Invesco Municipal Opportunity Trust
VMO
88 hedge funds and large institutions have $125M invested in Invesco Municipal Opportunity Trust in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 11 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 18
1% more funds holding
Funds holding: 87 → 88 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.99% less ownership
Funds ownership: 15.86% → 14.87% (-0.99%)
5% less capital invested
Capital invested by funds: $131M → $125M (-$6.02M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$11.4M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$4.56M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$696K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$503K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$365K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$21.4M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.56M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.01M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$919K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$681K |
VMO Hedge Fund Activity: Q3 2019 in Review
88 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q3 2019, worth a combined $125M — down 4.6% from $131M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new VMO positions and 11 closed out — a net gain of 1 holder — while 29 added to existing stakes and 18 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $11.4M. The largest seller was Bramshill Investments, cutting an estimated $21.4M.
- 88 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q3 2019, up from 87 in Q2 2019.
- Funds reported $125M of Invesco Municipal Opportunity Trust stock for Q3 2019, down 4.6% quarter-over-quarter.
- 12 funds opened new Invesco Municipal Opportunity Trust positions in Q3 2019 and 11 closed out, a net change of +1 holder.
- The largest Invesco Municipal Opportunity Trust buyer in Q3 2019 was Guggenheim Capital, an estimated $11.4M added.
- The largest Invesco Municipal Opportunity Trust seller in Q3 2019 was Bramshill Investments, an estimated $21.4M sold.
Based on aggregated 13F filings for Q3 2019.