Franklin Limited Duration Income Trust
FTF
50 hedge funds and large institutions have $95.4M invested in Franklin Limited Duration Income Trust in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 6 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
1.53% more ownership
Funds ownership: 27.19% → 28.71% (+1.5%)
0% more capital invested
Capital invested by funds: $95.3M → $95.4M (+$107K)
9% less funds holding
Funds holding: 55 → 50 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.21M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.49M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.04M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$698K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$651K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$901K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$656K |
| 3 |
EML
Eos Management LP
New York
|
-$565K |
| 4 |
SG Americas Securities
New York
|
-$562K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$339K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
SG Americas Securities
New York
| – | -$562K | -42,959 | Closed |
|
|
CWM
52
Cabot Wealth Management
Salem,
Massachusetts
| – | -$337K | -25,732 | Closed |
|
53
Northern Trust
Chicago,
Illinois
| – | -$134K | -10,224 | Closed |
|
|
TCM
54
TD Capital Management
Memphis,
Tennessee
| – | -$15K | -1,168 | Closed |
|
|
OIA
55
Optimum Investment Advisors
Chicago,
Illinois
| – | -$9K | -700 | Closed |
|
|
GI
56
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -100 | Closed |
|
FTF Hedge Fund Activity: Q3 2014 in Review
50 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q3 2014, worth a combined $95.4M — up 0.11% from $95.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FTF and 1 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 22 added.
The largest buyer was Saba Capital Management, adding an estimated $4.21M. The largest seller was Barclays, cutting an estimated $901K.
- 50 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q3 2014, down from 55 in Q2 2014.
- Funds reported $95.4M of Franklin Limited Duration Income Trust stock for Q3 2014, up 0.11% quarter-over-quarter.
- 1 fund opened new Franklin Limited Duration Income Trust positions in Q3 2014 and 6 closed out, a net change of -5 holders.
- The largest Franklin Limited Duration Income Trust buyer in Q3 2014 was Saba Capital Management, an estimated $4.21M added.
- The largest Franklin Limited Duration Income Trust seller in Q3 2014 was Barclays, an estimated $901K sold.
Based on aggregated 13F filings for Q3 2014.