Cyndeo Wealth Partners
Florida
$357K +$344K +32,793 New
Kovitz Investment Group Partners
44
Kovitz Investment Group Partners
Illinois
$349K +$336K +32,000 New
TFCP
45
Twin Focus Capital Partners
Massachusetts
$341K
HighTower Advisors
46
HighTower Advisors
Illinois
$267K +$263K +25,095 New
GCP
47
Gill Capital Partners
Colorado
$252K
CAM
48
Cresset Asset Management
Illinois
$239K
Bank of Montreal
49
Bank of Montreal
Ontario, Canada
$236K +$891 +85 +0.4%
S
50
Sunpointe
Missouri
$229K -$996 -95 -0.5%

PMO Hedge Fund Activity: Q3 2024 in Review

98 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q3 2024, worth a combined $74.2M — up 16% from $64.1M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new PMO positions and 8 closed out — a net gain of 12 holders — while 24 added to existing stakes and 27 trimmed.

The largest buyer was Pathstone Holdings, opening a new position worth an estimated $3.75M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $7.23M sold.

  • 98 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q3 2024, up from 87 in Q2 2024.
  • Funds reported $74.2M of Franklin Municipal Opportunities Trust stock for Q3 2024, up 16% quarter-over-quarter.
  • 20 funds opened new Franklin Municipal Opportunities Trust positions in Q3 2024 and 8 closed out, a net change of +12 holders.
  • The largest Franklin Municipal Opportunities Trust buyer in Q3 2024 was Pathstone Holdings, an estimated $3.75M added.
  • The largest Franklin Municipal Opportunities Trust seller in Q3 2024 was Robinson Capital Management, an estimated $7.23M sold.

Based on aggregated 13F filings for Q3 2024.