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FTF

Franklin Limited Duration Income Trust

47 hedge funds and large institutions have $145M invested in Franklin Limited Duration Income Trust in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 12

8% more capital invested

Capital invested by funds: $134M → $145M (+$10.4M)

1.45% more ownership

Funds ownership: 43.2%44.65% (+1.5%)

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

2% less funds holding

Funds holding: 4847 (-1)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
47
Holders Change
-1
Holders Change %
-2.08%
% of All Funds
1.25%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
7
Increased
20
Reduced
12
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$48.8M +$902 +76 +0%
SIA
2
Sit Investment Associates
Minnesota
$38.3M +$705K +59,400 +2%
RCM
3
Rivernorth Capital Management
Florida
$13.6M +$1.14M +96,032 +9%
1CP
4
1607 Capital Partners
Virginia
$7.49M -$243K -20,513 -3%
IA
5
Icon Advisers
Colorado
$7.3M +$1.31M +110,612 +22%
Wells Fargo
6
Wells Fargo
California
$4.77M +$3.99M +336,384 +580%
RVPG
7
Relative Value Partners Group
$3.93M +$2.61M +220,049 +209%
Invesco
8
Invesco
Georgia
$3.71M -$1.05M -88,499 -22%
Morgan Stanley
9
Morgan Stanley
New York
$1.84M -$150K -12,644 -8%
RJA
10
Raymond James & Associates
Florida
$1.76M +$116K +9,810 +7%
Cohen & Steers
11
Cohen & Steers
New York
$1.42M
Bank of America
12
Bank of America
North Carolina
$1.28M +$45.1K +3,802 +4%
Kovitz Investment Group Partners
13
Kovitz Investment Group Partners
Illinois
$1.17M
NL
14
NWAM LLC
Washington
$1.12M
LTFS
15
Ladenburg Thalmann Financial Services
Florida
$1.11M -$141K -11,892 -11%
AA
16
Ancora Advisors
Ohio
$907K +$119K +10,000 +15%
CWM
17
Cornerstone Wealth Management
Missouri
$585K +$574K +48,396 New
GWM
18
Greenwich Wealth Management
Connecticut
$574K -$2.67K -225 -0.5%
LPL Financial
19
LPL Financial
California
$492K +$8.14K +686 +2%
DADC
20
D.A. Davidson & Co
Montana
$434K +$17.8K +1,500 +4%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$423K +$6.05K +510 +1%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$378K -$3.58K -302 -1%
CIA
23
Capital Investment Advisors
Georgia
$336K -$22.7K -1,909 -6%
NFG
24
Nations Financial Group
Iowa
$325K +$4.3K +362 +1%
IA
25
IFP Advisors
Florida
$308K

FTF Hedge Fund Activity: Q3 2016 in Review

47 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q3 2016, worth a combined $145M — up 7.7% from $134M a quarter earlier.

Fund positioning in FTF was balanced in Q3 2016: 7 funds opened new positions, 7 closed out, 20 added to existing stakes and 12 trimmed.

The largest buyer was Wells Fargo, adding an estimated $3.99M. The largest seller was Koshinski Asset Management, exiting entirely with an estimated $2.81M sold.

  • 47 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q3 2016, down from 48 in Q2 2016.
  • Funds reported $145M of Franklin Limited Duration Income Trust stock for Q3 2016, up 7.7% quarter-over-quarter.
  • 7 funds opened new Franklin Limited Duration Income Trust positions in Q3 2016 and 7 closed out, a net change of 0 holders.
  • The largest Franklin Limited Duration Income Trust buyer in Q3 2016 was Wells Fargo, an estimated $3.99M added.
  • The largest Franklin Limited Duration Income Trust seller in Q3 2016 was Koshinski Asset Management, an estimated $2.81M sold.

Based on aggregated 13F filings for Q3 2016.