Franklin Universal Trust
48 hedge funds and large institutions have $33.8M invested in Franklin Universal Trust in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 8 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
1.55% more ownership
Funds ownership: 19.61% → 21.16% (+1.5%)
3% more capital invested
Capital invested by funds: $32.8M → $33.8M (+$1.01M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 50 → 48 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$916K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$793K |
| 3 |
Morgan Stanley
New York
|
+$704K |
| 4 |
MSAM
Moloney Securities Asset Management
Manchester,
Missouri
|
+$498K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.49M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$593K |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$418K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$388K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$318K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| – | -$23K | -3,520 | Closed |
|
|
WAM
52
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$20K | -2,993 | Closed |
|
|
APP
53
Avantax Planning Partners
Dubuque,
Iowa
| – | -$17K | -2,550 | Closed |
|
|
CPIG
54
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$7K | -1,011 | Closed |
|
55
Fidelity Investments
Boston,
Massachusetts
| – | +$7 | +1 | New |
|
FT Hedge Fund Activity: Q4 2018 in Review
48 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q4 2018, worth a combined $33.8M — up 3.1% from $32.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FT and 7 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 14 added.
The largest buyer was Financial & Investment Management Group, adding an estimated $916K. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.49M sold.
- 48 institutional investors held Franklin Universal Trust (FT) as of Q4 2018, down from 50 in Q3 2018.
- Funds reported $33.8M of Franklin Universal Trust stock for Q4 2018, up 3.1% quarter-over-quarter.
- 7 funds opened new Franklin Universal Trust positions in Q4 2018 and 8 closed out, a net change of -1 holder.
- The largest Franklin Universal Trust buyer in Q4 2018 was Financial & Investment Management Group, an estimated $916K added.
- The largest Franklin Universal Trust seller in Q4 2018 was Shaker Financial Services, an estimated $1.49M sold.
Based on aggregated 13F filings for Q4 2018.