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PMO

Franklin Municipal Opportunities Trust
PMO

86 hedge funds and large institutions have $63.2M invested in Franklin Municipal Opportunities Trust in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 27 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

4% more funds holding

Funds holding: 83 → 86 (+3)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

0.76% less ownership

Funds ownership: 20.37% → 19.61% (-0.76%)

11% less capital invested

Capital invested by funds: $71.4M → $63.2M (-$8.13M)

26% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 27

Holders
86
Holders Change
+3
Holders Change %
+3.61%
% of All Funds
1.24%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
10
Increased
20
Reduced
27
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$1.25M
2
PAS
Park Avenue Securities
New York
+$1.19M
3
LSC
Logan Stone Capital
Illinois
+$689K
4
NMC
Nine Masts Capital
Hong Kong
+$670K
5
Wells Fargo
Wells Fargo
California
+$353K

Top Sellers

Rank Fund Capital Flow
1
Ameriprise
Ameriprise
Minnesota
-$3.68M
2
SCM
Saba Capital Management
New York
-$2.9M
3
Morgan Stanley
Morgan Stanley
New York
-$2.26M
4
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
-$1.42M
5
VanEck Associates
VanEck Associates
New York
-$338K
Name Holding Trade Value Shares
Change 		Change in
Stake
CWM
51
Collaborative Wealth Management
Florida
$156K – – –
CA
52
Cetera Advisors
Colorado
$155K +$157K +15,282 New
CIA
53
Concurrent Investment Advisors
Florida
$154K +$3.92K +381 +3%
AWAG
54
ARS Wealth Advisors Group
Florida
$153K – – –
SQA
55
Simon Quick Advisors
New Jersey
$149K +$15.3K +1,491 +11%
BRWA
56
B. Riley Wealth Advisors
Florida
$149K -$7.07K -688 -4%
ITIM
57
Indiana Trust & Investment Management
Indiana
$142K – – –
SWM
58
Spire Wealth Management
Virginia
$142K – – –
MC
59
Moors & Cabot
Massachusetts
$141K +$16.1K +1,570 +13%
Susquehanna International Group
60
Susquehanna International Group
Pennsylvania
$140K -$160K -15,614 -53%
SCA
61
STALEY CAPITAL ADVISERS
Pennsylvania
$127K – – –
SP
62
Successful Portfolios
Florida
$126K – – –
SBIA
63
Sheaff Brock Investment Advisors
Indiana
$122K – – –
PWAC
64
Private Wealth Advisors (California)
California
$120K – – –
Royal Bank of Canada
65
Royal Bank of Canada
Ontario, Canada
$110K -$108K -10,495 -49%
SAM
66
Seelaus Asset Management
New Jersey
$107K – – –
STA
67
Summit Trail Advisors
New York
$106K -$20.8K -2,023 -16%
FNWM
68
Financial Network Wealth Management
Utah
$103K -$8.73K -849 -8%
SIMG
69
Sonora Investment Management Group
Arizona
$102K – – –
AWM
70
Avior Wealth Management
Nebraska
$101K – – –
FFA
71
Farther Finance Advisors
California
$67K – – –
JP Morgan Chase
72
JP Morgan Chase
New York
$53.6K +$54.3K +5,280 New
US Bancorp
73
US Bancorp
Minnesota
$46.2K – – –
Comerica Bank
74
Comerica Bank
Texas
$44.5K -$298 -29 -0.7%
WAM
75
Wolverine Asset Management
Illinois
$37.3K +$20.2K +1,970 +116%
1 2
3
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PMO Hedge Fund Activity: Q1 2024 in Review

86 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q1 2024, worth a combined $63.2M — down 11% from $71.4M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new PMO positions and 6 closed out — a net gain of 4 holders — while 20 added to existing stakes and 27 trimmed.

The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $1.25M. The largest seller was Ameriprise, cutting an estimated $3.68M.

  • 86 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q1 2024, up from 83 in Q4 2023.
  • Funds reported $63.2M of Franklin Municipal Opportunities Trust stock for Q1 2024, down 11% quarter-over-quarter.
  • 10 funds opened new Franklin Municipal Opportunities Trust positions in Q1 2024 and 6 closed out, a net change of +4 holders.
  • The largest Franklin Municipal Opportunities Trust buyer in Q1 2024 was Envestnet Asset Management, an estimated $1.25M added.
  • The largest Franklin Municipal Opportunities Trust seller in Q1 2024 was Ameriprise, an estimated $3.68M sold.

Based on aggregated 13F filings for Q1 2024.