Franklin Municipal Opportunities Trust
PMO
63 hedge funds and large institutions have $86.3M invested in Franklin Municipal Opportunities Trust in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 4 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
13% more capital invested
Capital invested by funds: $76.1M → $86.3M (+$10.2M)
2% more funds holding
Funds holding: 62 → 63 (+1)
1.58% more ownership
Funds ownership: 16.25% → 17.83% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.26M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.75M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$656K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$567K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$539K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$511K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$191K |
| 4 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$191K |
| 5 |
HK
Horizon Kinetics
New York
|
-$175K |
PMO Hedge Fund Activity: Q2 2014 in Review
63 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q2 2014, worth a combined $86.3M — up 13% from $76.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PMO positions and 4 closed out — a net gain of 1 holder — while 22 added to existing stakes and 12 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $3.26M. The largest seller was Invesco, cutting an estimated $539K.
- 63 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q2 2014, up from 62 in Q1 2014.
- Funds reported $86.3M of Franklin Municipal Opportunities Trust stock for Q2 2014, up 13% quarter-over-quarter.
- 5 funds opened new Franklin Municipal Opportunities Trust positions in Q2 2014 and 4 closed out, a net change of +1 holder.
- The largest Franklin Municipal Opportunities Trust buyer in Q2 2014 was BNP Paribas Financial Markets, an estimated $3.26M added.
- The largest Franklin Municipal Opportunities Trust seller in Q2 2014 was Invesco, an estimated $539K sold.
Based on aggregated 13F filings for Q2 2014.