Franklin Limited Duration Income Trust
FTF
52 hedge funds and large institutions have $105M invested in Franklin Limited Duration Income Trust in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.8% less ownership
Funds ownership: 32.49% → 31.69% (-0.8%)
1% less capital invested
Capital invested by funds: $107M → $105M (-$1.22M)
2% less funds holding
Funds holding: 53 → 52 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$872K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$819K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$692K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$558K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.85M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.66M |
| 3 |
SCM
Saba Capital Management
New York
|
-$1.53M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.17M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$734K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
51
Highlander Capital Management
Short Hills,
New Jersey
| $10K | – | – | – |
|
|
FMII
52
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $7K | – | – | – |
|
53
Fifth Third Bancorp
Cincinnati,
Ohio
| $4K | – | – | – |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| $1K | -$2.86K | -235 | -73% |
|
|
55
AQR Capital Management
Greenwich,
Connecticut
| – | -$1.66M | -135,786 | Closed |
|
56
SG Americas Securities
New York
| – | -$403K | -33,052 | Closed |
|
|
SFS
57
Shaker Financial Services
Arlington,
Virginia
| – | -$342K | -28,080 | Closed |
|
|
VKH
58
Virtu KCG Holdings
New York
| – | -$236K | -19,361 | Closed |
|
|
DI
59
Dalton Investments
Las Vegas,
Nevada
| – | -$145K | -11,910 | Closed |
|
|
TC
60
TradeLink Capital
Chicago,
Illinois
| – | -$99K | -8,100 | Closed |
|
|
NPC
61
National Planning Corporation
El Segundo,
California
| – | -$46K | -3,825 | Closed |
|
FTF Hedge Fund Activity: Q1 2015 in Review
52 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q1 2015, worth a combined $105M — down 1.1% from $107M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FTF and 6 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 15 added.
The largest buyer was Morgan Stanley, adding an estimated $872K. The largest seller was Invesco, cutting an estimated $1.85M.
- 52 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q1 2015, down from 53 in Q4 2014.
- Funds reported $105M of Franklin Limited Duration Income Trust stock for Q1 2015, down 1.1% quarter-over-quarter.
- 6 funds opened new Franklin Limited Duration Income Trust positions in Q1 2015 and 7 closed out, a net change of -1 holder.
- The largest Franklin Limited Duration Income Trust buyer in Q1 2015 was Morgan Stanley, an estimated $872K added.
- The largest Franklin Limited Duration Income Trust seller in Q1 2015 was Invesco, an estimated $1.85M sold.
Based on aggregated 13F filings for Q1 2015.