Franklin Municipal Opportunities Trust
PMO
71 hedge funds and large institutions have $50.2M invested in Franklin Municipal Opportunities Trust in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
7% more capital invested
Capital invested by funds: $46.8M → $50.2M (+$3.42M)
3% more funds holding
Funds holding: 69 → 71 (+2)
1.17% more ownership
Funds ownership: 13.24% → 14.41% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.77M |
| 2 |
Cohen & Steers
New York
|
+$1.15M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.02M |
| 4 |
Millennium Management
New York
|
+$617K |
| 5 |
VanEck Associates
New York
|
+$535K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$717K |
| 2 |
LPL Financial
San Diego,
California
|
-$670K |
| 3 |
Morgan Stanley
New York
|
-$330K |
| 4 |
IFG
Independent Financial Group
San Diego,
California
|
-$246K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$231K |
PMO Hedge Fund Activity: Q2 2023 in Review
71 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q2 2023, worth a combined $50.2M — up 7.3% from $46.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PMO positions and 9 closed out — a net gain of 2 holders — while 18 added to existing stakes and 20 trimmed.
The largest buyer was UBS Group, adding an estimated $1.77M. The largest seller was Ameriprise, cutting an estimated $717K.
- 71 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q2 2023, up from 69 in Q1 2023.
- Funds reported $50.2M of Franklin Municipal Opportunities Trust stock for Q2 2023, up 7.3% quarter-over-quarter.
- 11 funds opened new Franklin Municipal Opportunities Trust positions in Q2 2023 and 9 closed out, a net change of +2 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q2 2023 was UBS Group, an estimated $1.77M added.
- The largest Franklin Municipal Opportunities Trust seller in Q2 2023 was Ameriprise, an estimated $717K sold.
Based on aggregated 13F filings for Q2 2023.