Franklin Municipal Opportunities Trust
PMO
88 hedge funds and large institutions have $92.9M invested in Franklin Municipal Opportunities Trust in 2025 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 7 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
14% more capital invested
Capital invested by funds: $81.4M → $92.9M (+$11.4M)
4% more funds holding
Funds holding: 85 → 88 (+3)
2.49% more ownership
Funds ownership: 24.79% → 27.28% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.46M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.87M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.85M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$961K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$736K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.99M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.72M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$987K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$408K |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$331K |
PMO Hedge Fund Activity: Q4 2025 in Review
88 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q4 2025, worth a combined $92.9M — up 14% from $81.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PMO positions and 7 closed out — a net gain of 3 holders — while 29 added to existing stakes and 20 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $3.46M. The largest seller was Pathstone Holdings, cutting an estimated $1.99M.
- 88 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q4 2025, up from 85 in Q3 2025.
- Funds reported $92.9M of Franklin Municipal Opportunities Trust stock for Q4 2025, up 14% quarter-over-quarter.
- 10 funds opened new Franklin Municipal Opportunities Trust positions in Q4 2025 and 7 closed out, a net change of +3 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q4 2025 was Robinson Capital Management, an estimated $3.46M added.
- The largest Franklin Municipal Opportunities Trust seller in Q4 2025 was Pathstone Holdings, an estimated $1.99M sold.
Based on aggregated 13F filings for Q4 2025.