Franklin Universal Trust
34 hedge funds and large institutions have $21.7M invested in Franklin Universal Trust in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
10% more funds holding
Funds holding: 31 → 34 (+3)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
0.36% less ownership
Funds ownership: 13.99% → 13.63% (-0.36%)
17% less capital invested
Capital invested by funds: $26.2M → $21.7M (-$4.54M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.04M |
| 2 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$327K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$273K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$236K |
| 5 |
Jane Street
New York
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.18M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$597K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$122K |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$98.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$88K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $92K | +$110K | +14,503 | New |
|
27
Millennium Management
New York
| $74K | +$88.8K | +11,678 | New |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $72K | -$98.8K | -12,989 | -53% |
|
|
CAN
29
Cetera Advisor Networks
El Segundo,
California
| $66K | -$5.32K | -700 | -6% |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $20K | – | – | – |
|
|
PA
31
Parallel Advisors
San Francisco,
California
| $18K | – | – | – |
|
|
PWMG
32
Prestige Wealth Management Group
Flemington,
New Jersey
| $4K | – | – | – |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $1K | +$1.13K | +149 | New |
|
|
34
Invesco
Atlanta,
Georgia
| – | -$2.18M | -292,262 | Closed |
|
|
35
Bank of America
Charlotte,
North Carolina
| – | -$88K | -11,789 | Closed |
|
|
TF
36
Trek Financial
Scottsdale,
Arizona
| – | -$83K | -11,173 | Closed |
|
37
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$50K | -6,676 | Closed |
|
FT Hedge Fund Activity: Q3 2022 in Review
34 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q3 2022, worth a combined $21.7M — down 17% from $26.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FT positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Janney Montgomery Scott, adding an estimated $1.04M. The largest seller was Invesco, exiting entirely with an estimated $2.18M sold.
- 34 institutional investors held Franklin Universal Trust (FT) as of Q3 2022, up from 31 in Q2 2022.
- Funds reported $21.7M of Franklin Universal Trust stock for Q3 2022, down 17% quarter-over-quarter.
- 7 funds opened new Franklin Universal Trust positions in Q3 2022 and 4 closed out, a net change of +3 holders.
- The largest Franklin Universal Trust buyer in Q3 2022 was Janney Montgomery Scott, an estimated $1.04M added.
- The largest Franklin Universal Trust seller in Q3 2022 was Invesco, an estimated $2.18M sold.
Based on aggregated 13F filings for Q3 2022.