Franklin Municipal Opportunities Trust
PMO
59 hedge funds and large institutions have $68.1M invested in Franklin Municipal Opportunities Trust in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 6 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
1% more capital invested
Capital invested by funds: $67.5M → $68.1M (+$604K)
0% more funds holding
Funds holding: 59 → 59 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.14% less ownership
Funds ownership: 13.68% → 10.54% (-3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.24M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$655K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$487K |
| 4 |
Morgan Stanley
New York
|
+$276K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.62M |
| 2 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
-$1.1M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$294K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$240K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$207K |
PMO Hedge Fund Activity: Q1 2017 in Review
59 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q1 2017, worth a combined $68.1M — up 0.9% from $67.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PMO positions and 6 closed out — a net gain of 1 holder — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.24M. The largest seller was Advisors Asset Management, cutting an estimated $1.62M.
- 59 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $68.1M of Franklin Municipal Opportunities Trust stock for Q1 2017, up 0.9% quarter-over-quarter.
- 7 funds opened new Franklin Municipal Opportunities Trust positions in Q1 2017 and 6 closed out, a net change of +1 holder.
- The largest Franklin Municipal Opportunities Trust buyer in Q1 2017 was Wells Fargo, an estimated $1.24M added.
- The largest Franklin Municipal Opportunities Trust seller in Q1 2017 was Advisors Asset Management, an estimated $1.62M sold.
Based on aggregated 13F filings for Q1 2017.