Franklin Master Intermediate Income Trust
PIM
41 hedge funds and large institutions have $67.4M invested in Franklin Master Intermediate Income Trust in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.26% less ownership
Funds ownership: 32.21% → 31.96% (-0.26%)
4% less capital invested
Capital invested by funds: $69.9M → $67.4M (-$2.55M)
15% less funds holding
Funds holding: 48 → 41 (-7)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.87M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$127K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$89.3K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$53.2K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$38.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$517K |
| 2 |
Morgan Stanley
New York
|
-$506K |
| 3 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
-$503K |
| 4 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$298K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$249K |
PIM Hedge Fund Activity: Q3 2021 in Review
41 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q3 2021, worth a combined $67.4M — down 3.6% from $69.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PIM and 3 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.87M. The largest seller was Shaker Financial Services, cutting an estimated $517K.
- 41 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q3 2021, down from 48 in Q2 2021.
- Funds reported $67.4M of Franklin Master Intermediate Income Trust stock for Q3 2021, down 3.6% quarter-over-quarter.
- 3 funds opened new Franklin Master Intermediate Income Trust positions in Q3 2021 and 9 closed out, a net change of -6 holders.
- The largest Franklin Master Intermediate Income Trust buyer in Q3 2021 was Sit Investment Associates, an estimated $1.87M added.
- The largest Franklin Master Intermediate Income Trust seller in Q3 2021 was Shaker Financial Services, an estimated $517K sold.
Based on aggregated 13F filings for Q3 2021.