Franklin Municipal Opportunities Trust
PMO
58 hedge funds and large institutions have $86M invested in Franklin Municipal Opportunities Trust in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 8 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
0.01% more ownership
Funds ownership: 17.83% → 17.84% (+0.01%)
0% less capital invested
Capital invested by funds: $86.3M → $86M (-$334K)
8% less funds holding
Funds holding: 63 → 58 (-5)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.56M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$764K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$685K |
| 4 |
NES
New England Securities
New York
|
+$335K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.66M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$510K |
| 3 |
PIA
Peachtree Investment Advisors
Atlanta,
Georgia
|
-$497K |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$419K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$355K |
PMO Hedge Fund Activity: Q3 2014 in Review
58 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q3 2014, worth a combined $86M — down 0.39% from $86.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PMO and 4 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 17 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $1.56M. The largest seller was Invesco, cutting an estimated $1.66M.
- 58 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q3 2014, down from 63 in Q2 2014.
- Funds reported $86M of Franklin Municipal Opportunities Trust stock for Q3 2014, down 0.39% quarter-over-quarter.
- 4 funds opened new Franklin Municipal Opportunities Trust positions in Q3 2014 and 8 closed out, a net change of -4 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q3 2014 was Parametric Portfolio Associates, an estimated $1.56M added.
- The largest Franklin Municipal Opportunities Trust seller in Q3 2014 was Invesco, an estimated $1.66M sold.
Based on aggregated 13F filings for Q3 2014.