Franklin Limited Duration Income Trust
FTF
54 hedge funds and large institutions have $96.9M invested in Franklin Limited Duration Income Trust in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 6 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
1% more capital invested
Capital invested by funds: $95.5M → $96.9M (+$1.43M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.25% less ownership
Funds ownership: 46.81% → 45.56% (-1.2%)
7% less funds holding
Funds holding: 58 → 54 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$410K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$314K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$306K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$202K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$959K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$645K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$578K |
| 4 |
Morgan Stanley
New York
|
-$577K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$343K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWMIA
51
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| $7K | – | – | – |
|
|
AF
52
Allworth Financial
Folsom,
California
| $4K | – | – | – |
|
53
Citigroup
New York
| $3K | +$95 | +10 | +3% |
|
|
54
Koshinski Asset Management
Decatur,
Illinois
| $2.32K | -$343K | -36,034 | -13% |
|
55
Walleye Trading
New York
| – | -$133K | -14,800 | Closed |
|
|
WAM
56
Weiss Asset Management
Boston,
Massachusetts
| – | -$99K | -10,959 | Closed |
|
|
NFG
57
Next Financial Group
Houston,
Texas
| – | -$18K | -2,000 | Closed |
|
|
BOPW
58
Brandywine Oak Private Wealth
Kennett Square,
Pennsylvania
| – | -$17K | -1,960 | Closed |
|
|
QCIG
59
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$15K | -1,621 | Closed |
|
|
BAM
60
Bruderman Asset Management
Locust Valley,
New York
| – | -$6K | -621 | Closed |
|
FTF Hedge Fund Activity: Q1 2019 in Review
54 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q1 2019, worth a combined $96.9M — up 1.5% from $95.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FTF and 2 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 19 added.
The largest buyer was Shaker Financial Services, adding an estimated $410K. The largest seller was Invesco, cutting an estimated $959K.
- 54 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q1 2019, down from 58 in Q4 2018.
- Funds reported $96.9M of Franklin Limited Duration Income Trust stock for Q1 2019, up 1.5% quarter-over-quarter.
- 2 funds opened new Franklin Limited Duration Income Trust positions in Q1 2019 and 6 closed out, a net change of -4 holders.
- The largest Franklin Limited Duration Income Trust buyer in Q1 2019 was Shaker Financial Services, an estimated $410K added.
- The largest Franklin Limited Duration Income Trust seller in Q1 2019 was Invesco, an estimated $959K sold.
Based on aggregated 13F filings for Q1 2019.