Franklin Universal Trust
32 hedge funds and large institutions have $27.6M invested in Franklin Universal Trust in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 7 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
1.96% less ownership
Funds ownership: 15.53% → 13.56% (-2%)
16% less funds holding
Funds holding: 38 → 32 (-6)
16% less capital invested
Capital invested by funds: $33M → $27.6M (-$5.4M)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$1.51M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$497K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$261K |
| 4 |
UCI
Uncommon Cents Investing
Janesville,
Wisconsin
|
+$126K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.24M |
| 2 |
Morgan Stanley
New York
|
-$1.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$482K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$402K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
26
NewEdge Advisors
New Orleans,
Louisiana
| $130K | +$18K | +2,200 | +16% |
|
27
Bank of America
Charlotte,
North Carolina
| $122K | -$43.7K | -5,350 | -26% |
|
|
AAM
28
Advisors Asset Management
Monument,
Colorado
| $111K | -$198K | -24,172 | -64% |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $26K | – | – | – |
|
|
PA
30
Parallel Advisors
San Francisco,
California
| $23K | – | – | – |
|
|
PWMG
31
Prestige Wealth Management Group
Flemington,
New Jersey
| $5K | – | – | – |
|
|
SFS
32
Shaker Financial Services
Arlington,
Virginia
| – | -$2.24M | -264,873 | Closed |
|
|
33
Ameriprise
Minneapolis,
Minnesota
| – | -$1.1M | -130,610 | Closed |
|
|
CCP
34
Clough Capital Partners
Boston,
Massachusetts
| – | -$177K | -20,937 | Closed |
|
35
Citadel Advisors
Miami,
Florida
| – | -$158K | -18,640 | Closed |
|
36
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$107K | -12,657 | Closed |
|
|
ACM
37
Anfield Capital Management
Irvine,
California
| – | -$96K | -11,391 | Closed |
|
|
SPA
38
Shore Point Advisors
Brielle,
New Jersey
| – | -$36K | -4,305 | Closed |
|
FT Hedge Fund Activity: Q1 2022 in Review
32 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q1 2022, worth a combined $27.6M — down 16% from $33M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FT and 2 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 14 added.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $1.51M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.24M sold.
- 32 institutional investors held Franklin Universal Trust (FT) as of Q1 2022, down from 38 in Q4 2021.
- Funds reported $27.6M of Franklin Universal Trust stock for Q1 2022, down 16% quarter-over-quarter.
- 2 funds opened new Franklin Universal Trust positions in Q1 2022 and 7 closed out, a net change of -5 holders.
- The largest Franklin Universal Trust buyer in Q1 2022 was Westchester Capital Management (New York), an estimated $1.51M added.
- The largest Franklin Universal Trust seller in Q1 2022 was Shaker Financial Services, an estimated $2.24M sold.
Based on aggregated 13F filings for Q1 2022.