We are live on ! Find out more
FTF

Franklin Limited Duration Income Trust
FTF

45 hedge funds and large institutions have $62.7M invested in Franklin Limited Duration Income Trust in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.07% less ownership

Funds ownership: 24.19% → 23.12% (-1.1%)

8% less funds holding

Funds holding: 49 → 45 (-4)

12% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 17

18% less capital invested

Capital invested by funds: $76.1M → $62.7M (-$13.4M)

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9

Holders
45
Holders Change
-4
Holders Change %
-8.16%
% of All Funds
1.12%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
15
Reduced
17
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LTFS
Ladenburg Thalmann Financial Services
Florida
+$1.06M
2
GC
Guggenheim Capital
Illinois
+$926K
3
First Trust Advisors
First Trust Advisors
Illinois
+$816K
4
Invesco
Invesco
Georgia
+$420K
5
RJA
Raymond James & Associates
Florida
+$396K

Top Sellers

Rank Fund Capital Flow
1
RVPG
Relative Value Partners Group
-$5.45M
2
SIA
Sit Investment Associates
Minnesota
-$4.96M
3
SCM
Saba Capital Management
New York
-$3.35M
4
Wells Fargo
Wells Fargo
California
-$1.35M
5
Morgan Stanley
Morgan Stanley
New York
-$798K
Name Holding Trade Value Shares
Change 		Change in
Stake
IA
26
IFP Advisors
Florida
$291K – – –
UBS Group
27
UBS Group
Switzerland
$247K -$12.3K -1,038 -5%
RJT
28
Raymond James Trust
Florida
$228K +$226K +18,990 New
FAAS
29
First Allied Advisory Services
California
$217K – – –
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$193K -$21.7K -1,826 -10%
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$153K -$52.3K -4,401 -26%
Stifel Financial
32
Stifel Financial
Missouri
$136K +$547 +46 +0.4%
TFCP
33
Twin Focus Capital Partners
Massachusetts
$132K – – –
OC
34
Oppenheimer & Co
New York
$122K +$121K +10,150 New
CCP
35
Clough Capital Partners
Massachusetts
$121K -$309K -26,000 -72%
Bank of Montreal
36
Bank of Montreal
Ontario, Canada
$43K -$2.27K -191 -5%
SPIA
37
Steward Partners Investment Advisory
New York
$43K +$43K +3,620 New
Fifth Third Bancorp
38
Fifth Third Bancorp
Ohio
$38K – – –
PFSC
39
Peoples Financial Services Corp
Pennsylvania
$36K – – –
NFG
40
Next Financial Group
Texas
$24K +$11.9K +1,000 +100%
GWM
41
Geneos Wealth Management
Colorado
$17K +$238 +20 +1%
Carson Wealth (CWM LLC)
42
Carson Wealth (CWM LLC)
Nebraska
$8K – – –
HCM
43
Highlander Capital Management
New Jersey
$6K +$5.94K +500 New
AF
44
Allworth Financial
California
$5K – – –
PCM
45
Penserra Capital Management
California
$3K -$1.45K -122 -30%
SFSIG
46
San Francisco Sentry Investment Group
California
$2K – – –
PNC Financial Services Group
47
PNC Financial Services Group
Pennsylvania
$1K – – –
RVPG
48
Relative Value Partners Group
– -$5.45M -460,697 Closed
SCM
49
Saba Capital Management
New York
– -$3.35M -283,039 Closed
CWM
50
Cornerstone Wealth Management
Missouri
– -$486K -40,861 Closed
1
2
3

FTF Hedge Fund Activity: Q3 2017 in Review

45 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q3 2017, worth a combined $62.7M — down 18% from $76.1M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FTF and 5 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 15 added.

The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $1.06M. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $5.45M sold.

  • 45 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q3 2017, down from 49 in Q2 2017.
  • Funds reported $62.7M of Franklin Limited Duration Income Trust stock for Q3 2017, down 18% quarter-over-quarter.
  • 5 funds opened new Franklin Limited Duration Income Trust positions in Q3 2017 and 9 closed out, a net change of -4 holders.
  • The largest Franklin Limited Duration Income Trust buyer in Q3 2017 was Ladenburg Thalmann Financial Services, an estimated $1.06M added.
  • The largest Franklin Limited Duration Income Trust seller in Q3 2017 was Relative Value Partners Group, an estimated $5.45M sold.

Based on aggregated 13F filings for Q3 2017.