Franklin Municipal Opportunities Trust
PMO
87 hedge funds and large institutions have $64.1M invested in Franklin Municipal Opportunities Trust in 2024 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 24 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 86 → 87 (+1)
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
0.04% less ownership
Funds ownership: 19.61% → 19.57% (-0.04%)
0% less capital inflows, than outflows
Capital inflows: $7.13M | Capital outflows: $7.14M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Guggenheim Capital
Chicago,
Illinois
|
+$1.2M |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.11M |
| 3 |
Morgan Stanley
New York
|
+$1.04M |
| 4 |
LPL Financial
San Diego,
California
|
+$464K |
| 5 |
Saba Capital Management
New York
|
+$451K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.26M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.53M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$801K |
| 4 |
Relative Value Partners Group
|
-$334K |
| 5 |
Cohen & Steers
New York
|
-$284K |
PMO Hedge Fund Activity: Q2 2024 in Review
87 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q2 2024, worth a combined $64.1M — up 1.3% from $63.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PMO positions and 10 closed out — a net gain of 2 holders — while 26 added to existing stakes and 24 trimmed.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $1.2M. The largest seller was Robinson Capital Management, cutting an estimated $2.26M.
- 87 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q2 2024, up from 86 in Q1 2024.
- Funds reported $64.1M of Franklin Municipal Opportunities Trust stock for Q2 2024, up 1.3% quarter-over-quarter.
- 12 funds opened new Franklin Municipal Opportunities Trust positions in Q2 2024 and 10 closed out, a net change of +2 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q2 2024 was Guggenheim Capital, an estimated $1.2M added.
- The largest Franklin Municipal Opportunities Trust seller in Q2 2024 was Robinson Capital Management, an estimated $2.26M sold.
Based on aggregated 13F filings for Q2 2024.