Invesco Municipal Opportunity Trust
VMO
82 hedge funds and large institutions have $118M invested in Invesco Municipal Opportunity Trust in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 24 reducing their positions, and 20 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 24
2% more capital invested
Capital invested by funds: $116M → $118M (+$2.37M)
0.69% less ownership
Funds ownership: 15.4% → 14.71% (-0.69%)
15% less funds holding
Funds holding: 96 → 82 (-14)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
70% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$11.7M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.04M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$735K |
| 4 |
TA
TCG Advisors
Austin,
Texas
|
+$543K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$471K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$8.74M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.31M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.23M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.33M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.3M |
VMO Hedge Fund Activity: Q1 2019 in Review
82 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q1 2019, worth a combined $118M — up 2.1% from $116M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of VMO and 6 opened new positions — a net loss of 14 holders — while 24 trimmed existing stakes and 27 added.
The largest buyer was Bramshill Investments, adding an estimated $11.7M. The largest seller was Rivernorth Capital Management, cutting an estimated $8.74M.
- 82 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q1 2019, down from 96 in Q4 2018.
- Funds reported $118M of Invesco Municipal Opportunity Trust stock for Q1 2019, up 2.1% quarter-over-quarter.
- 6 funds opened new Invesco Municipal Opportunity Trust positions in Q1 2019 and 20 closed out, a net change of -14 holders.
- The largest Invesco Municipal Opportunity Trust buyer in Q1 2019 was Bramshill Investments, an estimated $11.7M added.
- The largest Invesco Municipal Opportunity Trust seller in Q1 2019 was Rivernorth Capital Management, an estimated $8.74M sold.
Based on aggregated 13F filings for Q1 2019.