Franklin Municipal Opportunities Trust
PMO
53 hedge funds and large institutions have $90.9M invested in Franklin Municipal Opportunities Trust in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
0.47% more ownership
Funds ownership: 18.53% → 19.01% (+0.47%)
0% more funds holding
Funds holding: 53 → 53 (0)
3% less capital invested
Capital invested by funds: $93.6M → $90.9M (-$2.69M)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Samson Capital Advisors
New York
|
+$2.7M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.15M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.03M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$536K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$414K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.08M |
| 2 |
PIA
Peachtree Investment Advisors
Atlanta,
Georgia
|
-$1.02M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$804K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$386K |
| 5 |
HK
Horizon Kinetics
New York
|
-$268K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
51
Ladenburg Thalmann Financial Services
Miami,
Florida
| $20K | +$6.03K | +505 | +43% |
|
|
RAM
52
Riggs Asset Management
Dallas,
Pennsylvania
| $17K | – | – | – |
|
|
FAM
53
Formidable Asset Management
Cincinnati,
Ohio
| $10K | – | – | – |
|
|
HK
54
Horizon Kinetics
New York
| – | -$268K | -21,850 | Closed |
|
|
DA
55
Doliver Advisors
Houston,
Texas
| – | -$219K | -17,899 | Closed |
|
56
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$187K | -15,222 | Closed |
|
|
FCCM
57
First City Capital Management
Savannah,
Georgia
| – | -$12.8K | -1,043 | Closed |
|
PMO Hedge Fund Activity: Q2 2015 in Review
53 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q2 2015, worth a combined $90.9M — down 2.9% from $93.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PMO positions and 4 closed out — a net gain of 2 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Samson Capital Advisors, opening a new position worth an estimated $2.7M. The largest seller was Financial & Investment Management Group, cutting an estimated $1.08M.
- 53 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q2 2015, unchanged from Q1 2015.
- Funds reported $90.9M of Franklin Municipal Opportunities Trust stock for Q2 2015, down 2.9% quarter-over-quarter.
- 6 funds opened new Franklin Municipal Opportunities Trust positions in Q2 2015 and 4 closed out, a net change of +2 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q2 2015 was Samson Capital Advisors, an estimated $2.7M added.
- The largest Franklin Municipal Opportunities Trust seller in Q2 2015 was Financial & Investment Management Group, an estimated $1.08M sold.
Based on aggregated 13F filings for Q2 2015.