Franklin Limited Duration Income Trust
FTF
50 hedge funds and large institutions have $100M invested in Franklin Limited Duration Income Trust in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 8 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
0.35% more ownership
Funds ownership: 31.69% → 32.05% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
5% less capital invested
Capital invested by funds: $105M → $100M (-$5.1M)
4% less funds holding
Funds holding: 52 → 50 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.93M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.98M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.62M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$646K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.24M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.71M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.03M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$526K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$522K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
51
Guggenheim Capital
Chicago,
Illinois
| – | -$3.24M | -266,564 | Closed |
|
|
RJFSA
52
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$1.03M | -84,557 | Closed |
|
|
UCFA
53
United Capital Financial Advisors
Irving,
Texas
| – | -$526K | -42,716 | Closed |
|
54
Envestnet Asset Management
Chicago,
Illinois
| – | -$514K | -42,197 | Closed |
|
|
CRC
55
Curi RMB Capital
Chicago,
Illinois
| – | -$360K | -29,545 | Closed |
|
|
YMRC
56
Yorktown Management & Research Company
Forest,
Virginia
| – | -$158K | -13,000 | Closed |
|
57
Creative Planning
Overland Park,
Kansas
| – | -$55K | -4,518 | Closed |
|
|
FMII
58
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$7K | -600 | Closed |
|
FTF Hedge Fund Activity: Q2 2015 in Review
50 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q2 2015, worth a combined $100M — down 4.8% from $105M a quarter earlier.
Fund positioning in FTF was balanced in Q2 2015: 8 funds opened new positions, 8 closed out, 19 added to existing stakes and 17 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $2.93M. The largest seller was Guggenheim Capital, exiting entirely with an estimated $3.24M sold.
- 50 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q2 2015, down from 52 in Q1 2015.
- Funds reported $100M of Franklin Limited Duration Income Trust stock for Q2 2015, down 4.8% quarter-over-quarter.
- 8 funds opened new Franklin Limited Duration Income Trust positions in Q2 2015 and 8 closed out, a net change of 0 holders.
- The largest Franklin Limited Duration Income Trust buyer in Q2 2015 was 1607 Capital Partners, an estimated $2.93M added.
- The largest Franklin Limited Duration Income Trust seller in Q2 2015 was Guggenheim Capital, an estimated $3.24M sold.
Based on aggregated 13F filings for Q2 2015.