Franklin Universal Trust
36 hedge funds and large institutions have $17.1M invested in Franklin Universal Trust in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
48% more capital inflows, than outflows
Capital inflows: $2.78M | Capital outflows: $1.88M
24% more funds holding
Funds holding: 29 → 36 (+7)
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
0.26% more ownership
Funds ownership: 9.53% → 9.79% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.17M |
| 2 |
Saba Capital Management
New York
|
+$299K |
| 3 |
SG Americas Securities
New York
|
+$194K |
| 4 |
Doliver Advisors
Houston,
Texas
|
+$165K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
-$1.22M |
| 2 |
Shaker Financial Services
Arlington,
Virginia
|
-$476K |
| 3 |
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$55.3K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$52.9K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$35.2K |
FT Hedge Fund Activity: Q4 2013 in Review
36 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q4 2013, worth a combined $17.1M — up 4.3% from $16.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FT positions and 1 closed out — a net gain of 8 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Financial & Investment Management Group, adding an estimated $1.17M. The largest seller was Advisors Asset Management, cutting an estimated $1.22M.
- 36 institutional investors held Franklin Universal Trust (FT) as of Q4 2013, up from 29 in Q3 2013.
- Funds reported $17.1M of Franklin Universal Trust stock for Q4 2013, up 4.3% quarter-over-quarter.
- 9 funds opened new Franklin Universal Trust positions in Q4 2013 and 1 closed out, a net change of +8 holders.
- The largest Franklin Universal Trust buyer in Q4 2013 was Financial & Investment Management Group, an estimated $1.17M added.
- The largest Franklin Universal Trust seller in Q4 2013 was Advisors Asset Management, an estimated $1.22M sold.
Based on aggregated 13F filings for Q4 2013.