Invesco Municipal Opportunity Trust
VMO
91 hedge funds and large institutions have $128M invested in Invesco Municipal Opportunity Trust in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 14 closing their positions.
7% more capital invested
Capital invested by funds: $119M → $128M (+$8.18M)
2.25% more ownership
Funds ownership: 14.3% → 16.54% (+2.2%)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
4% less funds holding
Funds holding: 95 → 91 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$14M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$9.85M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$5.51M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$2.25M |
| 5 |
Goldman Sachs
New York
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$5.44M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$4.48M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.21M |
| 4 |
VanEck Associates
New York
|
-$816K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$629K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
101
Wolverine Asset Management
Chicago,
Illinois
| – | -$63K | -5,114 | Closed |
|
|
AA
102
Argent Advisors
Monroe,
Louisiana
| – | -$33K | -2,744 | Closed |
|
|
PFO
103
Pathstone Family Office
Englewood,
New Jersey
| – | -$257K | -2,081 | Closed |
|
|
MIM
104
Macroview Investment Management
Bethesda,
Maryland
| – | -$23K | -1,885 | Closed |
|
105
BlackRock
New York
| – | -$12K | -1,000 | Closed |
|
VMO Hedge Fund Activity: Q1 2020 in Review
91 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q1 2020, worth a combined $128M — up 6.8% from $119M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of VMO and 13 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 27 added.
The largest buyer was Bramshill Investments, adding an estimated $14M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $5.44M sold.
- 91 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q1 2020, down from 95 in Q4 2019.
- Funds reported $128M of Invesco Municipal Opportunity Trust stock for Q1 2020, up 6.8% quarter-over-quarter.
- 13 funds opened new Invesco Municipal Opportunity Trust positions in Q1 2020 and 14 closed out, a net change of -1 holder.
- The largest Invesco Municipal Opportunity Trust buyer in Q1 2020 was Bramshill Investments, an estimated $14M added.
- The largest Invesco Municipal Opportunity Trust seller in Q1 2020 was Robinson Capital Management, an estimated $5.44M sold.
Based on aggregated 13F filings for Q1 2020.