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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
Royal Bank of Canada
51
Royal Bank of Canada
Ontario, Canada
$218K +$37.5K +3,576 +22%
BB
52
Burford Brothers
Texas
$217K
HNB
53
Huntington National Bank
Ohio
$211K
EIP
54
Ellis Investment Partners
Pennsylvania
$209K +$2.02K +193 +1%
Millennium Management
55
Millennium Management
New York
$202K
ICMP
56
Integrated Capital Management (Pennsylvania)
Pennsylvania
$200K -$63 -6 -0%
NA
57
NewEdge Advisors
Louisiana
$189K -$86.5K -8,245 -32%
AA
58
AQR Arbitrage
Connecticut
$189K -$194K -18,509 -52%
MC
59
Moors & Cabot
Massachusetts
$184K +$27.3K +2,600 +18%
Cetera Investment Advisers
60
Cetera Investment Advisers
Illinois
$172K +$870 +83 +0.5%
HWAM
61
Hennion & Walsh Asset Management
New Jersey
$167K +$161K +15,353 New
CWM
62
Collaborative Wealth Management
Florida
$167K
CIA
63
Concurrent Investment Advisors
Florida
$165K
ITIM
64
Indiana Trust & Investment Management
Indiana
$153K
SWM
65
Spire Wealth Management
Virginia
$153K
SCA
66
STALEY CAPITAL ADVISERS
Pennsylvania
$136K
SP
67
Successful Portfolios
Florida
$135K
BRWA
68
B. Riley Wealth Advisors
Florida
$135K -$35.9K -3,425 -22%
FFO
69
Fortitude Family Office
Arizona
$134K +$129K +12,309 New
SBIA
70
Sheaff Brock Investment Advisors
Indiana
$131K
TWP
71
Tyche Wealth Partners
Texas
$130K -$123K -11,772 -50%
AWM
72
Avior Wealth Management
Nebraska
$130K +$23.5K +2,238 +23%
PWAC
73
Private Wealth Advisors (California)
California
$129K
DC
74
Davenport & Co
Virginia
$123K +$118K +11,284 New
Citadel Advisors
75
Citadel Advisors
Florida
$121K +$117K +11,117 New

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.