Franklin Universal Trust
52 hedge funds and large institutions have $31.7M invested in Franklin Universal Trust in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
31% more capital invested
Capital invested by funds: $24.2M → $31.7M (+$7.51M)
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
3.75% more ownership
Funds ownership: 15.82% → 19.57% (+3.7%)
2% more funds holding
Funds holding: 51 → 52 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.73M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.64M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$1.84M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.22M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$775K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.9M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.11M |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$461K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$320K |
| 5 |
FIA
FNY Investment Advisers
New York
|
-$266K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
51
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$1.11M | -158,072 | Closed |
|
|
FIA
52
FNY Investment Advisers
New York
| – | -$266K | -37,800 | Closed |
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$175K | -24,760 | Closed |
|
54
Creative Planning
Overland Park,
Kansas
| – | -$115K | -16,310 | Closed |
|
55
Citigroup
New York
| – | -$14K | -2,000 | Closed |
|
|
MA
56
MUFG Americas
New York
| – | +$106 | +15 | New |
|
FT Hedge Fund Activity: Q2 2019 in Review
52 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q2 2019, worth a combined $31.7M — up 31% from $24.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FT positions and 6 closed out — a net gain of 3 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $3.73M. The largest seller was Almitas Capital, cutting an estimated $1.9M.
- 52 institutional investors held Franklin Universal Trust (FT) as of Q2 2019, up from 51 in Q1 2019.
- Funds reported $31.7M of Franklin Universal Trust stock for Q2 2019, up 31% quarter-over-quarter.
- 9 funds opened new Franklin Universal Trust positions in Q2 2019 and 6 closed out, a net change of +3 holders.
- The largest Franklin Universal Trust buyer in Q2 2019 was Bulldog Investors, an estimated $3.73M added.
- The largest Franklin Universal Trust seller in Q2 2019 was Almitas Capital, an estimated $1.9M sold.
Based on aggregated 13F filings for Q2 2019.