Franklin Municipal Opportunities Trust
PMO
53 hedge funds and large institutions have $93.6M invested in Franklin Municipal Opportunities Trust in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 9 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
3% more capital invested
Capital invested by funds: $91.1M → $93.6M (+$2.51M)
0.09% more ownership
Funds ownership: 18.45% → 18.53% (+0.09%)
9% less funds holding
Funds holding: 58 → 53 (-5)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.96M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.25M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$680K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$428K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.87M |
| 2 |
PAM
PT Asset Management
Chicago,
Illinois
|
-$1.45M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.11M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$661K |
| 5 |
SG Americas Securities
New York
|
-$204K |
PMO Hedge Fund Activity: Q1 2015 in Review
53 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q1 2015, worth a combined $93.6M — up 2.8% from $91.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PMO and 5 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 17 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.96M. The largest seller was AQR Capital Management, exiting entirely with an estimated $1.87M sold.
- 53 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q1 2015, down from 58 in Q4 2014.
- Funds reported $93.6M of Franklin Municipal Opportunities Trust stock for Q1 2015, up 2.8% quarter-over-quarter.
- 5 funds opened new Franklin Municipal Opportunities Trust positions in Q1 2015 and 9 closed out, a net change of -4 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q1 2015 was Karpus Investment Management, an estimated $1.96M added.
- The largest Franklin Municipal Opportunities Trust seller in Q1 2015 was AQR Capital Management, an estimated $1.87M sold.
Based on aggregated 13F filings for Q1 2015.