Invesco Municipal Opportunity Trust
VMO
68 hedge funds and large institutions have $62.5M invested in Invesco Municipal Opportunity Trust in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 4 closing their positions.
375% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 4
77% more capital invested
Capital invested by funds: $35.3M → $62.5M (+$27.2M)
26% more funds holding
Funds holding: 54 → 68 (+14)
3.81% more ownership
Funds ownership: 4.16% → 7.97% (+3.8%)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$14.3M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$10.3M |
| 3 |
Goldman Sachs
New York
|
+$2.23M |
| 4 |
Morgan Stanley
New York
|
+$1.58M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.47M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.39M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.35M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$636K |
| 5 |
LPL Financial
San Diego,
California
|
-$311K |
VMO Hedge Fund Activity: Q3 2013 in Review
68 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q3 2013, worth a combined $62.5M — up 77% from $35.3M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new VMO positions and 4 closed out — a net gain of 15 holders — while 17 added to existing stakes and 17 trimmed.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $14.3M. The largest seller was Guggenheim Capital, cutting an estimated $3.47M.
- 68 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q3 2013, up from 54 in Q2 2013.
- Funds reported $62.5M of Invesco Municipal Opportunity Trust stock for Q3 2013, up 77% quarter-over-quarter.
- 19 funds opened new Invesco Municipal Opportunity Trust positions in Q3 2013 and 4 closed out, a net change of +15 holders.
- The largest Invesco Municipal Opportunity Trust buyer in Q3 2013 was Fir Tree Capital Management, an estimated $14.3M added.
- The largest Invesco Municipal Opportunity Trust seller in Q3 2013 was Guggenheim Capital, an estimated $3.47M sold.
Based on aggregated 13F filings for Q3 2013.