Franklin Universal Trust
34 hedge funds and large institutions have $22.1M invested in Franklin Universal Trust in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 7 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 6
1.93% less ownership
Funds ownership: 15.01% → 13.08% (-1.9%)
8% less funds holding
Funds holding: 37 → 34 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
69% less capital inflows, than outflows
Capital inflows: $1.53M | Capital outflows: $4.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$569K |
| 2 |
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$321K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$171K |
| 4 |
Moloney Securities Asset Management
Manchester,
Missouri
|
+$101K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$76.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Foundations Investment Advisors
Phoenix,
Arizona
|
-$2M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
-$1.35M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$730K |
| 4 |
RVW Wealth
Los Angeles,
California
|
-$333K |
| 5 |
Shaker Financial Services
Arlington,
Virginia
|
-$193K |
FT Hedge Fund Activity: Q2 2023 in Review
34 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q2 2023, worth a combined $22.1M — down 18% from $26.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FT and 5 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 15 added.
The largest buyer was LPL Financial, adding an estimated $569K. The largest seller was Foundations Investment Advisors, exiting entirely with an estimated $2M sold.
- 34 institutional investors held Franklin Universal Trust (FT) as of Q2 2023, down from 37 in Q1 2023.
- Funds reported $22.1M of Franklin Universal Trust stock for Q2 2023, down 18% quarter-over-quarter.
- 5 funds opened new Franklin Universal Trust positions in Q2 2023 and 7 closed out, a net change of -2 holders.
- The largest Franklin Universal Trust buyer in Q2 2023 was LPL Financial, an estimated $569K added.
- The largest Franklin Universal Trust seller in Q2 2023 was Foundations Investment Advisors, an estimated $2M sold.
Based on aggregated 13F filings for Q2 2023.