Franklin Limited Duration Income Trust
FTF
43 hedge funds and large institutions have $70.1M invested in Franklin Limited Duration Income Trust in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
21% more capital invested
Capital invested by funds: $58.1M → $70.1M (+$12M)
8% more funds holding
Funds holding: 40 → 43 (+3)
3.55% more ownership
Funds ownership: 16.6% → 20.16% (+3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.11M |
| 2 |
SCM
Saba Capital Management
New York
|
+$5.1M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.73M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$636K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$501K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.32M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$476K |
| 3 |
Morgan Stanley
New York
|
-$344K |
| 4 |
OC
Oppenheimer & Co
New York
|
-$181K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$68.6K |
FTF Hedge Fund Activity: Q4 2013 in Review
43 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q4 2013, worth a combined $70.1M — up 21% from $58.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FTF positions and 3 closed out — a net gain of 4 holders — while 21 added to existing stakes and 11 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $5.11M. The largest seller was Guggenheim Capital, cutting an estimated $2.32M.
- 43 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q4 2013, up from 40 in Q3 2013.
- Funds reported $70.1M of Franklin Limited Duration Income Trust stock for Q4 2013, up 21% quarter-over-quarter.
- 7 funds opened new Franklin Limited Duration Income Trust positions in Q4 2013 and 3 closed out, a net change of +4 holders.
- The largest Franklin Limited Duration Income Trust buyer in Q4 2013 was Sit Investment Associates, an estimated $5.11M added.
- The largest Franklin Limited Duration Income Trust seller in Q4 2013 was Guggenheim Capital, an estimated $2.32M sold.
Based on aggregated 13F filings for Q4 2013.