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FT

Franklin Universal Trust
FT

45 hedge funds and large institutions have $30.8M invested in Franklin Universal Trust in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.91% less ownership

Funds ownership: 18.64% → 15.73% (-2.9%)

4% less funds holding

Funds holding: 47 → 45 (-2)

13% less capital invested

Capital invested by funds: $35.3M → $30.8M (-$4.56M)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

25% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 16

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
45
Holders Change
-2
Holders Change %
-4.26%
% of All Funds
0.89%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
7
Increased
12
Reduced
16
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$625K
2
AAM
Advisors Asset Management
Colorado
+$563K
3
Morgan Stanley
Morgan Stanley
New York
+$367K
4
Wells Fargo
Wells Fargo
California
+$234K
5
Stifel Financial
Stifel Financial
Missouri
+$132K

Top Sellers

1
BI
Bulldog Investors
New Jersey
-$2.25M
2
BFM
Boothbay Fund Management
New York
-$1.96M
3
RJA
Raymond James & Associates
Florida
-$841K
4
SFS
Shaker Financial Services
Virginia
-$758K
5
LCM
Landscape Capital Management
New Jersey
-$703K
Name Holding Trade Value Shares
Change 		Change in
Stake
AM
51
Atwater Malick
Pennsylvania
– -$18K -2,413 Closed
JFGIW
52
Johnson Financial Group Inc (Wisconsin)
Wisconsin
– -$12K -1,600 Closed
1 2
3

FT Hedge Fund Activity: Q4 2019 in Review

45 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q4 2019, worth a combined $30.8M — down 13% from $35.3M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FT and 7 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 12 added.

The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $625K. The largest seller was Bulldog Investors, cutting an estimated $2.25M.

  • 45 institutional investors held Franklin Universal Trust (FT) as of Q4 2019, down from 47 in Q3 2019.
  • Funds reported $30.8M of Franklin Universal Trust stock for Q4 2019, down 13% quarter-over-quarter.
  • 7 funds opened new Franklin Universal Trust positions in Q4 2019 and 9 closed out, a net change of -2 holders.
  • The largest Franklin Universal Trust buyer in Q4 2019 was Envestnet Asset Management, an estimated $625K added.
  • The largest Franklin Universal Trust seller in Q4 2019 was Bulldog Investors, an estimated $2.25M sold.

Based on aggregated 13F filings for Q4 2019.