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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
SIM
51
Sonora Investment Management
Arizona
$131K
WAP
52
Wealthcare Advisory Partners
Pennsylvania
$108K
TCM
53
Tradewinds Capital Management
Washington
$76K +$76.1K +5,796 New
GWM
54
Geneos Wealth Management
Colorado
$72K
AF
55
Advisornet Financial
Minnesota
$71K +$70.9K +5,405 New
Fifth Third Bancorp
56
Fifth Third Bancorp
Ohio
$61K
US Bancorp
57
US Bancorp
Minnesota
$59K
RCAG
58
Rehmann Capital Advisory Group
Michigan
$54.8K
HNB
59
Huntington National Bank
Ohio
$54K
PNC Financial Services Group
60
PNC Financial Services Group
Pennsylvania
$36K +$197 +15 +0.6%
Carson Wealth (CWM LLC)
61
Carson Wealth (CWM LLC)
Nebraska
$31K
BFEC
62
Benjamin F. Edwards & Company
Missouri
$20K
RCM
63
Rivernorth Capital Management
Florida
$19.4K +$3.97M +302,557 +26%
SPIA
64
Steward Partners Investment Advisory
New York
$19K +$10.3K +786 +116%
BWL
65
Bogart Wealth LLC
Virginia
$10K
FIA
66
FNY Investment Advisers
New York
$6K +$394 +30 +6%
1NWS
67
1 North Wealth Services
Maryland
$6K +$6.23K +475 New
Citigroup
68
Citigroup
New York
$5K -$130K -9,936 -96%
CFA
69
Carroll Financial Associates
North Carolina
$4K
EW
70
Evoke Wealth
California
$2.52K +$2.52K +192 New
WCG
71
Weaver Consulting Group
California
$1K
AIC
72
Ameritas Investment Company
Nebraska
$1K +$1.05K +80 New
RCM
73
Robinson Capital Management
Michigan
-$5.13M -401,437 Closed
1CP
74
1607 Capital Partners
Virginia
-$906K -71,600 Closed
FNFDCM
75
Folger Nolan Fleming Douglas Capital Management
District of Columbia
-$155K -12,262 Closed

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.