Franklin Limited Duration Income Trust
FTF
48 hedge funds and large institutions have $53.8M invested in Franklin Limited Duration Income Trust in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 20 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
2% more funds holding
Funds holding: 47 → 48 (+1)
1.03% less ownership
Funds ownership: 22.34% → 21.31% (-1%)
10% less capital invested
Capital invested by funds: $59.7M → $53.8M (-$5.94M)
40% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$2.34M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$679K |
| 3 |
SG Americas Securities
New York
|
+$580K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$562K |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.03M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$942K |
| 3 |
Cohen & Steers
New York
|
-$860K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$388K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$379K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
51
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$312K | -26,269 | Closed |
|
|
DA
52
Doliver Advisors
Houston,
Texas
| – | -$216K | -18,249 | Closed |
|
53
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$9K | -750 | Closed |
|
|
HCM
54
Highlander Capital Management
Short Hills,
New Jersey
| – | -$6K | -500 | Closed |
|
FTF Hedge Fund Activity: Q1 2018 in Review
48 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q1 2018, worth a combined $53.8M — down 9.9% from $59.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FTF positions and 4 closed out — a net gain of 1 holder — while 12 added to existing stakes and 20 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $2.34M. The largest seller was Sit Investment Associates, cutting an estimated $5.03M.
- 48 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q1 2018, up from 47 in Q4 2017.
- Funds reported $53.8M of Franklin Limited Duration Income Trust stock for Q1 2018, down 9.9% quarter-over-quarter.
- 5 funds opened new Franklin Limited Duration Income Trust positions in Q1 2018 and 4 closed out, a net change of +1 holder.
- The largest Franklin Limited Duration Income Trust buyer in Q1 2018 was Laurion Capital Management, an estimated $2.34M added.
- The largest Franklin Limited Duration Income Trust seller in Q1 2018 was Sit Investment Associates, an estimated $5.03M sold.
Based on aggregated 13F filings for Q1 2018.