Franklin Universal Trust
41 hedge funds and large institutions have $25M invested in Franklin Universal Trust in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 10 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
0.53% more ownership
Funds ownership: 15.74% → 16.27% (+0.53%)
11% less funds holding
Funds holding: 46 → 41 (-5)
19% less capital invested
Capital invested by funds: $30.8M → $25M (-$5.79M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.1M |
| 2 |
Goldman Sachs
New York
|
+$313K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$299K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$230K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$431K |
| 2 |
Morgan Stanley
New York
|
-$420K |
| 3 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$383K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$98K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$98K |
FT Hedge Fund Activity: Q1 2020 in Review
41 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q1 2020, worth a combined $25M — down 19% from $30.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FT and 7 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 14 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $1.1M. The largest seller was Raymond James & Associates, cutting an estimated $431K.
- 41 institutional investors held Franklin Universal Trust (FT) as of Q1 2020, down from 46 in Q4 2019.
- Funds reported $25M of Franklin Universal Trust stock for Q1 2020, down 19% quarter-over-quarter.
- 7 funds opened new Franklin Universal Trust positions in Q1 2020 and 10 closed out, a net change of -3 holders.
- The largest Franklin Universal Trust buyer in Q1 2020 was Shaker Financial Services, an estimated $1.1M added.
- The largest Franklin Universal Trust seller in Q1 2020 was Raymond James & Associates, an estimated $431K sold.
Based on aggregated 13F filings for Q1 2020.