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PIM

Franklin Master Intermediate Income Trust
PIM

46 hedge funds and large institutions have $83.9M invested in Franklin Master Intermediate Income Trust in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 9

1.12% more ownership

Funds ownership: 53.14% → 54.26% (+1.1%)

1% more capital invested

Capital invested by funds: $82.9M → $83.9M (+$1.02M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

15% less funds holding

Funds holding: 54 → 46 (-8)

73% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 11

Holders
46
Holders Change
-8
Holders Change %
-14.81%
% of All Funds
0.66%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
3
Increased
15
Reduced
9
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$3.7M
2
PI
PFG Investments
New York
+$770K
3
FSI
Flow State Investments
Illinois
+$224K
4
SFS
Shaker Financial Services
Virginia
+$70.7K
5
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
+$41.1K

Top Sellers

Rank Fund Capital Flow
1
1CP
1607 Capital Partners
Virginia
-$2.14M
2
TW
Transform Wealth
Colorado
-$639K
3
Morgan Stanley
Morgan Stanley
New York
-$603K
4
Invesco
Invesco
Georgia
-$401K
5
CCP
Clough Capital Partners
Massachusetts
-$87.7K
Name Holding Trade Value Shares
Change 		Change in
Stake
DWM
26
Dakota Wealth Management
Florida
$59.3K – – –
AAS
27
Avantax Advisory Services
Texas
$48.9K +$1.66K +517 +4%
GLLW
28
Graves Light Lenhart Wealth
Virginia
$45.8K – – –
WA
29
WealthTrust Axiom
Pennsylvania
$43.5K -$4.8K -1,499 -10%
SRC
30
Shufro Rose & Co
New York
$35.2K – – –
GP
31
Gridiron Partners
Pennsylvania
$33.6K – – –
Osaic Holdings
32
Osaic Holdings
Arizona
$33.2K +$3.09K +963 +10%
WP
33
WealthShield Partners
North Carolina
$32.2K – – –
MC
34
Moors & Cabot
Massachusetts
$32K – – –
KFI
35
Key Financial Inc
Pennsylvania
$30.4K -$7.64K -2,382 -20%
Wells Fargo
36
Wells Fargo
California
$25.4K – – –
Royal Bank of Canada
37
Royal Bank of Canada
Ontario, Canada
$25K +$17.8K +5,538 +256%
HCM
38
Hollencrest Capital Management
California
$24.4K – – –
PNC Financial Services Group
39
PNC Financial Services Group
Pennsylvania
$16.5K -$311 -97 -2%
RIL
40
Rothschild Investment LLC
Illinois
$15.6K – – –
Bank of America
41
Bank of America
North Carolina
$10.9K +$7.54K +2,351 +221%
AF
42
Allworth Financial
California
$6.4K – – –
GWSG
43
GPS Wealth Strategies Group
Colorado
$2.37K -$728 -227 -23%
SPIA
44
Steward Partners Investment Advisory
New York
$1.28K – – –
CA
45
CoreCap Advisors
Michigan
$416 +$417 +130 New
FIA
46
FNY Investment Advisers
New York
$1 – – –
TW
47
Transform Wealth
Colorado
– -$639K -200,225 Closed
CCP
48
Clough Capital Partners
Massachusetts
– -$87.7K -27,500 Closed
RJA
49
Raymond James & Associates
Florida
– -$45.3K -14,211 Closed
XT
50
XTX Topco
Cayman Islands
– -$36K -11,294 Closed
1
2
3

PIM Hedge Fund Activity: Q1 2024 in Review

46 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q1 2024, worth a combined $83.9M — up 1.2% from $82.9M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of PIM and 3 opened new positions — a net loss of 8 holders — while 9 trimmed existing stakes and 15 added.

The largest buyer was Sit Investment Associates, adding an estimated $3.7M. The largest seller was 1607 Capital Partners, cutting an estimated $2.14M.

  • 46 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q1 2024, down from 54 in Q4 2023.
  • Funds reported $83.9M of Franklin Master Intermediate Income Trust stock for Q1 2024, up 1.2% quarter-over-quarter.
  • 3 funds opened new Franklin Master Intermediate Income Trust positions in Q1 2024 and 11 closed out, a net change of -8 holders.
  • The largest Franklin Master Intermediate Income Trust buyer in Q1 2024 was Sit Investment Associates, an estimated $3.7M added.
  • The largest Franklin Master Intermediate Income Trust seller in Q1 2024 was 1607 Capital Partners, an estimated $2.14M sold.

Based on aggregated 13F filings for Q1 2024.