Franklin Limited Duration Income Trust
FTF
52 hedge funds and large institutions have $76.9M invested in Franklin Limited Duration Income Trust in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 3 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 51 → 52 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.92% less ownership
Funds ownership: 43.87% → 38.95% (-4.9%)
11% less capital invested
Capital invested by funds: $86.6M → $76.9M (-$9.68M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$644K |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$177K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$162K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$128K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.72M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.65M |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$2.17M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.36M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$757K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Koshinski Asset Management
Decatur,
Illinois
| – | -$2.17M | -225,456 | Closed |
|
|
CCP
52
Clough Capital Partners
Boston,
Massachusetts
| – | -$233K | -24,148 | Closed |
|
|
PFSC
53
Peoples Financial Services Corp
Dunmore,
Pennsylvania
| – | -$29K | -3,000 | Closed |
|
54
Fidelity Investments
Boston,
Massachusetts
| – | +$10 | +1 | New |
|
FTF Hedge Fund Activity: Q3 2019 in Review
52 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q3 2019, worth a combined $76.9M — down 11% from $86.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FTF positions and 3 closed out — a net gain of 1 holder — while 19 added to existing stakes and 13 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $644K. The largest seller was Sit Investment Associates, cutting an estimated $3.72M.
- 52 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q3 2019, up from 51 in Q2 2019.
- Funds reported $76.9M of Franklin Limited Duration Income Trust stock for Q3 2019, down 11% quarter-over-quarter.
- 4 funds opened new Franklin Limited Duration Income Trust positions in Q3 2019 and 3 closed out, a net change of +1 holder.
- The largest Franklin Limited Duration Income Trust buyer in Q3 2019 was Raymond James & Associates, an estimated $644K added.
- The largest Franklin Limited Duration Income Trust seller in Q3 2019 was Sit Investment Associates, an estimated $3.72M sold.
Based on aggregated 13F filings for Q3 2019.