Franklin Master Intermediate Income Trust
PIM
49 hedge funds and large institutions have $70M invested in Franklin Master Intermediate Income Trust in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 7 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
6% more capital invested
Capital invested by funds: $66.3M → $70M (+$3.69M)
2.62% more ownership
Funds ownership: 40% → 42.63% (+2.6%)
0% more funds holding
Funds holding: 49 → 49 (0)
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
|
+$2.2M |
| 2 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
+$1.18M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$520K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$424K |
| 5 |
HIP
HUB Investment Partners
Austin,
Texas
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$196K |
| 2 |
Millennium Management
New York
|
-$114K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$96.7K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$74.1K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$49.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Millennium Management
New York
| – | -$114K | -35,767 | Closed |
|
52
Jane Street
New York
| – | -$48.2K | -15,070 | Closed |
|
53
Goldman Sachs
New York
| – | -$44.5K | -13,900 | Closed |
|
|
LSC
54
Logan Stone Capital
Chicago,
Illinois
| – | -$37.9K | -11,859 | Closed |
|
|
MCC
55
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$12.7K | -3,974 | Closed |
|
|
CS
56
Credit Suisse
Zurich,
Switzerland
| – | -$2.35K | -736 | Closed |
|
PIM Hedge Fund Activity: Q1 2023 in Review
49 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q1 2023, worth a combined $70M — up 5.6% from $66.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PIM positions and 7 closed out — a net gain of 1 holder — while 15 added to existing stakes and 7 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.2M. The largest seller was HRT Financial, exiting entirely with an estimated $196K sold.
- 49 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $70M of Franklin Master Intermediate Income Trust stock for Q1 2023, up 5.6% quarter-over-quarter.
- 8 funds opened new Franklin Master Intermediate Income Trust positions in Q1 2023 and 7 closed out, a net change of +1 holder.
- The largest Franklin Master Intermediate Income Trust buyer in Q1 2023 was Sit Investment Associates, an estimated $2.2M added.
- The largest Franklin Master Intermediate Income Trust seller in Q1 2023 was HRT Financial, an estimated $196K sold.
Based on aggregated 13F filings for Q1 2023.