Franklin Universal Trust
31 hedge funds and large institutions have $21.5M invested in Franklin Universal Trust in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 5 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.7% less ownership
Funds ownership: 12.55% → 11.85% (-0.7%)
4% less capital invested
Capital invested by funds: $22.4M → $21.5M (-$878K)
11% less funds holding
Funds holding: 35 → 31 (-4)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$184K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$80K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$74.3K |
| 5 |
Morgan Stanley
New York
|
+$37.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.13M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$550K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$397K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$316K |
| 5 |
SCM
Saba Capital Management
New York
|
-$263K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $15K | +$15.3K | +2,127 | New |
|
|
FNBT
27
FineMark National Bank & Trust
Fort Myers,
Florida
| $14K | – | – | – |
|
|
RCG
28
Ruggie Capital Group
Tavares,
Florida
| $14K | – | – | – |
|
29
Citigroup
New York
| $14K | +$3.61K | +503 | +33% |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $11K | – | – | – |
|
|
PSI
31
Pinnacle Summer Investments
Fairfax,
Virginia
| $9K | – | – | – |
|
|
SFS
32
Shaker Financial Services
Arlington,
Virginia
| – | -$1.13M | -158,494 | Closed |
|
|
DA
33
Doliver Advisors
Houston,
Texas
| – | -$316K | -44,584 | Closed |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$241K | -33,914 | Closed |
|
|
LCM
35
Landscape Capital Management
Englewood,
New Jersey
| – | -$151K | -21,336 | Closed |
|
|
BRWA
36
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$6 | -897 | Closed |
|
FT Hedge Fund Activity: Q1 2015 in Review
31 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q1 2015, worth a combined $21.5M — down 3.9% from $22.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FT and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 13 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.4M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.13M sold.
- 31 institutional investors held Franklin Universal Trust (FT) as of Q1 2015, down from 35 in Q4 2014.
- Funds reported $21.5M of Franklin Universal Trust stock for Q1 2015, down 3.9% quarter-over-quarter.
- 2 funds opened new Franklin Universal Trust positions in Q1 2015 and 5 closed out, a net change of -3 holders.
- The largest Franklin Universal Trust buyer in Q1 2015 was Advisors Asset Management, an estimated $1.4M added.
- The largest Franklin Universal Trust seller in Q1 2015 was Shaker Financial Services, an estimated $1.13M sold.
Based on aggregated 13F filings for Q1 2015.