Franklin Municipal Opportunities Trust
PMO
88 hedge funds and large institutions have $90M invested in Franklin Municipal Opportunities Trust in 2026 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 22 reducing their positions, and 6 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 22
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
0.19% more ownership
Funds ownership: 27.28% → 27.46% (+0.19%)
0% more funds holding
Funds holding: 88 → 88 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $92.9M → $90M (-$2.81M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.73M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.01M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$898K |
| 4 |
Bank of New York Mellon
New York
|
+$513K |
| 5 |
VanEck Associates
New York
|
+$463K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.96M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.34M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.04M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$840K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$688K |
PMO Hedge Fund Activity: Q1 2026 in Review
88 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q1 2026, worth a combined $90M — down 3% from $92.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PMO positions and 6 closed out — a net gain of 2 holders — while 30 added to existing stakes and 22 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.73M. The largest seller was Fiera Capital (Canada), cutting an estimated $1.96M.
- 88 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q1 2026, unchanged from Q4 2025.
- Funds reported $90M of Franklin Municipal Opportunities Trust stock for Q1 2026, down 3% quarter-over-quarter.
- 8 funds opened new Franklin Municipal Opportunities Trust positions in Q1 2026 and 6 closed out, a net change of +2 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q1 2026 was Rivernorth Capital Management, an estimated $2.73M added.
- The largest Franklin Municipal Opportunities Trust seller in Q1 2026 was Fiera Capital (Canada), an estimated $1.96M sold.
Based on aggregated 13F filings for Q1 2026.