Franklin Limited Duration Income Trust
FTF
54 hedge funds and large institutions have $47.7M invested in Franklin Limited Duration Income Trust in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
13% more funds holding
Funds holding: 48 → 54 (+6)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
2.33% less ownership
Funds ownership: 21.31% → 18.98% (-2.3%)
11% less capital invested
Capital invested by funds: $53.8M → $47.7M (-$6.14M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Centaurus Financial
Anaheim,
California
|
+$421K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$242K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$212K |
| 4 |
Morgan Stanley
New York
|
+$172K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.27M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.78M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.31M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$934K |
| 5 |
Cohen & Steers
New York
|
-$621K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $7K | – | – | – |
|
|
AF
52
Allworth Financial
Folsom,
California
| $5K | – | – | – |
|
53
Fifth Third Bancorp
Cincinnati,
Ohio
| $4K | – | – | – |
|
|
RCAG
54
Rehmann Capital Advisory Group
Lansing,
Michigan
| $3.82K | +$3.87K | +350 | New |
|
|
TC
55
Trust Company
Manhattan,
Kansas
| $3K | +$2.65K | +240 | New |
|
|
LCM
56
Laurion Capital Management
New York
| – | -$2.27M | -203,672 | Closed |
|
57
SG Americas Securities
New York
| – | -$564K | -50,466 | Closed |
|
58
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -83 | Closed |
|
FTF Hedge Fund Activity: Q2 2018 in Review
54 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q2 2018, worth a combined $47.7M — down 11% from $53.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FTF positions and 3 closed out — a net gain of 6 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Centaurus Financial, opening a new position worth an estimated $421K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.27M sold.
- 54 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q2 2018, up from 48 in Q1 2018.
- Funds reported $47.7M of Franklin Limited Duration Income Trust stock for Q2 2018, down 11% quarter-over-quarter.
- 9 funds opened new Franklin Limited Duration Income Trust positions in Q2 2018 and 3 closed out, a net change of +6 holders.
- The largest Franklin Limited Duration Income Trust buyer in Q2 2018 was Centaurus Financial, an estimated $421K added.
- The largest Franklin Limited Duration Income Trust seller in Q2 2018 was Laurion Capital Management, an estimated $2.27M sold.
Based on aggregated 13F filings for Q2 2018.