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PIM

Franklin Master Intermediate Income Trust

48 hedge funds and large institutions have $69.9M invested in Franklin Master Intermediate Income Trust in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 12

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.15% less ownership

Funds ownership: 32.36%32.21% (-0.15%)

3% less capital invested

Capital invested by funds: $72.3M → $69.9M (-$2.36M)

13% less funds holding

Funds holding: 5548 (-7)

70% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 10

Holders
48
Holders Change
-7
Holders Change %
-12.73%
% of All Funds
0.84%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
14
Reduced
12
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$54.7M +$614K +145,035 +1%
SFS
2
Shaker Financial Services
Virginia
$3.34M -$49.1K -11,593 -1%
Invesco
3
Invesco
Georgia
$2.64M +$50.2K +11,853 +2%
Morgan Stanley
4
Morgan Stanley
New York
$1.36M -$441K -104,079 -24%
HIP
5
HUB Investment Partners
Texas
$826K -$2.12K -500 -0.3%
PM
6
Penbrook Management
New York
$826K
GCP
7
Gill Capital Partners
Colorado
$771K -$70.3K -16,615 -8%
PPA
8
Parametric Portfolio Associates
Washington
$652K +$5.84K +1,380 +0.9%
PHS
9
Pekin Hardy Strauss
Illinois
$591K +$597K +140,940 New
MAFM
10
Mid Atlantic Financial Management
Pennsylvania
$506K +$41.1K +9,700 +9%
UBS Group
11
UBS Group
Switzerland
$339K -$57.8K -13,654 -14%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$316K +$123K +29,177 +63%
CBA
13
Coastal Bridge Advisors
Connecticut
$298K +$4.12K +973 +1%
SBIA
14
Sheaff Brock Investment Advisors
Indiana
$278K
HWAM
15
Hennion & Walsh Asset Management
New Jersey
$249K -$6.18K -1,461 -2%
LCM
16
Landscape Capital Management
New Jersey
$248K -$306K -72,221 -55%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$243K +$116K +27,436 +90%
TCA
18
Transcend Capital Advisors
New Jersey
$210K
OC
19
Oppenheimer & Co
New York
$197K
LPL Financial
20
LPL Financial
California
$174K +$18.7K +4,408 +12%
RJA
21
Raymond James & Associates
Florida
$166K +$2.86K +675 +2%
BFS
22
Bard Financial Services
Connecticut
$90K
Osaic Holdings
23
Osaic Holdings
Arizona
$89K +$5.24K +1,237 +6%
WA
24
WealthTrust Axiom
Pennsylvania
$86K -$6.97K -1,647 -7%
Citadel Advisors
25
Citadel Advisors
Florida
$77K -$49.1K -11,603 -39%

PIM Hedge Fund Activity: Q2 2021 in Review

48 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q2 2021, worth a combined $69.9M — down 3.3% from $72.3M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of PIM and 3 opened new positions — a net loss of 7 holders — while 12 trimmed existing stakes and 14 added.

The largest buyer was Sit Investment Associates, adding an estimated $614K. The largest seller was Morgan Stanley, cutting an estimated $441K.

  • 48 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q2 2021, down from 55 in Q1 2021.
  • Funds reported $69.9M of Franklin Master Intermediate Income Trust stock for Q2 2021, down 3.3% quarter-over-quarter.
  • 3 funds opened new Franklin Master Intermediate Income Trust positions in Q2 2021 and 10 closed out, a net change of -7 holders.
  • The largest Franklin Master Intermediate Income Trust buyer in Q2 2021 was Sit Investment Associates, an estimated $614K added.
  • The largest Franklin Master Intermediate Income Trust seller in Q2 2021 was Morgan Stanley, an estimated $441K sold.

Based on aggregated 13F filings for Q2 2021.