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Invesco Municipal Opportunity Trust

69 hedge funds and large institutions have $92.2M invested in Invesco Municipal Opportunity Trust in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 22

1.18% less ownership

Funds ownership: 12.47%11.29% (-1.2%)

5% less capital invested

Capital invested by funds: $97.4M → $92.2M (-$5.24M)

9% less funds holding

Funds holding: 7669 (-7)

58% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 12

Holders
69
Holders Change
-7
Holders Change %
-9.21%
% of All Funds
1.99%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.06%
New
5
Increased
20
Reduced
22
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$20.5M -$461K -38,079 -2%
KIM
2
Karpus Investment Management
New York
$17.4M +$1.4M +115,212 +9%
AllianceBernstein
3
AllianceBernstein
Tennessee
$6.58M -$13.7M -1,127,306 -68%
NVIM
4
New Vernon Investment Management
Illinois
$6.05M +$5.48M +452,592 +1,043%
Morgan Stanley
5
Morgan Stanley
New York
$4.47M +$154K +12,681 +4%
LPL Financial
6
LPL Financial
California
$3.26M -$404K -33,331 -11%
Goldman Sachs
7
Goldman Sachs
New York
$2.92M -$18.3K -1,515 -0.6%
GEM
8
Global Endowment Management
North Carolina
$2.52M
CA
9
Cornerstone Advisors
North Carolina
$2.37M -$1.2M -99,275 -34%
GC
10
Guggenheim Capital
Illinois
$2.35M -$157K -12,927 -6%
MIG
11
Mariner Investment Group
New York
$1.95M +$1M +82,741 +108%
SIA
12
Sit Investment Associates
Minnesota
$1.85M -$12 -1 -0%
PPA
13
Parametric Portfolio Associates
Washington
$1.71M +$259K +21,367 +18%
Wells Fargo
14
Wells Fargo
California
$1.6M -$244K -20,147 -13%
U
15
UBS
Switzerland
$1.58M +$1.01M +83,693 +183%
AQR Capital Management
16
AQR Capital Management
Connecticut
$1.4M +$15.4K +1,272 +1%
NCM
17
Newgate Capital Management
Connecticut
$1.02M +$410K +33,847 +69%
GCM
18
Gruss Capital Management
New York
$975K
GWM
19
Greenwich Wealth Management
Connecticut
$871K -$103K -8,500 -11%
VanEck Associates
20
VanEck Associates
New York
$631K +$42.8K +3,532 +7%
N
21
Nuveen
North Carolina
$590K
FFSOTS
22
Fiduciary Financial Services of The Southwest
Texas
$521K -$67.5K -5,577 -12%
AAM
23
Advisors Asset Management
Colorado
$510K +$205K +16,957 +68%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$491K +$229K +18,900 +88%
HK
25
Horizon Kinetics
New York
$465K -$9.99K -825 -2%

VMO Hedge Fund Activity: Q1 2014 in Review

69 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q1 2014, worth a combined $92.2M — down 5.4% from $97.4M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of VMO and 5 opened new positions — a net loss of 7 holders — while 22 trimmed existing stakes and 20 added.

The largest buyer was New Vernon Investment Management, adding an estimated $5.48M. The largest seller was AllianceBernstein, cutting an estimated $13.7M.

  • 69 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q1 2014, down from 76 in Q4 2013.
  • Funds reported $92.2M of Invesco Municipal Opportunity Trust stock for Q1 2014, down 5.4% quarter-over-quarter.
  • 5 funds opened new Invesco Municipal Opportunity Trust positions in Q1 2014 and 12 closed out, a net change of -7 holders.
  • The largest Invesco Municipal Opportunity Trust buyer in Q1 2014 was New Vernon Investment Management, an estimated $5.48M added.
  • The largest Invesco Municipal Opportunity Trust seller in Q1 2014 was AllianceBernstein, an estimated $13.7M sold.

Based on aggregated 13F filings for Q1 2014.