Franklin Municipal Opportunities Trust
PMO
73 hedge funds and large institutions have $38.5M invested in Franklin Municipal Opportunities Trust in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 9 closing their positions.
0.23% less ownership
Funds ownership: 11.78% → 11.55% (-0.23%)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
5% less funds holding
Funds holding: 77 → 73 (-4)
18% less capital invested
Capital invested by funds: $47.2M → $38.5M (-$8.66M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$997K |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$547K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$497K |
| 4 |
AWM
Avior Wealth Management
Omaha,
Nebraska
|
+$486K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$445K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$979K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$681K |
| 3 |
Cohen & Steers
New York
|
-$599K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$326K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$325K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Koshinski Asset Management
Decatur,
Illinois
| – | -$175K | -14,868 | Closed |
|
|
SWM
77
SeaCrest Wealth Management
Purchase,
New York
| – | -$41K | -3,500 | Closed |
|
|
GLLW
78
Graves Light Lenhart Wealth
Harrisonburg,
Virginia
| – | -$40K | -3,360 | Closed |
|
|
SWM
79
Spire Wealth Management
Mclean,
Virginia
| – | -$30K | -2,514 | Closed |
|
80
Citigroup
New York
| – | -$9K | -800 | Closed |
|
|
BWM
81
Baystate Wealth Management
Boston,
Massachusetts
| – | -$5K | -457 | Closed |
|
|
BFEC
82
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$2K | -189 | Closed |
|
PMO Hedge Fund Activity: Q3 2022 in Review
73 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q3 2022, worth a combined $38.5M — down 18% from $47.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PMO and 6 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 20 added.
The largest buyer was Ameriprise, adding an estimated $997K. The largest seller was Raymond James & Associates, cutting an estimated $979K.
- 73 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q3 2022, down from 77 in Q2 2022.
- Funds reported $38.5M of Franklin Municipal Opportunities Trust stock for Q3 2022, down 18% quarter-over-quarter.
- 6 funds opened new Franklin Municipal Opportunities Trust positions in Q3 2022 and 9 closed out, a net change of -3 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q3 2022 was Ameriprise, an estimated $997K added.
- The largest Franklin Municipal Opportunities Trust seller in Q3 2022 was Raymond James & Associates, an estimated $979K sold.
Based on aggregated 13F filings for Q3 2022.