We are live on ! Find out more
VMO icon

Invesco Municipal Opportunity Trust
VMO

76 hedge funds and large institutions have $97.4M invested in Invesco Municipal Opportunity Trust in 2013 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 12

57% more capital invested

Capital invested by funds: $62.1M → $97.4M (+$35.3M)

15% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 20

12% more funds holding

Funds holding: 68 → 76 (+8)

4.5% more ownership

Funds ownership: 7.97% → 12.47% (+4.5%)

Holders
76
Holders Change
+8
Holders Change %
+11.76%
% of All Funds
2.21%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
21
Increased
23
Reduced
20
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$19.4M
2
KIM
Karpus Investment Management
New York
+$13.7M
3
AllianceBernstein
AllianceBernstein
Tennessee
+$8.59M
4
CA
Cornerstone Advisors
North Carolina
+$2.19M
5
GEM
Global Endowment Management
North Carolina
+$1.89M

Top Sellers

Rank Fund Capital Flow
1
FTCM
Fir Tree Capital Management
New York
-$14.4M
2
Morgan Stanley
Morgan Stanley
New York
-$2.47M
3
TC
TFS Capital
Pennsylvania
-$467K
4
SIA
Sit Investment Associates
Minnesota
-$431K
5
LPL Financial
LPL Financial
California
-$399K
Name Holding Trade Value Shares
Change 		Change in
Stake
NES
76
New England Securities
New York
$2K +$2.38K +207 New
OFG
77
OTA Financial Group
New York
$284 +$53.5K +4,651 +24%
FTCM
78
Fir Tree Capital Management
New York
– -$14.4M -1,222,394 Closed
TC
79
TFS Capital
Pennsylvania
– -$467K -39,619 Closed
DA
80
Doliver Advisors
Texas
– -$223K -18,954 Closed
PP
81
Paloma Partners
Connecticut
– -$145K -12,300 Closed
Ameriprise
82
Ameriprise
Minnesota
– -$135K -11,486 Closed
UCFA
83
United Capital Financial Advisors
Texas
– -$134K -11,409 Closed
WA
84
WealthTrust Axiom
Pennsylvania
– -$125K -10,669 Closed
PFO
85
Pathstone Family Office
New Jersey
– -$81K -7,026 Closed
Deutsche Bank
86
Deutsche Bank
Germany
– -$30K -2,636 Closed
Northwestern Mutual Wealth Management
87
Northwestern Mutual Wealth Management
Wisconsin
– -$23K -1,926 Closed
1IC
88
1919 Investment Counsel
Maryland
– -$23K -1,905 Closed
ST
89
Smithfield Trust
Pennsylvania
– -$19K -1,600 Closed
1 2 3
4

VMO Hedge Fund Activity: Q4 2013 in Review

76 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q4 2013, worth a combined $97.4M — up 57% from $62.1M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new VMO positions and 12 closed out — a net gain of 9 holders — while 23 added to existing stakes and 20 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $19.4M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $14.4M sold.

  • 76 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q4 2013, up from 68 in Q3 2013.
  • Funds reported $97.4M of Invesco Municipal Opportunity Trust stock for Q4 2013, up 57% quarter-over-quarter.
  • 21 funds opened new Invesco Municipal Opportunity Trust positions in Q4 2013 and 12 closed out, a net change of +9 holders.
  • The largest Invesco Municipal Opportunity Trust buyer in Q4 2013 was Rivernorth Capital Management, an estimated $19.4M added.
  • The largest Invesco Municipal Opportunity Trust seller in Q4 2013 was Fir Tree Capital Management, an estimated $14.4M sold.

Based on aggregated 13F filings for Q4 2013.