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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
Morgan Stanley
1
Morgan Stanley
New York
$5.92M +$367K +47,975 +7%
Wells Fargo
2
Wells Fargo
California
$4.06M +$234K +30,670 +6%
Koshinski Asset Management
3
Koshinski Asset Management
Illinois
$3.76M -$246K -32,263 -6%
Invesco
4
Invesco
Georgia
$2.88M +$107K +14,041 +4%
Stifel Financial
5
Stifel Financial
Missouri
$2.12M +$132K +17,312 +7%
MSAM
6
Moloney Securities Asset Management
Missouri
$1.45M +$61.3K +8,019 +4%
AAM
7
Advisors Asset Management
Colorado
$1.32M +$563K +73,757 +77%
BI
8
Bulldog Investors
New Jersey
$1.25M -$2.25M -294,457 -65%
LTFS
9
Ladenburg Thalmann Financial Services
Florida
$1.11M -$54.1K -7,077 -5%
RJA
10
Raymond James & Associates
Florida
$910K -$841K -110,117 -48%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$687K -$28.8K -3,764 -4%
UCI
12
Uncommon Cents Investing
Wisconsin
$638K -$15.3K -2,000 -2%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$637K +$625K +81,856 New
TJHA
14
Thomas J. Herzfeld Advisors
Florida
$514K -$208K -27,252 -29%
CCP
15
Cardan Capital Partners
Colorado
$383K -$6.33K -828 -2%
GWM
16
Geneos Wealth Management
Colorado
$253K +$168 +22 +0.1%
AG
17
Advisor Group
Arizona
$237K -$89.3K -11,688 -28%
First Manhattan
18
First Manhattan
New York
$223K – – –
Bank of America
19
Bank of America
North Carolina
$219K -$150K -19,635 -41%
UBS Group
20
UBS Group
Switzerland
$204K – – –
WS
21
Wedbush Securities
California
$166K -$20.8K -2,720 -11%
SWP
22
Stratos Wealth Partners
Ohio
$147K – – –
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$147K +$3.14K +411 +2%
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$144K +$33K +4,320 +30%
LPL Financial
25
LPL Financial
California
$128K +$4.97K +650 +4%
1
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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.