Franklin Universal Trust
42 hedge funds and large institutions have $30.5M invested in Franklin Universal Trust in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
10% more capital invested
Capital invested by funds: $27.7M → $30.5M (+$2.72M)
8% more funds holding
Funds holding: 39 → 42 (+3)
1.14% more ownership
Funds ownership: 16.57% → 17.71% (+1.1%)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.33M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$183K |
| 3 |
MSAM
Moloney Securities Asset Management
Manchester,
Missouri
|
+$163K |
| 4 |
Morgan Stanley
New York
|
+$112K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$93.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$309K |
| 2 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$234K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$233K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$167K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$136K |
FT Hedge Fund Activity: Q3 2020 in Review
42 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q3 2020, worth a combined $30.5M — up 9.8% from $27.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FT positions and 6 closed out — a net gain of 3 holders — while 10 added to existing stakes and 17 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.33M. The largest seller was Bulldog Investors, cutting an estimated $309K.
- 42 institutional investors held Franklin Universal Trust (FT) as of Q3 2020, up from 39 in Q2 2020.
- Funds reported $30.5M of Franklin Universal Trust stock for Q3 2020, up 9.8% quarter-over-quarter.
- 9 funds opened new Franklin Universal Trust positions in Q3 2020 and 6 closed out, a net change of +3 holders.
- The largest Franklin Universal Trust buyer in Q3 2020 was Shaker Financial Services, an estimated $1.33M added.
- The largest Franklin Universal Trust seller in Q3 2020 was Bulldog Investors, an estimated $309K sold.
Based on aggregated 13F filings for Q3 2020.