Invesco Municipal Opportunity Trust
VMO
76 hedge funds and large institutions have $95.2M invested in Invesco Municipal Opportunity Trust in 2015 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 12 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
133% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 12
13% more funds holding
Funds holding: 67 → 76 (+9)
5% less capital invested
Capital invested by funds: $100M → $95.2M (-$4.82M)
1.07% less ownership
Funds ownership: 11.93% → 10.86% (-1.1%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$4.77M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.56M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.17M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.32M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$728K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$13.5M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.57M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$554K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$449K |
| 5 |
AIM
Allen Investment Management
New York
|
-$178K |
VMO Hedge Fund Activity: Q4 2015 in Review
76 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q4 2015, worth a combined $95.2M — down 4.8% from $100M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new VMO positions and 2 closed out — a net gain of 10 holders — while 28 added to existing stakes and 12 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $4.77M. The largest seller was Karpus Investment Management, cutting an estimated $13.5M.
- 76 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q4 2015, up from 67 in Q3 2015.
- Funds reported $95.2M of Invesco Municipal Opportunity Trust stock for Q4 2015, down 4.8% quarter-over-quarter.
- 12 funds opened new Invesco Municipal Opportunity Trust positions in Q4 2015 and 2 closed out, a net change of +10 holders.
- The largest Invesco Municipal Opportunity Trust buyer in Q4 2015 was Fiera Capital (Canada), an estimated $4.77M added.
- The largest Invesco Municipal Opportunity Trust seller in Q4 2015 was Karpus Investment Management, an estimated $13.5M sold.
Based on aggregated 13F filings for Q4 2015.