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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, Q1 2026

Institutional positions in Franklin Municipal Opportunities Trust as of Mar 31, 2026. 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
89
+3 vs. Q4 2025
Shares held
8.74M
+68.2K (+0.8%) vs. Q4 2025
Total value
$90.0M
−$2.71M (−2.9%) vs. Q4 2025
New holders
9
30 more added
Sold out
6
22 more reduced

2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 89 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 heldQ1 2026: $90.0M
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, Q1 2026

Shares, value and share of portfolio for each institution holding Franklin Municipal Opportunities Trust; share changes are against Q4 2025.

Institutions holding PMO in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Elevated Capital Advisors, LLC595$6.13K0.00%00.0%Unchanged
Hilltop National Bank780$8.03K0.00%00.0%Unchanged
Community Financial Services Group, LLC935$9.58K0.00%+935New
Anchor Investment Management, LLC1,000$10.3K0.00%00.0%Unchanged
Mascoma Wealth Management LLC1,191$12.3K0.00%00.0%Unchanged
International Assets Investment Management, LLC1,234$12.7K0.00%+5+0.4%Added
Cullen/Frost Bankers, Inc.1,266$13.0K0.00%+1,266New
Geneos Wealth Management Inc.1,563$16.1K0.00%00.0%Unchanged
Blue Bell Private Wealth Management, LLC2,123$21.9K0.00%00.0%Unchanged
Wolverine Asset Management LLC2,200$22.7K0.00%+2,200New
Rothschild Investment LLC2,389$24.6K0.00%00.0%Unchanged
Advisory Services Network, LLC2,483$25.6K0.00%+2,483New
Harbour Investments, Inc.2,908$30.0K0.00%+1,500+106.5%Added
St Germain D J Co Inc3,000$30.9K0.00%00.0%Unchanged
CX Institutional3,036$31.0K0.00%+33+1.1%Added
Huntington National Bank–$33.2K0.00%–New
Activest Wealth Management4,150$42.7K0.01%+375+9.9%Added
Duncker Streett & Co Inc4,900$50.5K0.01%00.0%Unchanged
MAI Capital Management7,201$74.2K0.00%00.0%Unchanged
Fifth Third Bancorp9,379$96.6K0.00%+6,840+269.4%Added
Oakmont Investment Advisors, Inc.10,000$103.0K0.09%−4,100−29.1%Reduced
Meridian Wealth Management, LLC10,108$104.1K0.00%00.0%Unchanged
Aviance Capital Partners, LLC11,016$113.5K0.01%+461+4.4%Added
Tyche Wealth Partners LLC11,940$123.0K0.02%00.0%Unchanged
Allworth Financial LP12,000$123.6K0.00%00.0%Unchanged
Folger Nolan Fleming Douglas Capital Management, Inc12,262$126.3K0.01%+12,262New
Staley Capital Advisers Inc12,500$128.8K0.01%00.0%Unchanged
Gill Capital Partners, LLC12,756$131.4K0.04%−2,057−13.9%Reduced
Successful Portfolios LLC13,428$137.8K0.08%00.0%Unchanged
Collaborative Wealth Managment Inc.13,400$138.0K0.06%00.0%Unchanged
Smith Asset Management Co., LLC13,742$141.5K0.12%+13,742New
Moors & Cabot, Inc.13,980$144.0K0.01%+142+1.0%Added
Spire Wealth Management14,000$144.2K0.00%00.0%Unchanged
Westview Management dba Westview Investment Advisors15,300$157.6K0.08%00.0%Unchanged
HighTower Advisors, LLC15,708$161.8K0.00%−8,404−34.9%Reduced
Concurrent Investment Advisors, LLC18,340$188.9K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co19,778$203.7K0.00%−600−2.9%Reduced
Burford Brothers, Inc.19,900$205.0K0.08%00.0%Unchanged
Integrated Capital Management, Inc.20,076$206.8K0.14%−2,832−12.4%Reduced
Oppenheimer & Co Inc20,173$207.8K0.00%+27+0.1%Added
Cresset Asset Management, LLC20,300$209.1K0.00%00.0%Unchanged
Catalina Capital Group, LLC20,515$211.3K0.13%00.0%Unchanged
Closed-End Fund Advisors, Inc.21,640$222.9K0.23%00.0%Unchanged
Generation Capital Management LLC22,748$234.3K0.17%00.0%Unchanged
Susquehanna International Group, LLP24,229$249.6K0.00%+1,041+4.5%Added
Colony Group, LLC24,809$255.5K0.00%−28,200−53.2%Reduced
Stratos Wealth Partners, LTD.25,930$267.1K0.00%+3,630+16.3%Added
Cyndeo Wealth Partners, LLC28,522$293.8K0.02%+2,512+9.7%Added
Twin Focus Capital Partners, LLC31,294$322.3K0.04%00.0%Unchanged
Royal Bank of Canada31,423$324.0K0.00%−7,147−18.5%Reduced
Advisor Group Holdings, Inc.32,191$331.6K0.00%+1,211+3.9%Added
Cambridge Investment Research Advisors, Inc.32,830$338.0K0.00%+364+1.1%Added
Wiley Bros.-Aintree Capital, LLC34,062$350.8K0.00%+2,730+8.7%Added
Ackerman Capital Advisors, LLC38,427$395.8K0.08%+15,927+70.8%Added
Noble Wealth Management PBC42,750$440.3K0.23%+1,150+2.8%Added
Summit Trail Advisors, LLC42,882$441.7K0.01%+42,882New
Bank of New York Mellon Corp48,497$499.5K0.00%+48,497New
Karpus Management, Inc.63,644$655.5K0.02%−97,922−60.6%Reduced
Capital Investment Advisors, LLC73,904$761.2K0.01%−4,774−6.1%Reduced
Smith, Moore & Co.75,650$779.2K0.06%−39,586−34.4%Reduced
Riverbridge Partners LLC76,842$791.5K0.02%−41,388−35.0%Reduced
Rockefeller Capital Management L.P.80,204$826.1K0.00%−9,243−10.3%Reduced
Stifel Financial Corp81,104$835.4K0.00%+2,512+3.2%Added
Raymond James Financial Inc91,054$937.9K0.00%+24,685+37.2%Added
Nova R Wealth, Inc.93,059$958.5K0.31%00.0%Unchanged
Intellus Advisors LLC95,885$987.6K0.13%−5,134−5.1%Reduced
Fiera Capital Corp98,624$1.02M0.00%−184,879−65.2%Reduced
Park Avenue Securities LLC106,033$1.09M0.01%−2,319−2.1%Reduced
UBS Group AG126,188$1.30M0.00%−11,810−8.6%Reduced
Worthington Financial Partners, LLC142,771$1.47M1.26%−9,264−6.1%Reduced
Allspring Global Investments Holdings, LLC149,888$1.54M0.00%+173+0.1%Added
Bank of America Corp153,187$1.58M0.00%−1,972−1.3%Reduced
Envestnet Asset Management Inc162,789$1.68M0.00%−2,624−1.6%Reduced
Cohen & Steers, Inc.169,200$1.74M0.00%+35,000+26.1%Added
LPL Financial LLC183,902$1.89M0.00%+5,295+3.0%Added
Invesco Ltd.195,019$2.01M0.00%+35,766+22.5%Added
Ameriprise Financial Inc214,829$2.21M0.00%+35,673+19.9%Added
Pathstone Holdings, LLC245,806$2.53M0.01%−126,778−34.0%Reduced
Van Eck Associates Corp253,959$2.62M0.00%+43,707+20.8%Added
Wells Fargo & Company292,663$3.01M0.00%−79,354−21.3%Reduced
Commonwealth Equity Services, LLC307,913$3.17M0.00%+4,003+1.3%Added
1607 Capital Partners, LLC311,109$3.20M0.23%00.0%Unchanged
Morgan Stanley434,514$4.48M0.00%+33,303+8.3%Added
Melfa Wealth Management, LLC472,403$4.87M2.79%00.0%Unchanged
Hennion & Walsh Asset Management, Inc.561,941$5.79M0.19%+43,250+8.3%Added
Robinson Capital Management, LLC578,271$5.97M2.67%+84,875+17.2%Added
Guggenheim Capital LLC598,891$6.17M0.05%−65,023−9.8%Reduced
Rivernorth Capital Management, LLC685,823$7.06M0.36%+258,198+60.4%Added
Advisors Asset Management, Inc.693,736$7.15M0.12%+95,392+15.9%Added
Bank of Montreal0$00.00%−21,508−100.0%Sold out
Jane Street Group, LLC0$00.00%−12,965−100.0%Sold out
Wellspring Financial Advisors, LLC0$00.00%−10,500−100.0%Sold out
MML Investors Services, LLC0$00.00%−10,014−100.0%Sold out
Elyxium Wealth, LLC0$00.00%−4,158−100.0%Sold out
Kilter Group LLC0$00.00%−1,255−100.0%Sold out
Comerica Bank––––Not filed
Global Retirement Partners, LLC––––Not filed