Franklin Universal Trust
33 hedge funds and large institutions have $24.7M invested in Franklin Universal Trust in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 6
14% more capital invested
Capital invested by funds: $21.7M → $24.7M (+$3.07M)
1% more ownership
Funds ownership: 13.63% → 14.63% (+1%)
3% less funds holding
Funds holding: 34 → 33 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$554K |
| 2 |
MSAM
Moloney Securities Asset Management
Manchester,
Missouri
|
+$544K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$531K |
| 4 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$531K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$765K |
| 2 |
Morgan Stanley
New York
|
-$210K |
| 3 |
Jane Street
New York
|
-$179K |
| 4 |
Goldman Sachs
New York
|
-$172K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$130K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Landscape Capital Management
Englewood,
New Jersey
| $111K | +$110K | +16,432 | New |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $77K | – | – | – |
|
|
CAN
28
Cetera Advisor Networks
El Segundo,
California
| $69.8K | – | – | – |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $21.6K | – | – | – |
|
|
PA
30
Parallel Advisors
San Francisco,
California
| $18.8K | – | – | – |
|
31
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $18K | +$18K | +2,693 | New |
|
|
PWMG
32
Prestige Wealth Management Group
Flemington,
New Jersey
| $4.37K | – | – | – |
|
|
CHC
33
City Holding Co
Charleston,
West Virginia
| $53 | – | – | – |
|
|
34
Jane Street
New York
| – | -$179K | -28,333 | Closed |
|
|
35
Goldman Sachs
New York
| – | -$172K | -27,200 | Closed |
|
36
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$92K | -14,503 | Closed |
|
37
Millennium Management
New York
| – | -$74K | -11,678 | Closed |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | -$1K | -149 | Closed |
|
FT Hedge Fund Activity: Q4 2022 in Review
33 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q4 2022, worth a combined $24.7M — up 14% from $21.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FT and 4 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 15 added.
The largest buyer was Wolverine Asset Management, adding an estimated $554K. The largest seller was Wells Fargo, cutting an estimated $765K.
- 33 institutional investors held Franklin Universal Trust (FT) as of Q4 2022, down from 34 in Q3 2022.
- Funds reported $24.7M of Franklin Universal Trust stock for Q4 2022, up 14% quarter-over-quarter.
- 4 funds opened new Franklin Universal Trust positions in Q4 2022 and 5 closed out, a net change of -1 holder.
- The largest Franklin Universal Trust buyer in Q4 2022 was Wolverine Asset Management, an estimated $554K added.
- The largest Franklin Universal Trust seller in Q4 2022 was Wells Fargo, an estimated $765K sold.
Based on aggregated 13F filings for Q4 2022.