Franklin Universal Trust
36 hedge funds and large institutions have $19.4M invested in Franklin Universal Trust in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 3 closing their positions.
14% more capital invested
Capital invested by funds: $17.1M → $19.4M (+$2.33M)
0.95% more ownership
Funds ownership: 9.79% → 10.74% (+0.95%)
0% more funds holding
Funds holding: 36 → 36 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$950K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$506K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$353K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$163K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$496K |
| 2 |
Morgan Stanley
New York
|
-$300K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$193K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$143K |
| 5 |
SG Americas Securities
New York
|
-$113K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CL
26
CSS LLC
Chicago,
Illinois
| $100K | – | – | – |
|
|
27
SG Americas Securities
New York
| $88K | -$113K | -15,869 | -56% |
|
|
WA
28
WFG Advisors
Dallas,
Texas
| $61K | -$22.5K | -3,174 | -27% |
|
|
FMII
29
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $36K | – | – | – |
|
|
SF
30
Synovus Financial
Columbus,
Georgia
| $32K | – | – | – |
|
|
HPBT
31
High Point Bank & Trust
High Point,
North Carolina
| $18K | – | – | – |
|
|
RIA
32
Regal Investment Advisors
Kentwood,
Michigan
| $18K | – | – | – |
|
|
NES
33
New England Securities
New York
| $15K | – | – | – |
|
34
Citigroup
New York
| $10K | -$8.72K | -1,230 | -46% |
|
|
PAS
35
Partnervest Advisory Services
Santa Barbara,
California
| $9K | +$135 | +19 | +2% |
|
|
ECM
36
ETrade Capital Management
Arlington,
Virginia
| $2K | +$35 | +5 | +2% |
|
|
FAAS
37
First Allied Advisory Services
San Diego,
California
| – | -$193K | -27,685 | Closed |
|
38
Creative Planning
Overland Park,
Kansas
| – | -$10K | -1,507 | Closed |
|
|
BFEC
39
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$3K | -495 | Closed |
|
FT Hedge Fund Activity: Q1 2014 in Review
36 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q1 2014, worth a combined $19.4M — up 14% from $17.1M a quarter earlier.
Fund positioning in FT was balanced in Q1 2014: 3 funds opened new positions, 3 closed out, 10 added to existing stakes and 13 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $950K. The largest seller was Advisors Asset Management, cutting an estimated $496K.
- 36 institutional investors held Franklin Universal Trust (FT) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $19.4M of Franklin Universal Trust stock for Q1 2014, up 14% quarter-over-quarter.
- 3 funds opened new Franklin Universal Trust positions in Q1 2014 and 3 closed out, a net change of 0 holders.
- The largest Franklin Universal Trust buyer in Q1 2014 was Saba Capital Management, an estimated $950K added.
- The largest Franklin Universal Trust seller in Q1 2014 was Advisors Asset Management, an estimated $496K sold.
Based on aggregated 13F filings for Q1 2014.