Franklin Master Intermediate Income Trust
PIM
48 hedge funds and large institutions have $56.6M invested in Franklin Master Intermediate Income Trust in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 6 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
0% less capital invested
Capital invested by funds: $56.6M → $56.6M (-$10.9K)
0.84% less ownership
Funds ownership: 24.86% → 24.02% (-0.84%)
8% less funds holding
Funds holding: 52 → 48 (-4)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$475K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$225K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$163K |
| 4 |
Morgan Stanley
New York
|
+$118K |
| 5 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$35.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.79M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$374K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$294K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$74.2K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$59K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$43K | -10,196 | Closed |
|
|
AWMS
52
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$34K | -8,000 | Closed |
|
|
MOS
53
MGO One Seven
Beachwood,
Ohio
| – | -$27K | -6,506 | Closed |
|
|
FIA
54
FNY Investment Advisers
New York
| – | +$347 | +78 | +58% |
|
PIM Hedge Fund Activity: Q1 2019 in Review
48 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q1 2019, worth a combined $56.6M — down 0.02% from $56.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PIM and 3 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 15 added.
The largest buyer was 1607 Capital Partners, adding an estimated $475K. The largest seller was Sit Investment Associates, cutting an estimated $2.79M.
- 48 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q1 2019, down from 52 in Q4 2018.
- Funds reported $56.6M of Franklin Master Intermediate Income Trust stock for Q1 2019, down 0.02% quarter-over-quarter.
- 3 funds opened new Franklin Master Intermediate Income Trust positions in Q1 2019 and 6 closed out, a net change of -3 holders.
- The largest Franklin Master Intermediate Income Trust buyer in Q1 2019 was 1607 Capital Partners, an estimated $475K added.
- The largest Franklin Master Intermediate Income Trust seller in Q1 2019 was Sit Investment Associates, an estimated $2.79M sold.
Based on aggregated 13F filings for Q1 2019.