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FT

Franklin Universal Trust
FT

34 hedge funds and large institutions have $22.1M invested in Franklin Universal Trust in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 6

1.93% less ownership

Funds ownership: 15.01% → 13.08% (-1.9%)

8% less funds holding

Funds holding: 37 → 34 (-3)

18% less capital invested

Capital invested by funds: $26.9M → $22.1M (-$4.77M)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

Holders
34
Holders Change
-3
Holders Change %
-8.11%
% of All Funds
0.53%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
15
Reduced
6
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
+$569K
2
HWAM
Hennion & Walsh Asset Management
New Jersey
+$321K
3
Invesco
Invesco
Georgia
+$171K
4
MSAM
Moloney Securities Asset Management
Missouri
+$101K
5
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
+$76.8K

Top Sellers

Rank Fund Capital Flow
1
FIA
Foundations Investment Advisors
Arizona
-$2M
2
Koshinski Asset Management
Koshinski Asset Management
Illinois
-$1.35M
3
Wells Fargo
Wells Fargo
California
-$730K
4
RW
RVW Wealth
California
-$333K
5
SFS
Shaker Financial Services
Virginia
-$193K
Name Holding Trade Value Shares
Change 		Change in
Stake
CAN
26
Cetera Advisor Networks
California
$69.8K – – –
LCM
27
Landscape Capital Management
New Jersey
$68.2K +$69.2K +10,133 New
PNC Financial Services Group
28
PNC Financial Services Group
Pennsylvania
$21.6K – – –
FPF
29
First Pacific Financial
Washington
$19.4K +$19.7K +2,881 New
PA
30
Parallel Advisors
California
$18.8K – – –
PWMG
31
Prestige Wealth Management Group
New Jersey
$4.38K – – –
Northwestern Mutual Wealth Management
32
Northwestern Mutual Wealth Management
Wisconsin
$3.37K – – –
BTI
33
Blue Trust Inc
Georgia
$3K +$2.56K +375 New
Fidelity Investments
34
Fidelity Investments
Massachusetts
$7 +$7 +1 New
FIA
35
Foundations Investment Advisors
Arizona
– -$2M -280,404 Closed
RW
36
RVW Wealth
California
– -$333K -46,700 Closed
PFS
37
Prospera Financial Services
Texas
– -$126K -17,690 Closed
JP Morgan Chase
38
JP Morgan Chase
New York
– -$59K -8,335 Closed
Bank of America
39
Bank of America
North Carolina
– -$9.18K -1,287 Closed
AAS
40
Ameritas Advisory Services
Nebraska
– -$4.23K -600 Closed
LWP
41
Lumature Wealth Partners
Georgia
– -$3.85K -540 Closed
1
2

FT Hedge Fund Activity: Q2 2023 in Review

34 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q2 2023, worth a combined $22.1M — down 18% from $26.9M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FT and 5 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 15 added.

The largest buyer was LPL Financial, adding an estimated $569K. The largest seller was Foundations Investment Advisors, exiting entirely with an estimated $2M sold.

  • 34 institutional investors held Franklin Universal Trust (FT) as of Q2 2023, down from 37 in Q1 2023.
  • Funds reported $22.1M of Franklin Universal Trust stock for Q2 2023, down 18% quarter-over-quarter.
  • 5 funds opened new Franklin Universal Trust positions in Q2 2023 and 7 closed out, a net change of -2 holders.
  • The largest Franklin Universal Trust buyer in Q2 2023 was LPL Financial, an estimated $569K added.
  • The largest Franklin Universal Trust seller in Q2 2023 was Foundations Investment Advisors, an estimated $2M sold.

Based on aggregated 13F filings for Q2 2023.