Franklin Municipal Opportunities Trust
PMO
88 hedge funds and large institutions have $94.6M invested in Franklin Municipal Opportunities Trust in 2026 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 30 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
5% more capital invested
Capital invested by funds: $90M → $94.6M (+$4.6M)
0.75% more ownership
Funds ownership: 27.46% → 28.22% (+0.75%)
0% more funds holding
Funds holding: 88 → 88 (0)
37% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.75M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.64M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$738K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$699K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$458K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.76M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.04M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$487K |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
-$444K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$250K |
PMO Hedge Fund Activity: Q2 2026 in Review
88 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Opportunities Trust (PMO) for Q2 2026, worth a combined $94.6M — up 5.1% from $90M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PMO positions and 6 closed out — a net gain of 2 holders — while 19 added to existing stakes and 30 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.75M. The largest seller was Guggenheim Capital, cutting an estimated $1.76M.
- 88 institutional investors held Franklin Municipal Opportunities Trust (PMO) as of Q2 2026, unchanged from Q1 2026.
- Funds reported $94.6M of Franklin Municipal Opportunities Trust stock for Q2 2026, up 5.1% quarter-over-quarter.
- 8 funds opened new Franklin Municipal Opportunities Trust positions in Q2 2026 and 6 closed out, a net change of +2 holders.
- The largest Franklin Municipal Opportunities Trust buyer in Q2 2026 was Rivernorth Capital Management, an estimated $2.75M added.
- The largest Franklin Municipal Opportunities Trust seller in Q2 2026 was Guggenheim Capital, an estimated $1.76M sold.
Based on aggregated 13F filings for Q2 2026.