Franklin Universal Trust
36 hedge funds and large institutions have $28.7M invested in Franklin Universal Trust in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 4 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
3% more capital invested
Capital invested by funds: $28M → $28.7M (+$702K)
0.13% more ownership
Funds ownership: 15.59% → 15.72% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 39 → 36 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$918K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$313K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$97.3K |
| 4 |
Morgan Stanley
New York
|
+$78.1K |
| 5 |
SCM
Saba Capital Management
New York
|
+$73.3K |
Top Sellers
FT Hedge Fund Activity: Q3 2017 in Review
36 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q3 2017, worth a combined $28.7M — up 2.5% from $28M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FT and 1 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 14 added.
The largest buyer was Bulldog Investors, adding an estimated $918K. The largest seller was Advisors Asset Management, cutting an estimated $866K.
- 36 institutional investors held Franklin Universal Trust (FT) as of Q3 2017, down from 39 in Q2 2017.
- Funds reported $28.7M of Franklin Universal Trust stock for Q3 2017, up 2.5% quarter-over-quarter.
- 1 fund opened new Franklin Universal Trust positions in Q3 2017 and 4 closed out, a net change of -3 holders.
- The largest Franklin Universal Trust buyer in Q3 2017 was Bulldog Investors, an estimated $918K added.
- The largest Franklin Universal Trust seller in Q3 2017 was Advisors Asset Management, an estimated $866K sold.
Based on aggregated 13F filings for Q3 2017.