AQR Arbitrage’s Franklin Managed Municipal Income Trust PMM Stock Holding History

AQR Arbitrage’s Portfolio PMM Stock Details PMM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q2	–	Sell	-10,550	Closed	-$79K	–	532
2019 Q1	$79K	Sell	10,550 -74,672	-88%	-$540K	﹤0.01%	502
2018 Q4	$573K	Buy	85,222 +49,069	+136%	+$334K	0.01%	340
2018 Q3	$250K	Hold	36,153	–	–	﹤0.01%	398
2018 Q2	$256K	Buy	36,153 +7,796	+27%	+$55K	﹤0.01%	366
2018 Q1	$202K	Buy	+28,357	New	+$203K	﹤0.01%	347
2016 Q1	–	Sell	-46,573	Closed	-$343K	–	440
2015 Q4	$343K	Sell	46,573 -54,820	-54%	-$397K	﹤0.01%	403
2015 Q3	$725K	Sell	101,393 -28,998	-22%	-$206K	0.01%	310
2015 Q2	$922K	Sell	130,391 -27,256	-17%	-$197K	0.01%	270
2015 Q1	$1.17M	Buy	+157,647	New	+$1.15M	0.02%	279

Other funds holding PMM

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

RCM

Robinson Capital Management Grosse Pointe Farms, Michigan $226M AUM 6.92% 1-Year Est. Return

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return

UCFA

United Capital Financial Advisors Irving, Texas $18.2B AUM 22.02% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Cohen & Steers New York $63.2B AUM 17.15% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $15.9B AUM 53.4% 1-Year Est. Return

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

AQR Arbitrage's PMM Position: Q2 2019 in Review

AQR Arbitrage sold out of Franklin Managed Municipal Income Trust (PMM) in Q2 2019, closing a stake of 10,550 shares — an estimated $79K sold.

AQR Arbitrage first reported a position in PMM in Q1 2015 and held it in 9 quarters. The position peaked at $1.17M in Q1 2015. 72 funds tracked by Wall St. Rank hold PMM as of Q2 2019.

AQR Arbitrage reported no remaining Franklin Managed Municipal Income Trust position as of Q2 2019 after selling out during the quarter.
AQR Arbitrage sold 10,550 Franklin Managed Municipal Income Trust shares in Q2 2019, an estimated $79K.
AQR Arbitrage first reported a position in Franklin Managed Municipal Income Trust in Q1 2015 and held it in 9 quarters.
AQR Arbitrage's Franklin Managed Municipal Income Trust position peaked at $1.17M in Q1 2015.
72 funds tracked by Wall St. Rank held Franklin Managed Municipal Income Trust as of Q2 2019.

Based on AQR Arbitrage's 13F filing for Q2 2019, filed 14 Aug 2019.