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Invesco Municipal Opportunity Trust

115 hedge funds and large institutions have $229M invested in Invesco Municipal Opportunity Trust in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 28 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

38% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 13

36% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 28

33% more capital invested

Capital invested by funds: $172M → $229M (+$57.3M)

5% more funds holding

Funds holding: 110115 (+5)

4.42% more ownership

Funds ownership: 30.98%35.4% (+4.4%)

Holders
115
Holders Change
+5
Holders Change %
+4.55%
% of All Funds
1.68%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
18
Increased
38
Reduced
28
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BI
1
Bramshill Investments
Florida
$53.5M +$4.07M +465,195 +9%
KIM
2
Karpus Investment Management
New York
$20M +$5.3M +604,881 +41%
RCM
3
Rivernorth Capital Management
Florida
$19.5M -$293K -33,447 -2%
SIA
4
Sit Investment Associates
Minnesota
$11.4M -$2.32M -265,296 -18%
HWAM
5
Hennion & Walsh Asset Management
New Jersey
$10.4M +$2.85M +325,043 +43%
Fiera Capital (Canada)
6
Fiera Capital (Canada)
Quebec, Canada
$10.3M +$893K +101,893 +11%
UBS Group
7
UBS Group
Switzerland
$10.3M -$4.58M -522,987 -33%
GC
8
Guggenheim Capital
Illinois
$8.86M +$700K +79,880 +9%
LSC
9
Logan Stone Capital
Illinois
$7.58M +$3.47M +396,527 +101%
SCM
10
Saba Capital Management
New York
$7.24M +$5.56M +635,241 +538%
RCM
11
Robinson Capital Management
Michigan
$7.07M +$4.26M +486,108 +193%
Morgan Stanley
12
Morgan Stanley
New York
$5.92M +$1.92M +218,947 +55%
AA
13
AQR Arbitrage
Connecticut
$4.94M +$522K +59,554 +13%
VanEck Associates
14
VanEck Associates
New York
$4.89M +$528K +60,219 +13%
RJA
15
Raymond James & Associates
Florida
$3.16M -$142K -16,156 -5%
LPL Financial
16
LPL Financial
California
$3.06M +$1.16M +132,042 +71%
Osaic Holdings
17
Osaic Holdings
Arizona
$2.7M -$250K -28,524 -9%
Wells Fargo
18
Wells Fargo
California
$2.22M +$102K +11,623 +5%
WCMNY
19
Westchester Capital Management (New York)
New York
$2.17M +$818K +93,437 +70%
CAN
20
Cetera Advisor Networks
California
$1.82M +$444K +50,678 +36%
WAM
21
Wakefield Asset Management
Colorado
$1.73M -$1.84K -210 -0.1%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$1.65M -$301K -34,373 -17%
LCM
23
Landscape Capital Management
New Jersey
$1.61M +$981K +111,945 +200%
RC
24
Rareview Capital
Nevada
$1.45M +$1.32M +150,758 New
HIP
25
HUB Investment Partners
Texas
$1.29M -$33.4K -3,817 -3%

VMO Hedge Fund Activity: Q4 2023 in Review

115 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco Municipal Opportunity Trust (VMO) for Q4 2023, worth a combined $229M — up 33% from $172M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new VMO positions and 13 closed out — a net gain of 5 holders — while 38 added to existing stakes and 28 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $5.56M. The largest seller was UBS Group, cutting an estimated $4.58M.

  • 115 institutional investors held Invesco Municipal Opportunity Trust (VMO) as of Q4 2023, up from 110 in Q3 2023.
  • Funds reported $229M of Invesco Municipal Opportunity Trust stock for Q4 2023, up 33% quarter-over-quarter.
  • 18 funds opened new Invesco Municipal Opportunity Trust positions in Q4 2023 and 13 closed out, a net change of +5 holders.
  • The largest Invesco Municipal Opportunity Trust buyer in Q4 2023 was Saba Capital Management, an estimated $5.56M added.
  • The largest Invesco Municipal Opportunity Trust seller in Q4 2023 was UBS Group, an estimated $4.58M sold.

Based on aggregated 13F filings for Q4 2023.