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FT

Franklin Universal Trust
FT

45 hedge funds and large institutions have $30.8M invested in Franklin Universal Trust in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.91% less ownership

Funds ownership: 18.64% → 15.73% (-2.9%)

4% less funds holding

Funds holding: 47 → 45 (-2)

13% less capital invested

Capital invested by funds: $35.3M → $30.8M (-$4.56M)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

25% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 16

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
45
Holders Change
-2
Holders Change %
-4.26%
% of All Funds
0.89%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
7
Increased
12
Reduced
16
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$625K
2
AAM
Advisors Asset Management
Colorado
+$563K
3
Morgan Stanley
Morgan Stanley
New York
+$367K
4
Wells Fargo
Wells Fargo
California
+$234K
5
Stifel Financial
Stifel Financial
Missouri
+$132K

Top Sellers

1
BI
Bulldog Investors
New Jersey
-$2.25M
2
BFM
Boothbay Fund Management
New York
-$1.96M
3
RJA
Raymond James & Associates
Florida
-$841K
4
SFS
Shaker Financial Services
Virginia
-$758K
5
LCM
Landscape Capital Management
New Jersey
-$703K
Name Holding Trade Value Shares
Change 		Change in
Stake
DA
26
Doliver Advisors
Texas
$127K -$13.3K -1,743 -10%
CL
27
CSS LLC
Illinois
$120K +$474 +62 +0.4%
SWM
28
SeaCrest Wealth Management
New York
$114K -$35.6K -4,657 -24%
FIB
29
First Interstate Bank
Montana
$109K – – –
CAN
30
Cetera Advisor Networks
California
$98K – – –
Susquehanna International Group
31
Susquehanna International Group
Pennsylvania
$98K +$95.8K +12,544 New
FIA
32
FNY Investment Advisers
New York
$96K +$19.8K +2,595 +26%
MAFM
33
Mid Atlantic Financial Management
Pennsylvania
$88K +$86.8K +11,360 New
MC
34
Matisse Capital
Oregon
$87K -$13K -1,700 -13%
RTS
35
Round Table Services
New Jersey
$87K -$13K -1,700 -13%
RJT
36
Raymond James Trust
Florida
$83K – – –
NFG
37
Next Financial Group
Texas
$54K -$10.5K -1,369 -16%
PNC Financial Services Group
38
PNC Financial Services Group
Pennsylvania
$33K – – –
PA
39
Parallel Advisors
California
$22K – – –
TWM
40
TLW Wealth Management
Florida
$19K +$18.4K +2,413 New
Northwestern Mutual Wealth Management
41
Northwestern Mutual Wealth Management
Wisconsin
$8K +$7.72K +1,010 New
VCP
42
Verus Capital Partners
Arizona
$7K +$7.21K +944 New
PWMG
43
Prestige Wealth Management Group
New Jersey
$5K – – –
PCG
44
Private Capital Group
Connecticut
$5K +$5.57K +729 New
BFM
45
Boothbay Fund Management
New York
– -$1.96M -260,403 Closed
SFS
46
Shaker Financial Services
Virginia
– -$758K -100,545 Closed
LCM
47
Landscape Capital Management
New Jersey
– -$703K -93,235 Closed
SKK
48
Shepherd Kaplan Krochuk
Massachusetts
– -$292K -38,700 Closed
Mercer Global Advisors
49
Mercer Global Advisors
Colorado
– -$87K -11,613 Closed
SCM
50
Saba Capital Management
New York
– -$76K -10,058 Closed
1
2
3

FT Hedge Fund Activity: Q4 2019 in Review

45 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q4 2019, worth a combined $30.8M — down 13% from $35.3M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FT and 7 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 12 added.

The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $625K. The largest seller was Bulldog Investors, cutting an estimated $2.25M.

  • 45 institutional investors held Franklin Universal Trust (FT) as of Q4 2019, down from 47 in Q3 2019.
  • Funds reported $30.8M of Franklin Universal Trust stock for Q4 2019, down 13% quarter-over-quarter.
  • 7 funds opened new Franklin Universal Trust positions in Q4 2019 and 9 closed out, a net change of -2 holders.
  • The largest Franklin Universal Trust buyer in Q4 2019 was Envestnet Asset Management, an estimated $625K added.
  • The largest Franklin Universal Trust seller in Q4 2019 was Bulldog Investors, an estimated $2.25M sold.

Based on aggregated 13F filings for Q4 2019.