Invesco Municipal Opportunity Trust
VMO
71 hedge funds and large institutions have $99.7M invested in Invesco Municipal Opportunity Trust in 2015 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 8 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1% more funds holding
Funds holding: 70 → 71 (+1)
0.18% less ownership
Funds ownership: 11.83% → 11.65% (-0.18%)
7% less capital invested
Capital invested by funds: $107M → $99.7M (-$7.17M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.24M |
| 2 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
+$1.24M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.21M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.02M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$606K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.08M |
| 2 |
TCM
TAM Capital Management
Stamford,
Connecticut
|
-$2.85M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.8M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$992K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$474K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CNB
76
City National Bank
Beverly Hills,
California
| – | -$266K | -20,500 | Closed |
|
|
DS
77
DRW Securities
Chicago,
Illinois
| – | -$237K | -18,300 | Closed |
|
78
Creative Planning
Overland Park,
Kansas
| – | -$107K | -8,271 | Closed |
|
|
TWA
79
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3K | -224 | Closed |
|
VMO Hedge Fund Activity: Q2 2015 in Review
71 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q2 2015, worth a combined $99.7M — down 6.7% from $107M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new VMO positions and 8 closed out — a net gain of 1 holder — while 22 added to existing stakes and 17 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.24M. The largest seller was Goldman Sachs, exiting entirely with an estimated $3.08M sold.
- 71 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q2 2015, up from 70 in Q1 2015.
- Funds reported $99.7M of Invesco Municipal Opportunity Trust stock for Q2 2015, down 6.7% quarter-over-quarter.
- 9 funds opened new Invesco Municipal Opportunity Trust positions in Q2 2015 and 8 closed out, a net change of +1 holder.
- The largest Invesco Municipal Opportunity Trust buyer in Q2 2015 was Sit Investment Associates, an estimated $1.24M added.
- The largest Invesco Municipal Opportunity Trust seller in Q2 2015 was Goldman Sachs, an estimated $3.08M sold.
Based on aggregated 13F filings for Q2 2015.