Invesco Municipal Opportunity Trust
VMO
99 hedge funds and large institutions have $92.2M invested in Invesco Municipal Opportunity Trust in 2017 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 5 closing their positions.
560% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 5
39% more funds holding
Funds holding: 71 → 99 (+28)
39% more capital invested
Capital invested by funds: $66.2M → $92.2M (+$26M)
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
3.48% more ownership
Funds ownership: 7.58% → 11.06% (+3.5%)
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
|
+$13.3M |
| 2 |
PAM
PT Asset Management
Chicago,
Illinois
|
+$2.16M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.95M |
| 4 |
LCM
Laurion Capital Management
New York
|
+$1.93M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$5.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.09M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.83M |
| 4 |
LPL Financial
San Diego,
California
|
-$336K |
| 5 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$251K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
101
Endurance Wealth Management
Providence,
Rhode Island
| $3K | – | – | – |
|
|
RJFSA
102
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$1.83M | -140,403 | Closed |
|
|
VF
103
Virtu Financial
New York
| – | -$133K | -10,246 | Closed |
|
|
SG
104
Strid Group
Newtown Square,
Pennsylvania
| – | -$130K | -10,000 | Closed |
|
105
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$51K | -3,912 | Closed |
|
|
ZB
106
Zions Bancorporation
Salt Lake City,
Utah
| – | -$23K | -1,779 | Closed |
|
VMO Hedge Fund Activity: Q4 2017 in Review
99 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q4 2017, worth a combined $92.2M — up 39% from $66.2M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new VMO positions and 5 closed out — a net gain of 28 holders — while 25 added to existing stakes and 21 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $13.3M. The largest seller was Robinson Capital Management, cutting an estimated $5.5M.
- 99 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q4 2017, up from 71 in Q3 2017.
- Funds reported $92.2M of Invesco Municipal Opportunity Trust stock for Q4 2017, up 39% quarter-over-quarter.
- 33 funds opened new Invesco Municipal Opportunity Trust positions in Q4 2017 and 5 closed out, a net change of +28 holders.
- The largest Invesco Municipal Opportunity Trust buyer in Q4 2017 was Karpus Investment Management, an estimated $13.3M added.
- The largest Invesco Municipal Opportunity Trust seller in Q4 2017 was Robinson Capital Management, an estimated $5.5M sold.
Based on aggregated 13F filings for Q4 2017.