Franklin Master Intermediate Income Trust
PIM
59 hedge funds and large institutions have $77.7M invested in Franklin Master Intermediate Income Trust in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
8% more capital invested
Capital invested by funds: $71.7M → $77.7M (+$5.99M)
4% more funds holding
Funds holding: 57 → 59 (+2)
1.91% more ownership
Funds ownership: 22.92% → 24.83% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.07M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$965K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$965K |
| 4 |
JG
Jefferies Group
New York
|
+$685K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$655K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$255K |
| 2 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$151K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$142K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$79K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
-$75.8K |
PIM Hedge Fund Activity: Q2 2014 in Review
59 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q2 2014, worth a combined $77.7M — up 8.3% from $71.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PIM positions and 5 closed out — a net gain of 2 holders — while 18 added to existing stakes and 12 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $2.07M. The largest seller was Morgan Stanley, cutting an estimated $255K.
- 59 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q2 2014, up from 57 in Q1 2014.
- Funds reported $77.7M of Franklin Master Intermediate Income Trust stock for Q2 2014, up 8.3% quarter-over-quarter.
- 7 funds opened new Franklin Master Intermediate Income Trust positions in Q2 2014 and 5 closed out, a net change of +2 holders.
- The largest Franklin Master Intermediate Income Trust buyer in Q2 2014 was 1607 Capital Partners, an estimated $2.07M added.
- The largest Franklin Master Intermediate Income Trust seller in Q2 2014 was Morgan Stanley, an estimated $255K sold.
Based on aggregated 13F filings for Q2 2014.