Invesco Municipal Opportunity Trust
VMO
61 hedge funds and large institutions have $66.3M invested in Invesco Municipal Opportunity Trust in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 15 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
1.25% less ownership
Funds ownership: 8.87% → 7.63% (-1.2%)
11% less capital invested
Capital invested by funds: $74.8M → $66.3M (-$8.55M)
16% less funds holding
Funds holding: 73 → 61 (-12)
67% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$969K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$413K |
| 3 |
LPL Financial
San Diego,
California
|
+$311K |
| 4 |
Millennium Management
New York
|
+$231K |
| 5 |
LNWWM
Laird Norton Wetherby Wealth Management
San Francisco,
California
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$7.02M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.36M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.13M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$866K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$589K |
VMO Hedge Fund Activity: Q1 2017 in Review
61 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q1 2017, worth a combined $66.3M — down 11% from $74.8M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of VMO and 5 opened new positions — a net loss of 10 holders — while 19 trimmed existing stakes and 21 added.
The largest buyer was Bank of America, adding an estimated $969K. The largest seller was Laurion Capital Management, cutting an estimated $7.02M.
- 61 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q1 2017, down from 73 in Q4 2016.
- Funds reported $66.3M of Invesco Municipal Opportunity Trust stock for Q1 2017, down 11% quarter-over-quarter.
- 5 funds opened new Invesco Municipal Opportunity Trust positions in Q1 2017 and 15 closed out, a net change of -10 holders.
- The largest Invesco Municipal Opportunity Trust buyer in Q1 2017 was Bank of America, an estimated $969K added.
- The largest Invesco Municipal Opportunity Trust seller in Q1 2017 was Laurion Capital Management, an estimated $7.02M sold.
Based on aggregated 13F filings for Q1 2017.