Franklin Universal Trust
36 hedge funds and large institutions have $28.7M invested in Franklin Universal Trust in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 4 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
3% more capital invested
Capital invested by funds: $28M → $28.7M (+$702K)
0.13% more ownership
Funds ownership: 15.59% → 15.72% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 39 → 36 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$918K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$313K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$97.3K |
| 4 |
Morgan Stanley
New York
|
+$78.1K |
| 5 |
SCM
Saba Capital Management
New York
|
+$73.3K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $119K | – | – | – |
|
|
CL
27
CSS LLC
Chicago,
Illinois
| $111K | – | – | – |
|
|
RJFSA
28
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $91K | – | – | – |
|
29
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $84K | +$585 | +81 | +0.7% |
|
|
SCM
30
Saba Capital Management
New York
| $74K | +$73.3K | +10,145 | New |
|
31
UBS Group
Zurich,
Switzerland
| $68K | +$31.6K | +4,368 | +87% |
|
|
NFG
32
Next Financial Group
Houston,
Texas
| $52K | +$4.7K | +650 | +10% |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| $39K | – | – | – |
|
|
WAM
34
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $22K | – | – | – |
|
|
PA
35
Parallel Advisors
San Francisco,
California
| $20K | – | – | – |
|
|
GC
36
Guggenheim Capital
Chicago,
Illinois
| – | -$76K | -10,702 | Closed |
|
37
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$9K | -1,304 | Closed |
|
|
DADC
38
D.A. Davidson & Co
Great Falls,
Montana
| – | -$2K | -415 | Closed |
|
|
FANJ
39
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$1K | -200 | Closed |
|
FT Hedge Fund Activity: Q3 2017 in Review
36 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q3 2017, worth a combined $28.7M — up 2.5% from $28M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FT and 1 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 14 added.
The largest buyer was Bulldog Investors, adding an estimated $918K. The largest seller was Advisors Asset Management, cutting an estimated $866K.
- 36 institutional investors held Franklin Universal Trust (FT) as of Q3 2017, down from 39 in Q2 2017.
- Funds reported $28.7M of Franklin Universal Trust stock for Q3 2017, up 2.5% quarter-over-quarter.
- 1 fund opened new Franklin Universal Trust positions in Q3 2017 and 4 closed out, a net change of -3 holders.
- The largest Franklin Universal Trust buyer in Q3 2017 was Bulldog Investors, an estimated $918K added.
- The largest Franklin Universal Trust seller in Q3 2017 was Advisors Asset Management, an estimated $866K sold.
Based on aggregated 13F filings for Q3 2017.