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PIM

Franklin Master Intermediate Income Trust

48 hedge funds and large institutions have $56.6M invested in Franklin Master Intermediate Income Trust in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 9

0% less capital invested

Capital invested by funds: $56.6M → $56.6M (-$10.9K)

0.84% less ownership

Funds ownership: 24.86%24.02% (-0.84%)

8% less funds holding

Funds holding: 5248 (-4)

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

Holders
48
Holders Change
-4
Holders Change %
-7.69%
% of All Funds
1.04%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
15
Reduced
9
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$37.8M -$2.79M -627,480 -7%
1CP
2
1607 Capital Partners
Virginia
$7.9M +$475K +106,800 +7%
Invesco
3
Invesco
Georgia
$2.57M +$163K +36,632 +7%
Bank of America
4
Bank of America
North Carolina
$1.23M +$4.91K +1,105 +0.4%
PM
5
Penbrook Management
New York
$776K
LCM
6
Landscape Capital Management
New Jersey
$756K +$225K +50,560 +44%
Morgan Stanley
7
Morgan Stanley
New York
$714K +$118K +26,504 +20%
UBS Group
8
UBS Group
Switzerland
$657K -$374K -84,197 -37%
PPA
9
Parametric Portfolio Associates
Washington
$633K -$74.2K -16,686 -11%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$404K -$25K -5,630 -6%
CBA
11
Coastal Bridge Advisors
Connecticut
$324K +$5.05K +1,135 +2%
Wells Fargo
12
Wells Fargo
California
$301K -$2.61K -587 -0.9%
SBIA
13
Sheaff Brock Investment Advisors
Indiana
$301K
RJA
14
Raymond James & Associates
Florida
$278K -$44K -9,888 -14%
DAS
15
Dynamic Advisor Solutions
Arizona
$204K +$35.8K +8,045 +22%
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$189K +$28.6K +6,433 +18%
MAFM
17
Mid Atlantic Financial Management
Pennsylvania
$148K -$294K -66,200 -67%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$142K +$2.02K +455 +1%
CCP
19
Clough Capital Partners
Massachusetts
$138K
LPL Financial
20
LPL Financial
California
$118K +$5.54K +1,245 +5%
9WM
21
9258 Wealth Management
Ohio
$101K
WA
22
WealthTrust Axiom
Pennsylvania
$100K
NL
23
NWAM LLC
Washington
$84K
RJFSA
24
Raymond James Financial Services Advisors
Florida
$82K -$4.01K -903 -5%
AG
25
Advisor Group
Arizona
$82K

PIM Hedge Fund Activity: Q1 2019 in Review

48 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q1 2019, worth a combined $56.6M — down 0.02% from $56.6M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of PIM and 3 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 15 added.

The largest buyer was 1607 Capital Partners, adding an estimated $475K. The largest seller was Sit Investment Associates, cutting an estimated $2.79M.

  • 48 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q1 2019, down from 52 in Q4 2018.
  • Funds reported $56.6M of Franklin Master Intermediate Income Trust stock for Q1 2019, down 0.02% quarter-over-quarter.
  • 3 funds opened new Franklin Master Intermediate Income Trust positions in Q1 2019 and 6 closed out, a net change of -3 holders.
  • The largest Franklin Master Intermediate Income Trust buyer in Q1 2019 was 1607 Capital Partners, an estimated $475K added.
  • The largest Franklin Master Intermediate Income Trust seller in Q1 2019 was Sit Investment Associates, an estimated $2.79M sold.

Based on aggregated 13F filings for Q1 2019.