Invesco Municipal Opportunity Trust
VMO
71 hedge funds and large institutions have $99.8M invested in Invesco Municipal Opportunity Trust in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 3 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
8% more capital invested
Capital invested by funds: $92.2M → $99.8M (+$7.64M)
3% more funds holding
Funds holding: 69 → 71 (+2)
0.54% more ownership
Funds ownership: 11.29% → 11.84% (+0.54%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$2.24M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.16M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.03M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$936K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$690K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.4M |
| 2 |
GCM
Gruss Capital Management
New York
|
-$975K |
| 3 |
Morgan Stanley
New York
|
-$720K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$363K |
| 5 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$155K |
VMO Hedge Fund Activity: Q2 2014 in Review
71 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q2 2014, worth a combined $99.8M — up 8.3% from $92.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new VMO positions and 3 closed out — a net gain of 2 holders — while 24 added to existing stakes and 14 trimmed.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $2.24M. The largest seller was AQR Capital Management, exiting entirely with an estimated $1.4M sold.
- 71 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q2 2014, up from 69 in Q1 2014.
- Funds reported $99.8M of Invesco Municipal Opportunity Trust stock for Q2 2014, up 8.3% quarter-over-quarter.
- 5 funds opened new Invesco Municipal Opportunity Trust positions in Q2 2014 and 3 closed out, a net change of +2 holders.
- The largest Invesco Municipal Opportunity Trust buyer in Q2 2014 was Cohen & Steers, an estimated $2.24M added.
- The largest Invesco Municipal Opportunity Trust seller in Q2 2014 was AQR Capital Management, an estimated $1.4M sold.
Based on aggregated 13F filings for Q2 2014.