We are live on ! Find out more
VMO icon

Invesco Municipal Opportunity Trust
VMO

70 hedge funds and large institutions have $102M invested in Invesco Municipal Opportunity Trust in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 16

2% more capital invested

Capital invested by funds: $99.8M → $102M (+$1.7M)

0.1% more ownership

Funds ownership: 11.84% → 11.94% (+0.1%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

1% less funds holding

Funds holding: 71 → 70 (-1)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
70
Holders Change
-1
Holders Change %
-1.41%
% of All Funds
2.03%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
6
Increased
22
Reduced
16
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AllianceBernstein
AllianceBernstein
Tennessee
+$3.01M
2
AQR Capital Management
AQR Capital Management
Connecticut
+$1.78M
3
AAM
Advisors Asset Management
Colorado
+$1.07M
4
KIM
Karpus Investment Management
New York
+$961K
5
Cohen & Steers
Cohen & Steers
New York
+$538K

Top Sellers

Rank Fund Capital Flow
1
MIG
Mariner Investment Group
New York
-$1.64M
2
RCM
Rivernorth Capital Management
Florida
-$1.6M
3
Morgan Stanley
Morgan Stanley
New York
-$1.3M
4
NCM
Newgate Capital Management
Connecticut
-$892K
5
GEM
Global Endowment Management
North Carolina
-$771K
Name Holding Trade Value Shares
Change 		Change in
Stake
KIM
1
Karpus Investment Management
New York
$19.9M +$961K +77,236 +5%
RCM
2
Rivernorth Capital Management
Florida
$19.5M -$1.6M -128,603 -8%
AllianceBernstein
3
AllianceBernstein
Tennessee
$11M +$3.01M +241,889 +38%
NVIM
4
New Vernon Investment Management
Illinois
$6.21M – – –
GC
5
Guggenheim Capital
Illinois
$3.23M +$305K +24,520 +10%
LPL Financial
6
LPL Financial
California
$3.18M -$55.5K -4,463 -2%
Goldman Sachs
7
Goldman Sachs
New York
$3.13M +$143K +11,462 +5%
Cohen & Steers
8
Cohen & Steers
New York
$2.79M +$538K +43,245 +24%
Morgan Stanley
9
Morgan Stanley
New York
$2.56M -$1.3M -104,429 -34%
AAM
10
Advisors Asset Management
Colorado
$2.54M +$1.07M +85,673 +73%
CA
11
Cornerstone Advisors
North Carolina
$2.43M – – –
U
12
UBS
Switzerland
$2.31M -$9.51K -764 -0.4%
PPA
13
Parametric Portfolio Associates
Washington
$2.2M +$100K +8,061 +5%
SIA
14
Sit Investment Associates
Minnesota
$1.9M – – –
GEM
15
Global Endowment Management
North Carolina
$1.81M -$771K -62,000 -30%
AQR Capital Management
16
AQR Capital Management
Connecticut
$1.79M +$1.78M +142,856 New
Invesco
17
Invesco
Georgia
$1.18M – – –
Wells Fargo
18
Wells Fargo
California
$956K -$701K -56,371 -42%
VanEck Associates
19
VanEck Associates
New York
$887K +$24.8K +1,990 +3%
Bank of America
20
Bank of America
North Carolina
$866K +$185K +14,877 +27%
GWM
21
Greenwich Wealth Management
Connecticut
$843K -$52K -4,180 -6%
N
22
Nuveen
North Carolina
$606K – – –
RJA
23
Raymond James & Associates
Florida
$593K +$184K +14,791 +46%
FFSOTS
24
Fiduciary Financial Services of The Southwest
Texas
$519K – – –
ACI
25
AMP Capital Investors
Australia
$512K +$510K +41,000 New
1
2 3 4

VMO Hedge Fund Activity: Q3 2014 in Review

70 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q3 2014, worth a combined $102M — up 1.7% from $99.8M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of VMO and 6 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 22 added.

The largest buyer was AllianceBernstein, adding an estimated $3.01M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $1.64M sold.

  • 70 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q3 2014, down from 71 in Q2 2014.
  • Funds reported $102M of Invesco Municipal Opportunity Trust stock for Q3 2014, up 1.7% quarter-over-quarter.
  • 6 funds opened new Invesco Municipal Opportunity Trust positions in Q3 2014 and 7 closed out, a net change of -1 holder.
  • The largest Invesco Municipal Opportunity Trust buyer in Q3 2014 was AllianceBernstein, an estimated $3.01M added.
  • The largest Invesco Municipal Opportunity Trust seller in Q3 2014 was Mariner Investment Group, an estimated $1.64M sold.

Based on aggregated 13F filings for Q3 2014.