Franklin Municipal Opportunities Trust
PMO
77 hedge funds and large institutions have $47.4M invested in Franklin Municipal Opportunities Trust in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 19 closing their positions.
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
1.51% less ownership
Funds ownership: 13.28% → 11.78% (-1.5%)
9% less funds holding
Funds holding: 85 → 77 (-8)
10% less capital invested
Capital invested by funds: $52.8M → $47.4M (-$5.35M)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.75M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$981K |
| 3 |
Cohen & Steers
New York
|
+$562K |
| 4 |
SCA
Snowden Capital Advisors
New York
|
+$300K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.74M |
| 2 |
DWM
Doyle Wealth Management
St. Petersburg,
Florida
|
-$1.46M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.36M |
| 4 |
LB
Leo Brokerage
Hurst,
Texas
|
-$1.29M |
| 5 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$1.08M |
PMO Hedge Fund Activity: Q2 2022 in Review
77 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q2 2022, worth a combined $47.4M — down 10% from $52.8M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PMO and 11 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 20 added.
The largest buyer was Ameriprise, adding an estimated $2.75M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.74M sold.
- 77 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q2 2022, down from 85 in Q1 2022.
- Funds reported $47.4M of Franklin Municipal Opportunities Trust stock for Q2 2022, down 10% quarter-over-quarter.
- 11 funds opened new Franklin Municipal Opportunities Trust positions in Q2 2022 and 19 closed out, a net change of -8 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q2 2022 was Ameriprise, an estimated $2.75M added.
- The largest Franklin Municipal Opportunities Trust seller in Q2 2022 was Robinson Capital Management, an estimated $1.74M sold.
Based on aggregated 13F filings for Q2 2022.