Franklin Master Intermediate Income Trust
PIM
52 hedge funds and large institutions have $56.2M invested in Franklin Master Intermediate Income Trust in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 11 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
1% more capital invested
Capital invested by funds: $55.6M → $56.2M (+$523K)
0.55% more ownership
Funds ownership: 16.98% → 17.53% (+0.55%)
10% less funds holding
Funds holding: 58 → 52 (-6)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
Top Sellers
PIM Hedge Fund Activity: Q3 2013 in Review
52 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q3 2013, worth a combined $56.2M — up 0.94% from $55.6M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PIM and 5 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 20 added.
The largest buyer was First Allied Advisory Services, adding an estimated $2.58M. The largest seller was Newgate Capital Management, cutting an estimated $2.91M.
- 52 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q3 2013, down from 58 in Q2 2013.
- Funds reported $56.2M of Franklin Master Intermediate Income Trust stock for Q3 2013, up 0.94% quarter-over-quarter.
- 5 funds opened new Franklin Master Intermediate Income Trust positions in Q3 2013 and 11 closed out, a net change of -6 holders.
- The largest Franklin Master Intermediate Income Trust buyer in Q3 2013 was First Allied Advisory Services, an estimated $2.58M added.
- The largest Franklin Master Intermediate Income Trust seller in Q3 2013 was Newgate Capital Management, an estimated $2.91M sold.
Based on aggregated 13F filings for Q3 2013.