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Invesco Municipal Opportunity Trust

96 hedge funds and large institutions have $116M invested in Invesco Municipal Opportunity Trust in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 22

0.05% more ownership

Funds ownership: 15.35%15.4% (+0.05%)

0% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 20

2% less capital invested

Capital invested by funds: $118M → $116M (-$2.45M)

2% less funds holding

Funds holding: 9896 (-2)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
96
Holders Change
-2
Holders Change %
-2.04%
% of All Funds
2.14%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
20
Increased
29
Reduced
22
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$19.6M +$19.7M +1,772,634 New
BI
2
Bramshill Investments
Florida
$17.8M +$10.3M +924,354 +138%
Fiera Capital (Canada)
3
Fiera Capital (Canada)
Quebec, Canada
$8.16M +$1.11M +99,742 +16%
SIA
4
Sit Investment Associates
Minnesota
$8.14M +$119K +10,700 +1%
UBS Group
5
UBS Group
Switzerland
$6.05M -$507K -45,566 -8%
Bank of America
6
Bank of America
North Carolina
$4.93M -$1.37M -122,931 -22%
Wells Fargo
7
Wells Fargo
California
$4.44M +$1.02M +91,824 +30%
KIM
8
Karpus Investment Management
New York
$4.18M -$25.5M -2,290,174 -86%
VanEck Associates
9
VanEck Associates
New York
$2.96M +$129K +11,636 +5%
MIG
10
Mariner Investment Group
New York
$2.11M +$629K +56,578 +43%
JWA
11
JFS Wealth Advisors
Pennsylvania
$1.77M +$25.9K +2,329 +1%
RJA
12
Raymond James & Associates
Florida
$1.75M -$274K -24,644 -14%
AAM
13
Advisors Asset Management
Colorado
$1.61M +$261K +23,488 +19%
LCM
14
Landscape Capital Management
New Jersey
$1.58M +$755K +67,933 +92%
Stifel Financial
15
Stifel Financial
Missouri
$1.54M +$105K +9,481 +7%
Morgan Stanley
16
Morgan Stanley
New York
$1.47M -$497K -44,669 -25%
GC
17
Guggenheim Capital
Illinois
$1.44M -$83.8K -7,535 -6%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$1.39M +$221K +19,882 +19%
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$1.31M +$405K +36,450 +45%
AA
20
AQR Arbitrage
Connecticut
$1.24M +$852K +76,633 +225%
WAM
21
Weiss Asset Management
Massachusetts
$1.22M +$1.21M +108,800 New
N
22
Nuveen
North Carolina
$1.14M +$447K +40,182 +83%
TA
23
TCG Advisors
Texas
$1.12M +$1.11M +100,242 New
SFWA
24
Summit Financial Wealth Advisors
Louisiana
$1.12M -$165K -14,820 -13%
Invesco
25
Invesco
Georgia
$1.02M -$1.07M -96,459 -51%

VMO Hedge Fund Activity: Q4 2018 in Review

96 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q4 2018, worth a combined $116M — down 2.1% from $118M a quarter earlier.

Fund positioning in VMO was balanced in Q4 2018: 20 funds opened new positions, 20 closed out, 29 added to existing stakes and 22 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $19.7M. The largest seller was Karpus Investment Management, cutting an estimated $25.5M.

  • 96 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q4 2018, down from 98 in Q3 2018.
  • Funds reported $116M of Invesco Municipal Opportunity Trust stock for Q4 2018, down 2.1% quarter-over-quarter.
  • 20 funds opened new Invesco Municipal Opportunity Trust positions in Q4 2018 and 20 closed out, a net change of 0 holders.
  • The largest Invesco Municipal Opportunity Trust buyer in Q4 2018 was Rivernorth Capital Management, an estimated $19.7M added.
  • The largest Invesco Municipal Opportunity Trust seller in Q4 2018 was Karpus Investment Management, an estimated $25.5M sold.

Based on aggregated 13F filings for Q4 2018.