Invesco Municipal Opportunity Trust
VMO
104 hedge funds and large institutions have $113M invested in Invesco Municipal Opportunity Trust in 2018 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 35 increasing their positions, 19 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
84% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 19
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
22% more capital invested
Capital invested by funds: $92.2M → $113M (+$20.3M)
5% more funds holding
Funds holding: 99 → 104 (+5)
3.19% more ownership
Funds ownership: 11.06% → 14.25% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$8.55M |
| 2 |
Goldman Sachs
New York
|
+$6.61M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$6.06M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.56M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.9M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.03M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$802K |
| 4 |
Squarepoint
New York
|
-$551K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$541K |
VMO Hedge Fund Activity: Q1 2018 in Review
104 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q1 2018, worth a combined $113M — up 22% from $92.2M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new VMO positions and 14 closed out — a net gain of 5 holders — while 35 added to existing stakes and 19 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $8.55M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.9M sold.
- 104 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q1 2018, up from 99 in Q4 2017.
- Funds reported $113M of Invesco Municipal Opportunity Trust stock for Q1 2018, up 22% quarter-over-quarter.
- 19 funds opened new Invesco Municipal Opportunity Trust positions in Q1 2018 and 14 closed out, a net change of +5 holders.
- The largest Invesco Municipal Opportunity Trust buyer in Q1 2018 was Karpus Investment Management, an estimated $8.55M added.
- The largest Invesco Municipal Opportunity Trust seller in Q1 2018 was Laurion Capital Management, an estimated $1.9M sold.
Based on aggregated 13F filings for Q1 2018.