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PIM

Franklin Master Intermediate Income Trust

52 hedge funds and large institutions have $75.5M invested in Franklin Master Intermediate Income Trust in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

20% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 10

8% more capital invested

Capital invested by funds: $70M → $75.5M (+$5.46M)

6% more funds holding

Funds holding: 4952 (+3)

3.47% more ownership

Funds ownership: 42.63%46.09% (+3.5%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
52
Holders Change
+3
Holders Change %
+6.12%
% of All Funds
0.82%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
12
Reduced
10
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$58.6M +$1.94M +616,013 +3%
1CP
2
1607 Capital Partners
Virginia
$3.84M +$829K +263,094 +28%
KIM
3
Karpus Investment Management
New York
$2.71M +$639K +202,611 +31%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$1.35M +$1.34M +426,369 New
Invesco
5
Invesco
Georgia
$1.22M +$24.2K +7,671 +2%
TW
6
Transform Wealth
Colorado
$1.16M
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$699K +$697K +221,052 New
TJHA
8
Thomas J. Herzfeld Advisors
Florida
$597K +$595K +188,812 New
GCP
9
Gill Capital Partners
Colorado
$548K -$1.29K -409 -0.2%
PM
10
Penbrook Management
New York
$528K
Morgan Stanley
11
Morgan Stanley
New York
$519K +$48.2K +15,278 +10%
NA
12
NewEdge Advisors
Louisiana
$406K +$19.9K +6,300 +5%
SFS
13
Shaker Financial Services
Virginia
$315K -$541K -171,578 -63%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$290K +$13.9K +4,410 +5%
CCP
15
Clough Capital Partners
Massachusetts
$271K +$271K +85,900 New
HIP
16
HUB Investment Partners
Texas
$247K
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$222K +$2.82K +895 +1%
SBIA
18
Sheaff Brock Investment Advisors
Indiana
$209K
LPL Financial
19
LPL Financial
California
$162K -$3.36K -1,067 -2%
MC
20
Moors & Cabot
Massachusetts
$160K +$33.1K +10,500 +26%
TCA
21
Transcend Capital Advisors
New Jersey
$147K
UBS Group
22
UBS Group
Switzerland
$134K -$25.8K -8,169 -16%
CPRC
23
Consolidated Portfolio Review Corp
New York
$128K +$1.41K +447 +1%
FAG
24
Fortitude Advisory Group
Washington
$110K
QL
25
Quarry LP
New York
$77.1K +$76.9K +24,400 New

PIM Hedge Fund Activity: Q2 2023 in Review

52 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q2 2023, worth a combined $75.5M — up 7.8% from $70M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new PIM positions and 5 closed out — a net gain of 3 holders — while 12 added to existing stakes and 10 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $1.94M. The largest seller was Shaker Financial Services, cutting an estimated $541K.

  • 52 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q2 2023, up from 49 in Q1 2023.
  • Funds reported $75.5M of Franklin Master Intermediate Income Trust stock for Q2 2023, up 7.8% quarter-over-quarter.
  • 8 funds opened new Franklin Master Intermediate Income Trust positions in Q2 2023 and 5 closed out, a net change of +3 holders.
  • The largest Franklin Master Intermediate Income Trust buyer in Q2 2023 was Sit Investment Associates, an estimated $1.94M added.
  • The largest Franklin Master Intermediate Income Trust seller in Q2 2023 was Shaker Financial Services, an estimated $541K sold.

Based on aggregated 13F filings for Q2 2023.