Franklin Master Intermediate Income Trust
PIM
43 hedge funds and large institutions have $65.3M invested in Franklin Master Intermediate Income Trust in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 9 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
1.57% more ownership
Funds ownership: 33.65% → 35.22% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $68.9M → $65.3M (-$3.56M)
10% less funds holding
Funds holding: 48 → 43 (-5)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.29M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$436K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$422K |
| 4 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$293K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$327K |
| 2 |
LP
Lloyd Park
Wilmette,
Illinois
|
-$283K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$140K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$122K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$75.4K |
PIM Hedge Fund Activity: Q1 2022 in Review
43 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q1 2022, worth a combined $65.3M — down 5.2% from $68.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PIM and 4 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 14 added.
The largest buyer was 1607 Capital Partners, opening a new position worth an estimated $2.29M. The largest seller was Coastal Bridge Advisors, exiting entirely with an estimated $327K sold.
- 43 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q1 2022, down from 48 in Q4 2021.
- Funds reported $65.3M of Franklin Master Intermediate Income Trust stock for Q1 2022, down 5.2% quarter-over-quarter.
- 4 funds opened new Franklin Master Intermediate Income Trust positions in Q1 2022 and 9 closed out, a net change of -5 holders.
- The largest Franklin Master Intermediate Income Trust buyer in Q1 2022 was 1607 Capital Partners, an estimated $2.29M added.
- The largest Franklin Master Intermediate Income Trust seller in Q1 2022 was Coastal Bridge Advisors, an estimated $327K sold.
Based on aggregated 13F filings for Q1 2022.