Franklin Universal Trust
40 hedge funds and large institutions have $20.6M invested in Franklin Universal Trust in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
100% more capital inflows, than outflows
Capital inflows: $2.8M | Capital outflows: $1.4M
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
29% more funds holding
Funds holding: 31 → 40 (+9)
0.82% more ownership
Funds ownership: 11.85% → 12.67% (+0.82%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.26M |
| 2 |
Landscape Capital Management
Englewood,
New Jersey
|
+$348K |
| 3 |
Virtu KCG Holdings
New York
|
+$313K |
| 4 |
United Capital Financial Advisors
Irving,
Texas
|
+$150K |
| 5 |
Doliver Advisors
Houston,
Texas
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Saba Capital Management
New York
|
-$946K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$168K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$114K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$94.7K |
| 5 |
American International Group
New York
|
-$34.6K |
FT Hedge Fund Activity: Q2 2015 in Review
40 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q2 2015, worth a combined $20.6M — down 4.3% from $21.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FT positions and 1 closed out — a net gain of 9 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Financial & Investment Management Group, adding an estimated $1.26M. The largest seller was Saba Capital Management, exiting entirely with an estimated $946K sold.
- 40 institutional investors held Franklin Universal Trust (FT) as of Q2 2015, up from 31 in Q1 2015.
- Funds reported $20.6M of Franklin Universal Trust stock for Q2 2015, down 4.3% quarter-over-quarter.
- 10 funds opened new Franklin Universal Trust positions in Q2 2015 and 1 closed out, a net change of +9 holders.
- The largest Franklin Universal Trust buyer in Q2 2015 was Financial & Investment Management Group, an estimated $1.26M added.
- The largest Franklin Universal Trust seller in Q2 2015 was Saba Capital Management, an estimated $946K sold.
Based on aggregated 13F filings for Q2 2015.