Invesco Municipal Opportunity Trust
VMO
108 hedge funds and large institutions have $183M invested in Invesco Municipal Opportunity Trust in 2022 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 12 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
31% more capital invested
Capital invested by funds: $140M → $183M (+$42.8M)
4.49% more ownership
Funds ownership: 22.91% → 27.41% (+4.5%)
2% more funds holding
Funds holding: 106 → 108 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$11.8M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.86M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.54M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
+$2.71M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.71M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$982K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$662K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$660K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$580K |
VMO Hedge Fund Activity: Q4 2022 in Review
108 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q4 2022, worth a combined $183M — up 31% from $140M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new VMO positions and 12 closed out — a net gain of 4 holders — while 39 added to existing stakes and 26 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $11.8M. The largest seller was UBS Group, cutting an estimated $2.71M.
- 108 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q4 2022, up from 106 in Q3 2022.
- Funds reported $183M of Invesco Municipal Opportunity Trust stock for Q4 2022, up 31% quarter-over-quarter.
- 16 funds opened new Invesco Municipal Opportunity Trust positions in Q4 2022 and 12 closed out, a net change of +4 holders.
- The largest Invesco Municipal Opportunity Trust buyer in Q4 2022 was Karpus Investment Management, an estimated $11.8M added.
- The largest Invesco Municipal Opportunity Trust seller in Q4 2022 was UBS Group, an estimated $2.71M sold.
Based on aggregated 13F filings for Q4 2022.