Franklin Master Intermediate Income Trust
PIM
57 hedge funds and large institutions have $65.6M invested in Franklin Master Intermediate Income Trust in 2020 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 4 closing their positions.
375% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 4
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
33% more funds holding
Funds holding: 43 → 57 (+14)
16% more capital invested
Capital invested by funds: $56.5M → $65.6M (+$9.12M)
3.51% more ownership
Funds ownership: 26.54% → 30.04% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.4M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$525K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$434K |
| 4 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
+$326K |
| 5 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$286K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$211K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$65K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$34.1K |
| 4 |
LPL Financial
San Diego,
California
|
-$24.1K |
| 5 |
GCP
Gill Capital Partners
Denver,
Colorado
|
-$11.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
51
Advisory Services Network
Atlanta,
Georgia
| $4K | +$78 | +19 | +2% |
|
|
AIM
52
Anchor Investment Management
Columbia,
South Carolina
| $3.17K | +$3.09K | +749 | New |
|
|
RCA
53
Ranch Capital Advisors
Sarasota,
Florida
| $3K | – | – | – |
|
|
SPIA
54
Steward Partners Investment Advisory
New York
| $2K | – | – | – |
|
|
SL
55
Savior LLC
Wellesley Hills,
Massachusetts
| $2K | +$1.87K | +452 | New |
|
|
AWA
56
Arkadios Wealth Advisors
Atlanta,
Georgia
| $2K | +$2.18K | +528 | New |
|
57
Walleye Capital
New York
| $145 | +$141K | +34,189 | New |
|
|
58
Citadel Advisors
Miami,
Florida
| – | -$65K | -15,811 | Closed |
|
|
CBT
59
Central Bank & Trust
Lexington,
Kentucky
| – | -$8K | -2,000 | Closed |
|
|
AF
60
Allworth Financial
Folsom,
California
| – | -$3K | -653 | Closed |
|
61
BlackRock
New York
| – | -$2K | -478 | Closed |
|
PIM Hedge Fund Activity: Q4 2020 in Review
57 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q4 2020, worth a combined $65.6M — up 16% from $56.5M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PIM positions and 4 closed out — a net gain of 15 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.4M. The largest seller was Bank of America, cutting an estimated $211K.
- 57 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q4 2020, up from 43 in Q3 2020.
- Funds reported $65.6M of Franklin Master Intermediate Income Trust stock for Q4 2020, up 16% quarter-over-quarter.
- 19 funds opened new Franklin Master Intermediate Income Trust positions in Q4 2020 and 4 closed out, a net change of +15 holders.
- The largest Franklin Master Intermediate Income Trust buyer in Q4 2020 was Sit Investment Associates, an estimated $2.4M added.
- The largest Franklin Master Intermediate Income Trust seller in Q4 2020 was Bank of America, an estimated $211K sold.
Based on aggregated 13F filings for Q4 2020.