Franklin Master Intermediate Income Trust
PIM
54 hedge funds and large institutions have $61.7M invested in Franklin Master Intermediate Income Trust in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
10% more funds holding
Funds holding: 49 → 54 (+5)
0.62% less ownership
Funds ownership: 25.26% → 24.64% (-0.62%)
3% less capital invested
Capital invested by funds: $63.6M → $61.7M (-$1.97M)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$621K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$225K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$184K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$170K |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.62M |
| 2 |
TSS
Two Sigma Securities
New York
|
-$187K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$153K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$150K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$107K |
PIM Hedge Fund Activity: Q2 2018 in Review
54 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q2 2018, worth a combined $61.7M — down 3.1% from $63.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PIM positions and 6 closed out — a net gain of 6 holders — while 11 added to existing stakes and 15 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $621K. The largest seller was Sit Investment Associates, cutting an estimated $2.62M.
- 54 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q2 2018, up from 49 in Q1 2018.
- Funds reported $61.7M of Franklin Master Intermediate Income Trust stock for Q2 2018, down 3.1% quarter-over-quarter.
- 12 funds opened new Franklin Master Intermediate Income Trust positions in Q2 2018 and 6 closed out, a net change of +6 holders.
- The largest Franklin Master Intermediate Income Trust buyer in Q2 2018 was Shaker Financial Services, an estimated $621K added.
- The largest Franklin Master Intermediate Income Trust seller in Q2 2018 was Sit Investment Associates, an estimated $2.62M sold.
Based on aggregated 13F filings for Q2 2018.