We are live on ! Find out more
PIM

Franklin Master Intermediate Income Trust
PIM

58 hedge funds and large institutions have $57.6M invested in Franklin Master Intermediate Income Trust in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 9 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 9

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

7% more funds holding

Funds holding: 54 → 58 (+4)

0.83% less ownership

Funds ownership: 24.64% → 23.82% (-0.83%)

7% less capital invested

Capital invested by funds: $61.7M → $57.6M (-$4.05M)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
58
Holders Change
+4
Holders Change %
+7.41%
% of All Funds
1.33%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
11
Increased
21
Reduced
9
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
1CP
1607 Capital Partners
Virginia
+$1.31M
2
Invesco
Invesco
Georgia
+$190K
3
LCM
Landscape Capital Management
New Jersey
+$118K
4
TSS
Two Sigma Securities
New York
+$99K
5
AG
Advisor Group
Arizona
+$83.3K

Top Sellers

Rank Fund Capital Flow
1
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$2.39M
2
SIA
Sit Investment Associates
Minnesota
-$1.18M
3
GC
Guggenheim Capital
Illinois
-$199K
4
SG Americas Securities
SG Americas Securities
New York
-$163K
5
DA
Doliver Advisors
Texas
-$121K
Name Holding Trade Value Shares
Change 		Change in
Stake
NL
26
NWAM LLC
Washington
$95K +$23K +5,000 +31%
RJFSA
27
Raymond James Financial Services Advisors
Florida
$90K -$21.5K -4,685 -19%
IAMOG
28
Investors Asset Management of Georgia
Georgia
$84K – – –
Cambridge Investment Research Advisors
29
Cambridge Investment Research Advisors
Iowa
$80K +$4.29K +934 +6%
OC
30
Oarsman Capital
Wisconsin
$67K +$4.59K +1,000 +7%
PHS
31
Pekin Hardy Strauss
Illinois
$63K – – –
SRC
32
Shufro Rose & Co
New York
$63K +$64.3K +14,000 New
PAS
33
Partnervest Advisory Services
California
$61K – – –
PVWM
34
Point View Wealth Management
New Jersey
$48K – – –
Cetera Investment Advisers
35
Cetera Investment Advisers
Illinois
$46K – – –
Citigroup
36
Citigroup
New York
$41K +$20.6K +4,496 +98%
AWMS
37
Advocacy Wealth Management Services
Georgia
$27K +$6.89K +1,500 +33%
Northwestern Mutual Wealth Management
38
Northwestern Mutual Wealth Management
Wisconsin
$26K +$20K +4,362 +316%
PNC Financial Services Group
39
PNC Financial Services Group
Pennsylvania
$23K +$23K +5,000 New
APA
40
American Portfolios Advisors
New York
$18.1K – – –
1IA
41
1834 Investment Advisors
Wisconsin
$11K – – –
FHB
42
First Hawaiian Bank
Hawaii
$11K +$11K +2,390 New
VIA
43
Vantage Investment Advisors
Pennsylvania
$10K – – –
LTFS
44
Ladenburg Thalmann Financial Services
Florida
$9K +$202 +44 +2%
GWM
45
Geneos Wealth Management
Colorado
$8K – – –
MFW
46
Mosaic Family Wealth
Missouri
$8K – – –
CWA
47
Clarus Wealth Advisors
Arizona
$7K – – –
IF
48
Ironwood Financial
Arizona
$7K – – –
SWM
49
SeaCrest Wealth Management
New York
$7K – – –
SPIA
50
Steward Partners Investment Advisory
New York
$4K -$6.49K -1,412 -61%
1
2
3

PIM Hedge Fund Activity: Q3 2018 in Review

58 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q3 2018, worth a combined $57.6M — down 6.6% from $61.7M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new PIM positions and 6 closed out — a net gain of 5 holders — while 21 added to existing stakes and 9 trimmed.

The largest buyer was 1607 Capital Partners, opening a new position worth an estimated $1.31M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $2.39M sold.

  • 58 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q3 2018, up from 54 in Q2 2018.
  • Funds reported $57.6M of Franklin Master Intermediate Income Trust stock for Q3 2018, down 6.6% quarter-over-quarter.
  • 11 funds opened new Franklin Master Intermediate Income Trust positions in Q3 2018 and 6 closed out, a net change of +5 holders.
  • The largest Franklin Master Intermediate Income Trust buyer in Q3 2018 was 1607 Capital Partners, an estimated $1.31M added.
  • The largest Franklin Master Intermediate Income Trust seller in Q3 2018 was Envestnet Asset Management, an estimated $2.39M sold.

Based on aggregated 13F filings for Q3 2018.