Franklin Universal Trust
33 hedge funds and large institutions have $24.9M invested in Franklin Universal Trust in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 4 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
0% less capital invested
Capital invested by funds: $24.9M → $24.9M (-$32K)
1.52% less ownership
Funds ownership: 15.9% → 14.38% (-1.5%)
3% less funds holding
Funds holding: 34 → 33 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$509K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$274K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$153K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$113K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$78K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$2.22M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$477K |
| 3 |
LPL Financial
San Diego,
California
|
-$311K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$234K |
| 5 |
Citigroup
New York
|
-$186K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $25K | +$8.5K | +1,304 | +54% |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $16K | +$978 | +150 | +7% |
|
|
FNBT
28
FineMark National Bank & Trust
Fort Myers,
Florida
| $13K | – | – | – |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $13K | +$12K | +1,842 | New |
|
|
30
Citigroup
New York
| $10K | -$186K | -28,508 | -95% |
|
|
KKAMG
31
Kernodle & Katon Asset Management Group
Searcy,
Arkansas
| $7K | – | – | – |
|
|
DADC
32
D.A. Davidson & Co
Great Falls,
Montana
| $2K | +$2.71K | +415 | New |
|
|
SFS
33
Shaker Financial Services
Arlington,
Virginia
| – | -$234K | -37,521 | Closed |
|
|
AIG
34
American International Group
New York
| – | -$176K | -28,227 | Closed |
|
|
TC
35
TFS Capital
West Chester,
Pennsylvania
| – | -$76K | -12,136 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$2K | -331 | Closed |
|
FT Hedge Fund Activity: Q2 2016 in Review
33 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q2 2016, worth a combined $24.9M — down 0.13% from $24.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FT and 3 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 13 added.
The largest buyer was Advisors Asset Management, adding an estimated $509K. The largest seller was Financial & Investment Management Group, cutting an estimated $2.22M.
- 33 institutional investors held Franklin Universal Trust (FT) as of Q2 2016, down from 34 in Q1 2016.
- Funds reported $24.9M of Franklin Universal Trust stock for Q2 2016, down 0.13% quarter-over-quarter.
- 3 funds opened new Franklin Universal Trust positions in Q2 2016 and 4 closed out, a net change of -1 holder.
- The largest Franklin Universal Trust buyer in Q2 2016 was Advisors Asset Management, an estimated $509K added.
- The largest Franklin Universal Trust seller in Q2 2016 was Financial & Investment Management Group, an estimated $2.22M sold.
Based on aggregated 13F filings for Q2 2016.