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Franklin Municipal Opportunities Trust

PMO
Exchange
NYSE
SEC CIK
0000900422

No open-market purchases or sales by Franklin Municipal Opportunities Trust insiders were filed in the last 90 days; 89 institutions reported holding it in 13F filings for Q2 2026, worth $94.6M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Franklin Municipal Opportunities Trust as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
85
−1 vs. Q2 2025
Shares held
7.88M
+402.8K (+5.4%) vs. Q2 2025
Total value
$81.4M
+$7.44M (+10.1%) vs. Q2 2025
New holders
6
26 more added
Sold out
7
20 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PMO on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 85 institutions
Q1 2021: 78 institutionsQ2 2021: 74 institutionsQ3 2021: 72 institutionsQ4 2021: 78 institutionsQ1 2022: 84 institutionsQ2 2022: 77 institutionsQ3 2022: 73 institutionsQ4 2022: 66 institutionsQ1 2023: 69 institutionsQ2 2023: 71 institutionsQ3 2023: 71 institutionsQ4 2023: 84 institutionsQ1 2024: 86 institutionsQ2 2024: 88 institutionsQ3 2024: 100 institutionsQ4 2024: 95 institutionsQ1 2025: 83 institutionsQ2 2025: 87 institutionsQ3 2025: 85 institutionsQ4 2025: 88 institutionsQ1 2026: 89 institutionsQ2 2026: 89 institutions
Value heldQ3 2025: $81.4M
Q1 2021: $58.2MQ2 2021: $57.2MQ3 2021: $53.9MQ4 2021: $53.9MQ1 2022: $51.6MQ2 2022: $47.4MQ3 2022: $38.7MQ4 2022: $47.7MQ1 2023: $46.8MQ2 2023: $50.2MQ3 2023: $49.7MQ4 2023: $69.1MQ1 2024: $63.1MQ2 2024: $64.1MQ3 2024: $74.2MQ4 2024: $75.4MQ1 2025: $74.7MQ2 2025: $74.0MQ3 2025: $81.4MQ4 2025: $92.9MQ1 2026: $90.0MQ2 2026: $94.6M
Institutions holding PMO and their total value by quarter
QuarterHoldersValue
Q2 202689$94.6M
Q1 202689$90.0M
Q4 202588$92.9M
Q3 202585$81.4M
Q2 202587$74.0M
Q1 202583$74.7M
Q4 202495$75.4M
Q3 2024100$74.2M
Q2 202488$64.1M
Q1 202486$63.1M
Q4 202384$69.1M
Q3 202371$49.7M
Q2 202371$50.2M
Q1 202369$46.8M
Q4 202266$47.7M
Q3 202273$38.7M
Q2 202277$47.4M
Q1 202284$51.6M
Q4 202178$53.9M
Q3 202172$53.9M
Q2 202174$57.2M
Q1 202178$58.2M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Franklin Municipal Opportunities Trust; share changes are against Q2 2025.

Institutions holding PMO in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Guggenheim Capital LLC607,756$6.28M0.05%+2,790+0.5%Added
Pathstone Holdings, LLC563,544$5.82M0.02%+33,826+6.4%Added
Melfa Wealth Management, LLC480,444$4.96M2.91%00.0%Unchanged
Hennion & Walsh Asset Management, Inc.447,956$4.63M0.17%−2,410−0.5%Reduced
Advisors Asset Management, Inc.420,550$4.34M0.07%+113,434+36.9%Added
Morgan Stanley384,451$3.97M0.00%+16,790+4.6%Added
1607 Capital Partners, LLC350,361$3.62M0.27%−27,050−7.2%Reduced
Commonwealth Equity Services, LLC320,652$3.31M0.00%+658+0.2%Added
Fiera Capital Corp288,875$2.98M0.01%−2,357−0.8%Reduced
Wells Fargo & Company279,658$2.89M0.00%+54,844+24.4%Added
Karpus Management, Inc.256,492$2.65M0.08%+24,500+10.6%Added
Rivernorth Capital Management, LLC247,520$2.56M0.15%00.0%Unchanged
Ameriprise Financial Inc187,989$1.94M0.00%+4,111+2.2%Added
Van Eck Associates Corp184,741$1.91M0.00%−513−0.3%Reduced
Matisse Capital166,367$1.72M0.77%00.0%Unchanged
Robinson Capital Management, LLC160,455$1.66M1.19%+72,016+81.4%Added
Bank of America Corp154,223$1.59M0.00%+1,874+1.2%Added
LPL Financial LLC152,045$1.57M0.00%+24,812+19.5%Added
UBS Group AG136,444$1.41M0.00%−22,191−14.0%Reduced
Cohen & Steers, Inc.134,200$1.39M0.00%00.0%Unchanged
Allspring Global Investments Holdings, LLC132,044$1.36M0.00%+37,636+39.9%Added
Smith, Moore & Co.125,303$1.29M0.10%+47,300+60.6%Added
Envestnet Asset Management Inc123,602$1.28M0.00%−2,524−2.0%Reduced
Park Avenue Securities LLC110,789$1.14M0.01%−3,127−2.7%Reduced
Invesco Ltd.104,027$1.07M0.00%+25,294+32.1%Added
Intellus Advisors LLC102,463$1.06M0.14%−24,001−19.0%Reduced
Rockefeller Capital Management L.P.93,776$968.7K0.00%+538+0.6%Added
Nova R Wealth, Inc.93,059$961.3K0.41%00.0%Unchanged
Capital Investment Advisors, LLC90,193$931.7K0.02%−812−0.9%Reduced
Riverbridge Partners LLC77,040$795.8K0.01%+2,074+2.8%Added
Stifel Financial Corp73,101$755.1K0.00%+38,752+112.8%Added
Raymond James Financial Inc65,709$678.8K0.00%−4,465−6.4%Reduced
Noble Wealth Management PBC44,000$454.5K0.24%+44,000New
Advisor Group Holdings, Inc.39,932$396.6K0.00%−2,877−6.7%Reduced
Cambridge Investment Research Advisors, Inc.34,778$359.0K0.00%−4,789−12.1%Reduced
Kovitz Investment Group Partners, LLC32,000$330.6K0.00%00.0%Unchanged
Twin Focus Capital Partners, LLC31,294$323.3K0.04%00.0%Unchanged
Royal Bank of Canada30,076$311.0K0.00%+8,002+36.3%Added
Cyndeo Wealth Partners, LLC25,981$268.4K0.01%+512+2.0%Added
Leigh Baldwin & Co., LLC25,814$266.7K0.15%+302+1.2%Added
Integrated Capital Management, Inc.23,151$239.2K0.17%−1,867−7.5%Reduced
Bank of Montreal22,731$234.8K0.00%+326+1.5%Added
Stratos Wealth Partners, LTD.22,300$230.4K0.00%+22,300New
HighTower Advisors, LLC20,856$215.4K0.00%−1,312−5.9%Reduced
Susquehanna International Group, LLP20,782$214.7K0.00%−7,770−27.2%Reduced
Catalina Capital Group, LLC20,515$211.9K0.13%00.0%Unchanged
Northwestern Mutual Wealth Management Co20,378$210.5K0.00%−245−1.2%Reduced
Cresset Asset Management, LLC20,300$209.7K0.00%00.0%Unchanged
Ackerman Capital Advisors, LLC20,025$206.9K0.04%+20,025New
Burford Brothers, Inc.19,900$205.6K0.09%00.0%Unchanged
Concurrent Investment Advisors, LLC18,340$189.5K0.00%+350+1.9%Added
Oppenheimer & Co Inc17,646$182.3K0.00%00.0%Unchanged
Generation Capital Management LLC16,748$173.0K0.13%00.0%Unchanged
Sunpointe, LLC15,360$158.7K0.06%−10−0.1%Reduced
Gill Capital Partners, LLC14,813$153.0K0.05%−8,277−35.8%Reduced
Spire Wealth Management14,000$144.6K0.00%00.0%Unchanged
Successful Portfolios LLC13,428$138.7K0.08%+1,000+8.0%Added
Collaborative Wealth Managment Inc.13,400$138.4K0.06%00.0%Unchanged
Staley Capital Advisers Inc12,500$129.1K0.01%00.0%Unchanged
Moors & Cabot, Inc.12,218$126.2K0.01%+769+6.7%Added
Allworth Financial LP12,139$125.4K0.00%+139+1.2%Added
Tyche Wealth Partners LLC11,940$123.3K0.02%00.0%Unchanged
Jane Street Group, LLC11,894$122.9K0.00%+11,894New
Private Wealth Advisors11,093$114.6K0.04%−681−5.8%Reduced
Aviance Capital Partners, LLC10,515$108.6K0.01%−2,429−18.8%Reduced
Wellspring Financial Advisors, LLC10,500$108.5K0.01%00.0%Unchanged
Prospera Financial Services Inc10,432$107.8K0.00%+94+0.9%Added
Citadel Advisors LLC10,257$106.0K0.00%+10,257New
Meridian Wealth Management, LLC10,108$104.4K0.00%00.0%Unchanged
MAI Capital Management7,201$74.4K0.00%00.0%Unchanged
Comerica Bank5,038$52.0K0.00%00.0%Unchanged
Duncker Streett & Co Inc4,900$50.6K0.01%00.0%Unchanged
Global Retirement Partners, LLC4,348$44.9K0.00%00.0%Unchanged
Activest Wealth Management4,150$42.9K0.01%00.0%Unchanged
CX Institutional2,969$31.0K0.00%00.0%Unchanged
St Germain D J Co Inc3,000$31.0K0.00%00.0%Unchanged
Blue Bell Private Wealth Management, LLC2,923$30.2K0.00%00.0%Unchanged
Fifth Third Bancorp2,539$26.2K0.00%00.0%Unchanged
Rothschild Investment LLC2,389$24.7K0.00%00.0%Unchanged
Geneos Wealth Management Inc.1,563$16.1K0.00%00.0%Unchanged
Harbour Investments, Inc.1,408$14.5K0.00%00.0%Unchanged
Mascoma Wealth Management LLC1,191$12.3K0.00%00.0%Unchanged
Kilter Group LLC1,181$12.2K0.01%+1,181New
Anchor Investment Management, LLC1,000$10.3K0.00%00.0%Unchanged
Hilltop National Bank780$8.06K0.00%00.0%Unchanged
Tectonic Advisors LLC0$00.00%−36,290−100.0%Sold out
American National Bank0$00.00%−20,000−100.0%Sold out
Wolverine Asset Management LLC0$00.00%−18,044−100.0%Sold out
Cetera Investment Advisers0$00.00%−10,898−100.0%Sold out
Nomura Holdings Inc0$00.00%−10,000−100.0%Sold out
US Bancorp0$00.00%−4,686−100.0%Sold out
Elequin Capital LP0$00.00%−8−100.0%Sold out
Oliver Lagore Vanvalin Investment Group––––Not filed