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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, Q4 2025

Institutional positions in Franklin Municipal Opportunities Trust as of Dec 31, 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
88
+3 vs. Q3 2025
Shares held
8.68M
+793.2K (+10.1%) vs. Q3 2025
Total value
$92.9M
+$11.4M (+14.0%) vs. Q3 2025
New holders
10
29 more added
Sold out
7
20 more reduced

Compare with Q3 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 holdersQ4 2025: 88 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 heldQ4 2025: $92.9M
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, Q4 2025

Shares, value and share of portfolio for each institution holding Franklin Municipal Opportunities Trust; share changes are against Q3 2025.

Institutions holding PMO in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Elevated Capital Advisors, LLC595$6.37K0.00%+595New
Hilltop National Bank780$8.35K0.00%00.0%Unchanged
Anchor Investment Management, LLC1,000$10.7K0.00%00.0%Unchanged
Mascoma Wealth Management LLC1,191$12.7K0.00%00.0%Unchanged
International Assets Investment Management, LLC1,229$13.2K0.00%+1,229New
Kilter Group LLC1,255$13.4K0.01%+74+6.3%Added
Harbour Investments, Inc.1,408$15.1K0.00%00.0%Unchanged
Geneos Wealth Management Inc.1,563$16.7K0.00%00.0%Unchanged
Blue Bell Private Wealth Management, LLC2,123$22.7K0.00%−800−27.4%Reduced
Rothschild Investment LLC2,389$25.6K0.00%00.0%Unchanged
Fifth Third Bancorp2,539$27.2K0.00%00.0%Unchanged
CX Institutional3,003$32.0K0.00%+34+1.1%Added
St Germain D J Co Inc3,000$32.1K0.00%00.0%Unchanged
Activest Wealth Management3,775$40.4K0.01%−375−9.0%Reduced
Elyxium Wealth, LLC4,158$44.5K0.01%+4,158New
Global Retirement Partners, LLC4,348$46.5K0.00%00.0%Unchanged
Duncker Streett & Co Inc4,900$52.4K0.01%00.0%Unchanged
Comerica Bank5,038$53.9K0.00%00.0%Unchanged
MAI Capital Management7,201$77.1K0.00%00.0%Unchanged
MML Investors Services, LLC10,014$107.2K0.00%+10,014New
Meridian Wealth Management, LLC10,108$108.2K0.00%00.0%Unchanged
Wellspring Financial Advisors, LLC10,500$112.3K0.01%00.0%Unchanged
Aviance Capital Partners, LLC10,555$112.9K0.01%+40+0.4%Added
Tyche Wealth Partners LLC11,940$127.8K0.02%00.0%Unchanged
Allworth Financial LP12,000$128.4K0.00%−139−1.1%Reduced
Staley Capital Advisers Inc12,500$133.8K0.01%00.0%Unchanged
Jane Street Group, LLC12,965$138.7K0.00%+1,071+9.0%Added
Successful Portfolios LLC13,428$143.1K0.07%00.0%Unchanged
Collaborative Wealth Managment Inc.13,400$143.4K0.05%00.0%Unchanged
Moors & Cabot, Inc.13,838$148.1K0.01%+1,620+13.3%Added
Spire Wealth Management14,000$149.8K0.01%00.0%Unchanged
Oakmont Investment Advisors, Inc.14,100$150.9K0.11%+14,100New
Gill Capital Partners, LLC14,813$158.5K0.05%00.0%Unchanged
Westview Management dba Westview Investment Advisors15,300$163.7K0.08%+15,300New
Concurrent Investment Advisors, LLC18,340$196.2K0.00%00.0%Unchanged
Burford Brothers, Inc.19,900$212.9K0.09%00.0%Unchanged
Oppenheimer & Co Inc20,146$215.6K0.00%+2,500+14.2%Added
Cresset Asset Management, LLC20,300$217.2K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co20,378$218.0K0.00%00.0%Unchanged
Catalina Capital Group, LLC20,515$219.5K0.13%00.0%Unchanged
Bank of Montreal21,508$230.1K0.00%−1,223−5.4%Reduced
Closed-End Fund Advisors, Inc.21,640$231.5K0.14%+21,640New
Stratos Wealth Partners, LTD.22,300$238.6K0.00%00.0%Unchanged
Ackerman Capital Advisors, LLC22,500$240.8K0.05%+2,475+12.4%Added
Generation Capital Management LLC22,748$243.4K0.16%+6,000+35.8%Added
Integrated Capital Management, Inc.22,908$245.1K0.16%−243−1.0%Reduced
Susquehanna International Group, LLP23,188$248.1K0.00%+2,406+11.6%Added
HighTower Advisors, LLC24,112$258.0K0.00%+3,256+15.6%Added
Cyndeo Wealth Partners, LLC26,010$278.3K0.02%+29+0.1%Added
Advisor Group Holdings, Inc.30,980$331.5K0.00%−8,952−22.4%Reduced
Twin Focus Capital Partners, LLC31,294$334.8K0.04%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC31,332$335.3K0.00%+31,332New
Cambridge Investment Research Advisors, Inc.32,466$347.0K0.00%−2,312−6.6%Reduced
Royal Bank of Canada38,570$412.0K0.00%+8,494+28.2%Added
Noble Wealth Management PBC41,600$445.1K0.22%−2,400−5.5%Reduced
Colony Group, LLC53,009$567.2K0.00%+53,009New
Raymond James Financial Inc66,369$710.1K0.00%+660+1.0%Added
Stifel Financial Corp78,592$840.9K0.00%+5,491+7.5%Added
Capital Investment Advisors, LLC78,678$841.9K0.01%−11,515−12.8%Reduced
Rockefeller Capital Management L.P.89,447$957.1K0.00%−4,329−4.6%Reduced
Nova R Wealth, Inc.93,059$995.7K0.36%00.0%Unchanged
Intellus Advisors LLC101,019$1.08M0.14%−1,444−1.4%Reduced
Park Avenue Securities LLC108,352$1.16M0.01%−2,437−2.2%Reduced
Smith, Moore & Co.115,236$1.23M0.09%−10,067−8.0%Reduced
Riverbridge Partners LLC118,230$1.27M0.02%+41,190+53.5%Added
Cohen & Steers, Inc.134,200$1.44M0.00%00.0%Unchanged
UBS Group AG137,998$1.48M0.00%+1,554+1.1%Added
Allspring Global Investments Holdings, LLC149,715$1.60M0.00%+17,671+13.4%Added
Worthington Financial Partners, LLC152,035$1.63M1.44%+152,035New
Bank of America Corp155,159$1.66M0.00%+936+0.6%Added
Invesco Ltd.159,253$1.70M0.00%+55,226+53.1%Added
Karpus Management, Inc.161,566$1.73M0.05%−94,926−37.0%Reduced
Envestnet Asset Management Inc165,413$1.77M0.00%+41,811+33.8%Added
LPL Financial LLC178,607$1.91M0.00%+26,562+17.5%Added
Ameriprise Financial Inc179,156$1.92M0.00%−8,833−4.7%Reduced
Van Eck Associates Corp210,252$2.25M0.00%+25,511+13.8%Added
Fiera Capital Corp283,503$3.03M0.01%−5,372−1.9%Reduced
Commonwealth Equity Services, LLC303,910$3.25M0.00%−16,742−5.2%Reduced
1607 Capital Partners, LLC311,109$3.33M0.23%−39,252−11.2%Reduced
Wells Fargo & Company372,017$3.98M0.00%+92,359+33.0%Added
Pathstone Holdings, LLC372,584$3.99M0.02%−190,960−33.9%Reduced
Morgan Stanley401,211$4.29M0.00%+16,760+4.4%Added
Rivernorth Capital Management, LLC427,625$4.58M0.22%+180,105+72.8%Added
Melfa Wealth Management, LLC472,403$5.05M2.91%−8,041−1.7%Reduced
Robinson Capital Management, LLC493,396$5.28M2.21%+332,941+207.5%Added
Hennion & Walsh Asset Management, Inc.518,691$5.55M0.19%+70,735+15.8%Added
Advisors Asset Management, Inc.598,344$6.40M0.11%+177,794+42.3%Added
Guggenheim Capital LLC663,914$7.10M0.05%+56,158+9.2%Added
Matisse Capital0$00.00%−166,367−100.0%Sold out
Kovitz Investment Group Partners, LLC0$00.00%−32,000−100.0%Sold out
Leigh Baldwin & Co., LLC0$00.00%−25,814−100.0%Sold out
Sunpointe, LLC0$00.00%−15,360−100.0%Sold out
Private Wealth Advisors0$00.00%−11,093−100.0%Sold out
Prospera Financial Services Inc0$00.00%−10,432−100.0%Sold out
Citadel Advisors LLC0$00.00%−10,257−100.0%Sold out