Invesco Municipal Opportunity Trust
VMO
72 hedge funds and large institutions have $73.7M invested in Invesco Municipal Opportunity Trust in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 7 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0.5% less ownership
Funds ownership: 8.25% → 7.75% (-0.5%)
3% less funds holding
Funds holding: 74 → 72 (-2)
10% less capital invested
Capital invested by funds: $82.2M → $73.7M (-$8.43M)
Top Buyers
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.57M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$489K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$407K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$299K |
| 5 |
VanEck Associates
New York
|
+$280K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LNWWM
76
Laird Norton Wetherby Wealth Management
San Francisco,
California
| – | -$180K | -12,095 | Closed |
|
77
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$8K | -554 | Closed |
|
|
SBL
78
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$4K | -368 | Closed |
|
|
CWM
79
Cranbrook Wealth Management
Bloomfield Hills,
Michigan
| – | -$4K | -289 | Closed |
|
VMO Hedge Fund Activity: Q3 2016 in Review
72 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q3 2016, worth a combined $73.7M — down 10% from $82.2M a quarter earlier.
Fund positioning in VMO was balanced in Q3 2016: 7 funds opened new positions, 7 closed out, 23 added to existing stakes and 21 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.57M. The largest seller was New Vernon Investment Management, exiting entirely with an estimated $2.54M sold.
- 72 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q3 2016, down from 74 in Q2 2016.
- Funds reported $73.7M of Invesco Municipal Opportunity Trust stock for Q3 2016, down 10% quarter-over-quarter.
- 7 funds opened new Invesco Municipal Opportunity Trust positions in Q3 2016 and 7 closed out, a net change of 0 holders.
- The largest Invesco Municipal Opportunity Trust buyer in Q3 2016 was Wells Fargo, an estimated $1.57M added.
- The largest Invesco Municipal Opportunity Trust seller in Q3 2016 was New Vernon Investment Management, an estimated $2.54M sold.
Based on aggregated 13F filings for Q3 2016.