Franklin Universal Trust
34 hedge funds and large institutions have $21.4M invested in Franklin Universal Trust in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 4 closing their positions.
240% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 5
10% more capital invested
Capital invested by funds: $19.4M → $21.4M (+$2.01M)
0.59% more ownership
Funds ownership: 10.74% → 11.33% (+0.59%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 36 → 34 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$368K |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$353K |
| 3 |
SCM
Saba Capital Management
New York
|
+$218K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$217K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$311K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$166K |
| 3 |
SG Americas Securities
New York
|
-$88K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$65.7K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$43.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Landscape Capital Management
Englewood,
New Jersey
| $82K | -$43.1K | -5,815 | -35% |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $64K | +$978 | +132 | +2% |
|
|
FMII
28
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $62K | +$23.9K | +3,225 | +65% |
|
|
SF
29
Synovus Financial
Columbus,
Georgia
| $34K | – | – | – |
|
|
RIA
30
Regal Investment Advisors
Kentwood,
Michigan
| $19K | – | – | – |
|
31
Citigroup
New York
| $18K | +$6.67K | +900 | +62% |
|
|
NES
32
New England Securities
New York
| $16K | – | – | – |
|
|
PAS
33
Partnervest Advisory Services
Santa Barbara,
California
| $9K | +$148 | +20 | +2% |
|
|
BRWA
34
B. Riley Wealth Advisors
Boca Raton,
Florida
| $6.75K | +$6.64K | +897 | New |
|
|
VKH
35
Virtu KCG Holdings
New York
| – | -$166K | -23,004 | Closed |
|
|
36
SG Americas Securities
New York
| – | -$88K | -12,232 | Closed |
|
|
HPBT
37
High Point Bank & Trust
High Point,
North Carolina
| – | -$18K | -2,500 | Closed |
|
|
ECM
38
ETrade Capital Management
Arlington,
Virginia
| – | -$2K | -264 | Closed |
|
FT Hedge Fund Activity: Q2 2014 in Review
34 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q2 2014, worth a combined $21.4M — up 10% from $19.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FT and 2 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 17 added.
The largest buyer was Advisors Asset Management, adding an estimated $368K. The largest seller was Doliver Advisors, cutting an estimated $311K.
- 34 institutional investors held Franklin Universal Trust (FT) as of Q2 2014, down from 36 in Q1 2014.
- Funds reported $21.4M of Franklin Universal Trust stock for Q2 2014, up 10% quarter-over-quarter.
- 2 funds opened new Franklin Universal Trust positions in Q2 2014 and 4 closed out, a net change of -2 holders.
- The largest Franklin Universal Trust buyer in Q2 2014 was Advisors Asset Management, an estimated $368K added.
- The largest Franklin Universal Trust seller in Q2 2014 was Doliver Advisors, an estimated $311K sold.
Based on aggregated 13F filings for Q2 2014.