Franklin Limited Duration Income Trust
FTF
48 hedge funds and large institutions have $134M invested in Franklin Limited Duration Income Trust in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 6 closing their positions.
6% more capital invested
Capital invested by funds: $126M → $134M (+$8.13M)
1.66% more ownership
Funds ownership: 41.54% → 43.2% (+1.7%)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 50 → 48 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$3.71M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.33M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.77M |
| 4 |
SCM
Saba Capital Management
New York
|
+$537K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.12M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$943K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$708K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$518K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$482K |
FTF Hedge Fund Activity: Q2 2016 in Review
48 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q2 2016, worth a combined $134M — up 6.4% from $126M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FTF and 4 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 19 added.
The largest buyer was Icon Advisers, adding an estimated $3.71M. The largest seller was Financial & Investment Management Group, exiting entirely with an estimated $1.12M sold.
- 48 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q2 2016, down from 50 in Q1 2016.
- Funds reported $134M of Franklin Limited Duration Income Trust stock for Q2 2016, up 6.4% quarter-over-quarter.
- 4 funds opened new Franklin Limited Duration Income Trust positions in Q2 2016 and 6 closed out, a net change of -2 holders.
- The largest Franklin Limited Duration Income Trust buyer in Q2 2016 was Icon Advisers, an estimated $3.71M added.
- The largest Franklin Limited Duration Income Trust seller in Q2 2016 was Financial & Investment Management Group, an estimated $1.12M sold.
Based on aggregated 13F filings for Q2 2016.