Franklin Universal Trust
46 hedge funds and large institutions have $30.8M invested in Franklin Universal Trust in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 9 closing their positions.
2% less funds holding
Funds holding: 47 → 46 (-1)
2.89% less ownership
Funds ownership: 18.64% → 15.74% (-2.9%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
13% less capital invested
Capital invested by funds: $35.3M → $30.8M (-$4.53M)
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$625K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$574K |
| 3 |
Morgan Stanley
New York
|
+$367K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$234K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.25M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$1.96M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$841K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$758K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$703K |
FT Hedge Fund Activity: Q4 2019 in Review
46 of the 5,092 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 8 opened new positions — a net loss of 1 holder — 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.
- 46 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.
- 8 funds opened new Franklin Universal Trust positions in Q4 2019 and 9 closed out, a net change of -1 holder.
- 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.