Franklin Limited Duration Income Trust
FTF
51 hedge funds and large institutions have $95.5M invested in Franklin Limited Duration Income Trust in 2019 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 repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.04% less ownership
Funds ownership: 45.91% → 43.87% (-2%)
6% less funds holding
Funds holding: 54 → 51 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
62% less capital inflows, than outflows
Capital inflows: $2.67M | Capital outflows: $7.06M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$520K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$389K |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
+$297K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$234K |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.98M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.39M |
| 3 |
Morgan Stanley
New York
|
-$1.17M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$624K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$396K |
FTF Hedge Fund Activity: Q2 2019 in Review
51 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Franklin Limited Duration Income Trust (FTF) for Q2 2019, worth a combined $95.5M — down 4.4% from $100M 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 Ladenburg Thalmann Financial Services, adding an estimated $520K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.98M.
- 51 institutional investors held Franklin Limited Duration Income Trust (FTF) as of Q2 2019, down from 54 in Q1 2019.
- Funds reported $95.5M of Franklin Limited Duration Income Trust stock for Q2 2019, down 4.4% quarter-over-quarter.
- 4 funds opened new Franklin Limited Duration Income Trust positions in Q2 2019 and 6 closed out, a net change of -2 holders.
- The largest Franklin Limited Duration Income Trust buyer in Q2 2019 was Ladenburg Thalmann Financial Services, an estimated $520K added.
- The largest Franklin Limited Duration Income Trust seller in Q2 2019 was Rivernorth Capital Management, an estimated $1.98M sold.
Based on aggregated 13F filings for Q2 2019.