Invesco Municipal Opportunity Trust
VMO
73 hedge funds and large institutions have $73.8M invested in Invesco Municipal Opportunity Trust in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
0.49% less ownership
Funds ownership: 8.25% → 7.76% (-0.49%)
1% less funds holding
Funds holding: 74 → 73 (-1)
46% less capital inflows, than outflows
Capital inflows: $5.07M | Capital outflows: $9.45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.57M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$489K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$407K |
| 4 |
Cetera Advisor Networks
El Segundo,
California
|
+$299K |
| 5 |
VanEck Associates
New York
|
+$280K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
-$2.54M |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
-$1.59M |
| 3 |
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
-$1.41M |
| 4 |
Peregrine Asset Advisers
Portland,
Oregon
|
-$1.14M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$918K |
VMO Hedge Fund Activity: Q3 2016 in Review
73 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q3 2016, worth a combined $73.8M — down 10% from $82.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new VMO positions and 6 closed out — a net gain of 1 holder — while 24 added to existing stakes and 21 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.57M. The largest seller was New Vernon Investment Management, exiting entirely with an estimated $2.54M sold.
- 73 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q3 2016, down from 74 in Q2 2016.
- Funds reported $73.8M of Invesco Municipal Opportunity Trust stock for Q3 2016, down 10% quarter-over-quarter.
- 7 funds opened new Invesco Municipal Opportunity Trust positions in Q3 2016 and 6 closed out, a net change of +1 holder.
- The largest Invesco Municipal Opportunity Trust buyer in Q3 2016 was Wells Fargo, an estimated $1.57M added.
- The largest Invesco Municipal Opportunity Trust seller in Q3 2016 was New Vernon Investment Management, an estimated $2.54M sold.
Based on aggregated 13F filings for Q3 2016.