Franklin Master Intermediate Income Trust
PIM
52 hedge funds and large institutions have $56.6M invested in Franklin Master Intermediate Income Trust in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 12 closing their positions.
1.04% more ownership
Funds ownership: 23.82% → 24.86% (+1%)
2% less capital invested
Capital invested by funds: $57.6M → $56.6M (-$969K)
10% less funds holding
Funds holding: 58 → 52 (-6)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
51
Geneos Wealth Management
Englewood,
Colorado
| $1K | -$6.44K | -1,462 | -79% |
|
|
SFS
52
Shaker Financial Services
Arlington,
Virginia
| – | -$536K | -118,487 | Closed |
|
|
SI
53
Stephens Inc
Little Rock,
Arkansas
| – | -$189K | -41,855 | Closed |
|
|
DA
54
Doliver Advisors
Houston,
Texas
| – | -$162K | -35,946 | Closed |
|
|
TSS
55
Two Sigma Securities
New York
| – | -$97K | -21,556 | Closed |
|
|
IAMOG
56
Investors Asset Management of Georgia
Atlanta,
Georgia
| – | -$84K | -18,613 | Closed |
|
|
SPIA
57
Steward Partners Investment Advisory
New York
| – | -$4K | -884 | Closed |
|
58
US Bancorp
Minneapolis,
Minnesota
| – | -$3K | -677 | Closed |
|
|
NFG
59
Next Financial Group
Houston,
Texas
| – | -$3K | -617 | Closed |
|
|
CAG
60
Csenge Advisory Group
Clearwater,
Florida
| – | -$1K | -340 | Closed |
|
|
WSTAM
61
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$1K | -300 | Closed |
|
|
PCIA
62
Prime Capital Investment Advisors
Overland Park,
Kansas
| – | -$1K | -255 | Closed |
|
|
TRCT
63
Tower Research Capital (TRC)
New York
| – | +$88 | +20 | New |
|
PIM Hedge Fund Activity: Q4 2018 in Review
52 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q4 2018, worth a combined $56.6M — down 1.7% from $57.6M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PIM and 8 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 8 added.
The largest buyer was 1607 Capital Partners, adding an estimated $5.94M. The largest seller was Sit Investment Associates, cutting an estimated $3.1M.
- 52 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q4 2018, down from 58 in Q3 2018.
- Funds reported $56.6M of Franklin Master Intermediate Income Trust stock for Q4 2018, down 1.7% quarter-over-quarter.
- 8 funds opened new Franklin Master Intermediate Income Trust positions in Q4 2018 and 12 closed out, a net change of -4 holders.
- The largest Franklin Master Intermediate Income Trust buyer in Q4 2018 was 1607 Capital Partners, an estimated $5.94M added.
- The largest Franklin Master Intermediate Income Trust seller in Q4 2018 was Sit Investment Associates, an estimated $3.1M sold.
Based on aggregated 13F filings for Q4 2018.