Franklin Municipal Opportunities Trust
PMO
66 hedge funds and large institutions have $47.7M invested in Franklin Municipal Opportunities Trust in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 12 closing their positions.
24% more capital invested
Capital invested by funds: $38.5M → $47.7M (+$9.16M)
1.34% more ownership
Funds ownership: 11.55% → 12.89% (+1.3%)
5% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 19
10% less funds holding
Funds holding: 73 → 66 (-7)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.37M |
| 2 |
LPL Financial
San Diego,
California
|
+$967K |
| 3 |
Morgan Stanley
New York
|
+$774K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$761K |
| 5 |
VanEck Associates
New York
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$3.22M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$907K |
| 3 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$540K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$360K |
| 5 |
SCA
Snowden Capital Advisors
New York
|
-$267K |
PMO Hedge Fund Activity: Q4 2022 in Review
66 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q4 2022, worth a combined $47.7M — up 24% from $38.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PMO and 6 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 20 added.
The largest buyer was Ameriprise, adding an estimated $3.37M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $3.22M sold.
- 66 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q4 2022, down from 73 in Q3 2022.
- Funds reported $47.7M of Franklin Municipal Opportunities Trust stock for Q4 2022, up 24% quarter-over-quarter.
- 6 funds opened new Franklin Municipal Opportunities Trust positions in Q4 2022 and 12 closed out, a net change of -6 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q4 2022 was Ameriprise, an estimated $3.37M added.
- The largest Franklin Municipal Opportunities Trust seller in Q4 2022 was Fiera Capital (Canada), an estimated $3.22M sold.
Based on aggregated 13F filings for Q4 2022.