Franklin Municipal Opportunities Trust
PMO
69 hedge funds and large institutions have $46.8M invested in Franklin Municipal Opportunities Trust in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
5% more funds holding
Funds holding: 66 → 69 (+3)
0.35% more ownership
Funds ownership: 12.89% → 13.24% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $47.7M → $46.8M (-$884K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.24M |
| 2 |
Rockefeller Capital Management
New York
|
+$783K |
| 3 |
Cohen & Steers
New York
|
+$434K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$335K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$857K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$452K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$312K |
| 4 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$167K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$157K |
PMO Hedge Fund Activity: Q1 2023 in Review
69 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q1 2023, worth a combined $46.8M — down 1.9% from $47.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PMO positions and 5 closed out — a net gain of 3 holders — while 20 added to existing stakes and 17 trimmed.
The largest buyer was Ameriprise, adding an estimated $1.24M. The largest seller was Bank of America, cutting an estimated $857K.
- 69 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q1 2023, up from 66 in Q4 2022.
- Funds reported $46.8M of Franklin Municipal Opportunities Trust stock for Q1 2023, down 1.9% quarter-over-quarter.
- 8 funds opened new Franklin Municipal Opportunities Trust positions in Q1 2023 and 5 closed out, a net change of +3 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q1 2023 was Ameriprise, an estimated $1.24M added.
- The largest Franklin Municipal Opportunities Trust seller in Q1 2023 was Bank of America, an estimated $857K sold.
Based on aggregated 13F filings for Q1 2023.