Franklin Master Intermediate Income Trust
PIM
51 hedge funds and large institutions have $82.2M invested in Franklin Master Intermediate Income Trust in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 6 closing their positions.
0.35% less ownership
Funds ownership: 30.73% → 30.38% (-0.35%)
5% less capital invested
Capital invested by funds: $86.3M → $82.2M (-$4.11M)
7% less funds holding
Funds holding: 55 → 51 (-4)
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
Top Sellers
PIM Hedge Fund Activity: Q2 2015 in Review
51 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q2 2015, worth a combined $82.2M — down 4.8% from $86.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PIM and 3 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 15 added.
The largest buyer was Wells Fargo, adding an estimated $3.3M. The largest seller was Saba Capital Management, exiting entirely with an estimated $3.29M sold.
- 51 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q2 2015, down from 55 in Q1 2015.
- Funds reported $82.2M of Franklin Master Intermediate Income Trust stock for Q2 2015, down 4.8% quarter-over-quarter.
- 3 funds opened new Franklin Master Intermediate Income Trust positions in Q2 2015 and 6 closed out, a net change of -3 holders.
- The largest Franklin Master Intermediate Income Trust buyer in Q2 2015 was Wells Fargo, an estimated $3.3M added.
- The largest Franklin Master Intermediate Income Trust seller in Q2 2015 was Saba Capital Management, an estimated $3.29M sold.
Based on aggregated 13F filings for Q2 2015.