Franklin Universal Trust
39 hedge funds and large institutions have $29.4M invested in Franklin Universal Trust in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
3% more funds holding
Funds holding: 38 → 39 (+1)
1.4% more ownership
Funds ownership: 15.74% → 17.14% (+1.4%)
4% more capital invested
Capital invested by funds: $28.4M → $29.4M (+$1.05M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$2.51M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$478K |
| 3 |
Morgan Stanley
New York
|
+$274K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$158K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$308K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$271K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$256K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$187K |
| 5 |
MSAM
Moloney Securities Asset Management
Manchester,
Missouri
|
-$122K |
FT Hedge Fund Activity: Q1 2018 in Review
39 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q1 2018, worth a combined $29.4M — up 3.7% from $28.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FT positions and 6 closed out — a net gain of 1 holder — while 14 added to existing stakes and 12 trimmed.
The largest buyer was Financial & Investment Management Group, adding an estimated $2.51M. The largest seller was Cetera Advisor Networks, exiting entirely with an estimated $308K sold.
- 39 institutional investors held Franklin Universal Trust (FT) as of Q1 2018, up from 38 in Q4 2017.
- Funds reported $29.4M of Franklin Universal Trust stock for Q1 2018, up 3.7% quarter-over-quarter.
- 7 funds opened new Franklin Universal Trust positions in Q1 2018 and 6 closed out, a net change of +1 holder.
- The largest Franklin Universal Trust buyer in Q1 2018 was Financial & Investment Management Group, an estimated $2.51M added.
- The largest Franklin Universal Trust seller in Q1 2018 was Cetera Advisor Networks, an estimated $308K sold.
Based on aggregated 13F filings for Q1 2018.