Franklin Limited Duration Income Trust
FTF
75 hedge funds and large institutions have $88.1M invested in Franklin Limited Duration Income Trust in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 31 reducing their positions, and 13 closing their positions.
9% more capital invested
Capital invested by funds: $81.1M → $88.1M (+$6.96M)
4.72% more ownership
Funds ownership: 58.1% → 62.82% (+4.7%)
7% less funds holding
Funds holding: 81 → 75 (-6)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
42% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$4.61M |
| 2 |
Morgan Stanley
New York
|
+$2.9M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$2.66M |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$2.66M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$790K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.23M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$989K |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$434K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$375K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$348K |
FTF Hedge Fund Activity: Q2 2023 in Review
75 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q2 2023, worth a combined $88.1M — up 8.6% from $81.1M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FTF and 8 opened new positions — a net loss of 5 holders — while 31 trimmed existing stakes and 18 added.
The largest buyer was Thomas J. Herzfeld Advisors, opening a new position worth an estimated $4.61M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $4.23M sold.
- 75 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q2 2023, down from 81 in Q1 2023.
- Funds reported $88.1M of Franklin Limited Duration Income Trust stock for Q2 2023, up 8.6% quarter-over-quarter.
- 8 funds opened new Franklin Limited Duration Income Trust positions in Q2 2023 and 13 closed out, a net change of -5 holders.
- The largest Franklin Limited Duration Income Trust buyer in Q2 2023 was Thomas J. Herzfeld Advisors, an estimated $4.61M added.
- The largest Franklin Limited Duration Income Trust seller in Q2 2023 was Rivernorth Capital Management, an estimated $4.23M sold.
Based on aggregated 13F filings for Q2 2023.