Invesco Municipal Opportunity Trust
VMO
110 hedge funds and large institutions have $172M invested in Invesco Municipal Opportunity Trust in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 32 increasing their positions, 32 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
2% more funds holding
Funds holding: 108 → 110 (+2)
1.47% more ownership
Funds ownership: 29.51% → 30.98% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 32
9% less capital invested
Capital invested by funds: $188M → $172M (-$16.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.82M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.5M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$2.2M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.03M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.27M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.26M |
| 3 |
BlackRock
New York
|
-$1.12M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$746K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$720K |
VMO Hedge Fund Activity: Q3 2023 in Review
110 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q3 2023, worth a combined $172M — down 8.6% from $188M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new VMO positions and 7 closed out — a net gain of 4 holders — while 32 added to existing stakes and 32 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.82M. The largest seller was Morgan Stanley, cutting an estimated $1.27M.
- 110 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q3 2023, up from 108 in Q2 2023.
- Funds reported $172M of Invesco Municipal Opportunity Trust stock for Q3 2023, down 8.6% quarter-over-quarter.
- 11 funds opened new Invesco Municipal Opportunity Trust positions in Q3 2023 and 7 closed out, a net change of +4 holders.
- The largest Invesco Municipal Opportunity Trust buyer in Q3 2023 was Rivernorth Capital Management, an estimated $2.82M added.
- The largest Invesco Municipal Opportunity Trust seller in Q3 2023 was Morgan Stanley, an estimated $1.27M sold.
Based on aggregated 13F filings for Q3 2023.