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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.7M |
| 2 |
PI
PFG Investments
Woodbury,
New York
|
+$770K |
| 3 |
FSI
Flow State Investments
Chicago,
Illinois
|
+$224K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$70.7K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$41.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.14M |
| 2 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
-$639K |
| 3 |
Morgan Stanley
New York
|
-$603K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$401K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$87.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFG Advisory
Atlanta,
Georgia
| – | -$34.3K | -10,750 | Closed |
|
|
IAMOG
52
Investors Asset Management of Georgia
Atlanta,
Georgia
| – | -$33.6K | -10,613 | Closed |
|
|
FMTCOCP
53
Farmers & Merchants Trust Co of Chambersburg PA
Chambersburg,
Pennsylvania
| – | -$14K | -4,500 | Closed |
|
54
JP Morgan Chase
New York
| – | -$13.3K | -4,160 | Closed |
|
55
Comerica Bank
Dallas,
Texas
| – | -$9.57K | -3,000 | Closed |
|
|
PS
56
Planned Solutions
Folsom,
California
| – | -$5.52K | -1,729 | Closed |
|
57
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -187 | Closed |
|
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.