Franklin Master Intermediate Income Trust
PIM
55 hedge funds and large institutions have $72.3M invested in Franklin Master Intermediate Income Trust in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 10 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
10% more capital invested
Capital invested by funds: $65.6M → $72.3M (+$6.66M)
2.32% more ownership
Funds ownership: 30.04% → 32.36% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 57 → 55 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.44M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.23M |
| 3 |
Morgan Stanley
New York
|
+$1.1M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$651K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$495K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIP
HUB Investment Partners
Austin,
Texas
|
-$1.43M |
| 2 |
Millennium Management
New York
|
-$269K |
| 3 |
Citigroup
New York
|
-$132K |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$130K |
| 5 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
-$122K |
PIM Hedge Fund Activity: Q1 2021 in Review
55 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q1 2021, worth a combined $72.3M — up 10% from $65.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PIM and 9 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 15 added.
The largest buyer was Sit Investment Associates, adding an estimated $3.44M. The largest seller was HUB Investment Partners, cutting an estimated $1.43M.
- 55 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q1 2021, down from 57 in Q4 2020.
- Funds reported $72.3M of Franklin Master Intermediate Income Trust stock for Q1 2021, up 10% quarter-over-quarter.
- 9 funds opened new Franklin Master Intermediate Income Trust positions in Q1 2021 and 10 closed out, a net change of -1 holder.
- The largest Franklin Master Intermediate Income Trust buyer in Q1 2021 was Sit Investment Associates, an estimated $3.44M added.
- The largest Franklin Master Intermediate Income Trust seller in Q1 2021 was HUB Investment Partners, an estimated $1.43M sold.
Based on aggregated 13F filings for Q1 2021.