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PIM

Franklin Master Intermediate Income Trust

55 hedge funds and large institutions have $68.1M invested in Franklin Master Intermediate Income Trust in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 4

27% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 11

10% more funds holding

Funds holding: 5055 (+5)

4% less capital invested

Capital invested by funds: $71.3M → $68.1M (-$3.19M)

1.64% less ownership

Funds ownership: 26.99%25.35% (-1.6%)

Holders
55
Holders Change
+5
Holders Change %
+10%
% of All Funds
1.37%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
14
Reduced
11
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$42.3M +$1.59M +340,248 +4%
AWMS
2
Advocacy Wealth Management Services
Georgia
$7.84M -$542K -116,094 -6%
Invesco
3
Invesco
Georgia
$2.82M +$243K +51,910 +9%
LCM
4
Landscape Capital Management
New Jersey
$2.44M +$630K +134,748 +34%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$2.4M
UBS Group
6
UBS Group
Switzerland
$2.38M +$82K +17,546 +4%
Wells Fargo
7
Wells Fargo
California
$1.27M -$1.19M -255,125 -49%
Bank of America
8
Bank of America
North Carolina
$1.12M +$83.3K +17,837 +8%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$941K +$436K +93,275 +87%
Morgan Stanley
10
Morgan Stanley
New York
$586K +$211K +45,247 +57%
GC
11
Guggenheim Capital
Illinois
$499K +$89.4K +19,144 +22%
SCM
12
Sterneck Capital Management
Missouri
$416K -$323K -69,110 -44%
SBIA
13
Sheaff Brock Investment Advisors
Indiana
$337K +$206K +44,000 +158%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$322K +$203K +43,522 +173%
Deutsche Bank
15
Deutsche Bank
Germany
$196K +$196K +42,000 New
CBA
16
Coastal Bridge Advisors
Connecticut
$194K +$193K +41,332 New
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$182K +$181K +38,769 New
LPL Financial
18
LPL Financial
California
$138K -$2.95K -632 -2%
RJA
19
Raymond James & Associates
Florida
$134K +$9.35K +2,000 +8%
IAMOG
20
Investors Asset Management of Georgia
Georgia
$122K -$18.7K -4,000 -13%
FIMG
21
Financial & Investment Management Group
Michigan
$119K
RJFSA
22
Raymond James Financial Services Advisors
Florida
$109K -$883 -189 -0.8%
WA
23
WealthTrust Axiom
Pennsylvania
$106K
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$95K +$98 +21 +0.1%
DA
25
Doliver Advisors
Texas
$83K -$77.5K -16,594 -48%

PIM Hedge Fund Activity: Q1 2017 in Review

55 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q1 2017, worth a combined $68.1M — down 4.5% from $71.3M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new PIM positions and 4 closed out — a net gain of 6 holders — while 14 added to existing stakes and 11 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $1.59M. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $6.69M sold.

  • 55 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q1 2017, up from 50 in Q4 2016.
  • Funds reported $68.1M of Franklin Master Intermediate Income Trust stock for Q1 2017, down 4.5% quarter-over-quarter.
  • 10 funds opened new Franklin Master Intermediate Income Trust positions in Q1 2017 and 4 closed out, a net change of +6 holders.
  • The largest Franklin Master Intermediate Income Trust buyer in Q1 2017 was Sit Investment Associates, an estimated $1.59M added.
  • The largest Franklin Master Intermediate Income Trust seller in Q1 2017 was 1607 Capital Partners, an estimated $6.69M sold.

Based on aggregated 13F filings for Q1 2017.