Franklin Universal Trust
38 hedge funds and large institutions have $23.7M invested in Franklin Universal Trust in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
15% more funds holding
Funds holding: 33 → 38 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.52% less ownership
Funds ownership: 14.38% → 13.86% (-0.52%)
5% less capital invested
Capital invested by funds: $24.9M → $23.7M (-$1.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$815K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$556K |
| 3 |
Citigroup
New York
|
+$317K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
+$291K |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$3.23M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$240K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$121K |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$65.4K |
| 5 |
Morgan Stanley
New York
|
-$46.1K |
FT Hedge Fund Activity: Q3 2016 in Review
38 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q3 2016, worth a combined $23.7M — down 4.8% from $24.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FT positions and 2 closed out — a net gain of 5 holders — while 15 added to existing stakes and 7 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $815K. The largest seller was Financial & Investment Management Group, cutting an estimated $3.23M.
- 38 institutional investors held Franklin Universal Trust (FT) as of Q3 2016, up from 33 in Q2 2016.
- Funds reported $23.7M of Franklin Universal Trust stock for Q3 2016, down 4.8% quarter-over-quarter.
- 7 funds opened new Franklin Universal Trust positions in Q3 2016 and 2 closed out, a net change of +5 holders.
- The largest Franklin Universal Trust buyer in Q3 2016 was Advisors Asset Management, an estimated $815K added.
- The largest Franklin Universal Trust seller in Q3 2016 was Financial & Investment Management Group, an estimated $3.23M sold.
Based on aggregated 13F filings for Q3 2016.