Franklin Universal Trust
37 hedge funds and large institutions have $28.9M invested in Franklin Universal Trust in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
31% more capital invested
Capital invested by funds: $22.2M → $28.9M (+$6.77M)
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
3.43% more ownership
Funds ownership: 13.89% → 17.32% (+3.4%)
3% more funds holding
Funds holding: 36 → 37 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.18M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
+$1.13M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.04M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$482K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$443K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$643K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$113K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$112K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$58.8K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$42.7K |
FT Hedge Fund Activity: Q4 2023 in Review
37 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Franklin Universal Trust (FT) for Q4 2023, worth a combined $28.9M — up 31% from $22.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FT positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.18M. The largest seller was Janney Montgomery Scott, cutting an estimated $643K.
- 37 institutional investors held Franklin Universal Trust (FT) as of Q4 2023, up from 36 in Q3 2023.
- Funds reported $28.9M of Franklin Universal Trust stock for Q4 2023, up 31% quarter-over-quarter.
- 4 funds opened new Franklin Universal Trust positions in Q4 2023 and 3 closed out, a net change of +1 holder.
- The largest Franklin Universal Trust buyer in Q4 2023 was Morgan Stanley, an estimated $2.18M added.
- The largest Franklin Universal Trust seller in Q4 2023 was Janney Montgomery Scott, an estimated $643K sold.
Based on aggregated 13F filings for Q4 2023.