Invesco Municipal Opportunity Trust
VMO
76 hedge funds and large institutions have $117M invested in Invesco Municipal Opportunity Trust in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
15% more capital invested
Capital invested by funds: $102M → $117M (+$15.7M)
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
9% more funds holding
Funds holding: 70 → 76 (+6)
1.3% more ownership
Funds ownership: 11.94% → 13.24% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.15M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.08M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.04M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$964K |
| 5 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$757K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$832K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$541K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$365K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$326K |
| 5 |
LPL Financial
San Diego,
California
|
-$290K |
VMO Hedge Fund Activity: Q4 2014 in Review
76 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q4 2014, worth a combined $117M — up 15% from $102M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new VMO positions and 5 closed out — a net gain of 7 holders — while 21 added to existing stakes and 19 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.15M. The largest seller was Cohen & Steers, cutting an estimated $832K.
- 76 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q4 2014, up from 70 in Q3 2014.
- Funds reported $117M of Invesco Municipal Opportunity Trust stock for Q4 2014, up 15% quarter-over-quarter.
- 12 funds opened new Invesco Municipal Opportunity Trust positions in Q4 2014 and 5 closed out, a net change of +7 holders.
- The largest Invesco Municipal Opportunity Trust buyer in Q4 2014 was Karpus Investment Management, an estimated $1.15M added.
- The largest Invesco Municipal Opportunity Trust seller in Q4 2014 was Cohen & Steers, an estimated $832K sold.
Based on aggregated 13F filings for Q4 2014.