Franklin Limited Duration Income Trust
FTF
47 hedge funds and large institutions have $59.7M invested in Franklin Limited Duration Income Trust in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 8 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
4% more funds holding
Funds holding: 45 → 47 (+2)
0.78% less ownership
Funds ownership: 23.12% → 22.34% (-0.78%)
5% less capital invested
Capital invested by funds: $62.7M → $59.7M (-$3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$5.41M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$918K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$889K |
| 4 |
Cohen & Steers
New York
|
+$749K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$216K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.44M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.21M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$987K |
| 4 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$815K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$706K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Ameriprise
Minneapolis,
Minnesota
| – | -$987K | -82,208 | Closed |
|
|
52
Kovitz Investment Group Partners
Chicago,
Illinois
| – | -$815K | -67,838 | Closed |
|
|
RJFSA
53
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$698K | -58,152 | Closed |
|
|
ICOA
54
Investment Centers of America
Bismarck,
North Dakota
| – | -$304K | -25,369 | Closed |
|
|
TFCP
55
Twin Focus Capital Partners
Boston,
Massachusetts
| – | -$132K | -11,000 | Closed |
|
|
NFG
56
Next Financial Group
Houston,
Texas
| – | -$24K | -2,000 | Closed |
|
|
PCM
57
Penserra Capital Management
Orinda,
California
| – | -$3K | -288 | Closed |
|
FTF Hedge Fund Activity: Q4 2017 in Review
47 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q4 2017, worth a combined $59.7M — down 4.8% from $62.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FTF positions and 8 closed out — a net gain of 2 holders — while 18 added to existing stakes and 11 trimmed.
The largest buyer was Brinker Capital Investments, opening a new position worth an estimated $5.41M. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $4.44M sold.
- 47 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q4 2017, up from 45 in Q3 2017.
- Funds reported $59.7M of Franklin Limited Duration Income Trust stock for Q4 2017, down 4.8% quarter-over-quarter.
- 10 funds opened new Franklin Limited Duration Income Trust positions in Q4 2017 and 8 closed out, a net change of +2 holders.
- The largest Franklin Limited Duration Income Trust buyer in Q4 2017 was Brinker Capital Investments, an estimated $5.41M added.
- The largest Franklin Limited Duration Income Trust seller in Q4 2017 was 1607 Capital Partners, an estimated $4.44M sold.
Based on aggregated 13F filings for Q4 2017.