Invesco Municipal Opportunity Trust
VMO
115 hedge funds and large institutions have $241M invested in Invesco Municipal Opportunity Trust in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 15 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
5% more capital invested
Capital invested by funds: $229M → $241M (+$11.7M)
1.38% more ownership
Funds ownership: 35.4% → 36.78% (+1.4%)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
0% more funds holding
Funds holding: 115 → 115 (0)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$52.6M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$15.3M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.01M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.71M |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$53.5M |
| 2 |
Morgan Stanley
New York
|
-$2.9M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.37M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$2.32M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LNWWM
126
Laird Norton Wetherby Wealth Management
San Francisco,
California
| – | -$112K | -11,697 | Closed |
|
|
TC
127
Truvestments Capital
Sarasota,
Florida
| – | -$25.1K | -2,608 | Closed |
|
128
Comerica Bank
Dallas,
Texas
| – | -$8.76K | -911 | Closed |
|
|
WB
129
Webster Bank
Waterbury,
Connecticut
| – | -$7.67K | -798 | Closed |
|
|
EC
130
Elequin Capital
New York
| – | -$5.21K | -542 | Closed |
|
|
CT
131
Cambridge Trust
Cambridge,
Massachusetts
| – | -$4.8K | -500 | Closed |
|
VMO Hedge Fund Activity: Q1 2024 in Review
115 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q1 2024, worth a combined $241M — up 5.1% from $229M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new VMO positions and 15 closed out — a net gain of 1 holder — while 35 added to existing stakes and 31 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $52.6M. The largest seller was Bramshill Investments, exiting entirely with an estimated $53.5M sold.
- 115 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $241M of Invesco Municipal Opportunity Trust stock for Q1 2024, up 5.1% quarter-over-quarter.
- 16 funds opened new Invesco Municipal Opportunity Trust positions in Q1 2024 and 15 closed out, a net change of +1 holder.
- The largest Invesco Municipal Opportunity Trust buyer in Q1 2024 was Saba Capital Management, an estimated $52.6M added.
- The largest Invesco Municipal Opportunity Trust seller in Q1 2024 was Bramshill Investments, an estimated $53.5M sold.
Based on aggregated 13F filings for Q1 2024.