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PIM

Franklin Master Intermediate Income Trust

54 hedge funds and large institutions have $82.9M invested in Franklin Master Intermediate Income Trust in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 11

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

10% more capital invested

Capital invested by funds: $75.2M → $82.9M (+$7.68M)

2.21% more ownership

Funds ownership: 50.93%53.14% (+2.2%)

2% more funds holding

Funds holding: 5354 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
54
Holders Change
+1
Holders Change %
+1.89%
% of All Funds
0.79%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
10
Increased
18
Reduced
11
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$66.2M +$2.64M +863,617 +4%
1CP
2
1607 Capital Partners
Virginia
$4.17M +$282K +92,381 +8%
KIM
3
Karpus Investment Management
New York
$2.65M -$75.9K -24,840 -3%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$2.37M +$519K +169,864 +30%
Morgan Stanley
5
Morgan Stanley
New York
$1.2M +$557K +182,074 +94%
CPRC
6
Consolidated Portfolio Review Corp
New York
$777K +$352K +115,261 +90%
TW
7
Transform Wealth
Colorado
$639K +$15.3K +5,000 +3%
Invesco
8
Invesco
Georgia
$609K -$281K -91,779 -32%
GCP
9
Gill Capital Partners
Colorado
$559K +$6.03K +1,971 +1%
PM
10
Penbrook Management
New York
$478K -$52K -17,000 -10%
NA
11
NewEdge Advisors
Louisiana
$390K +$74.9K +24,500 +25%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$276K -$17K -5,546 -6%
HIP
13
HUB Investment Partners
Texas
$252K +$813 +266 +0.3%
MWM
14
Melfa Wealth Management
Massachusetts
$235K -$22.2K -7,255 -9%
SBIA
15
Sheaff Brock Investment Advisors
Indiana
$211K
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$210K +$731 +239 +0.4%
LPL Financial
17
LPL Financial
California
$154K -$6.76K -2,212 -4%
TCA
18
Transcend Capital Advisors
New Jersey
$149K
LCM
19
Landscape Capital Management
New Jersey
$146K +$100K +32,863 +257%
UBS Group
20
UBS Group
Switzerland
$114K -$9.87K -3,227 -8%
FAG
21
Fortitude Advisory Group
Washington
$111K
CCP
22
Clough Capital Partners
Massachusetts
$87.7K -$104K -33,900 -55%
SFS
23
Shaker Financial Services
Virginia
$78K +$15.4K +5,043 +26%
BFS
24
Bard Financial Services
Connecticut
$68.7K
CCM
25
Coldstream Capital Management
Washington
$63.8K +$61.1K +20,000 New

PIM Hedge Fund Activity: Q4 2023 in Review

54 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Franklin Master Intermediate Income Trust (PIM) for Q4 2023, worth a combined $82.9M — up 10% from $75.2M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new PIM positions and 9 closed out — a net gain of 1 holder — while 18 added to existing stakes and 11 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $2.64M. The largest seller was Invesco, cutting an estimated $281K.

  • 54 institutional investors held Franklin Master Intermediate Income Trust (PIM) as of Q4 2023, up from 53 in Q3 2023.
  • Funds reported $82.9M of Franklin Master Intermediate Income Trust stock for Q4 2023, up 10% quarter-over-quarter.
  • 10 funds opened new Franklin Master Intermediate Income Trust positions in Q4 2023 and 9 closed out, a net change of +1 holder.
  • The largest Franklin Master Intermediate Income Trust buyer in Q4 2023 was Sit Investment Associates, an estimated $2.64M added.
  • The largest Franklin Master Intermediate Income Trust seller in Q4 2023 was Invesco, an estimated $281K sold.

Based on aggregated 13F filings for Q4 2023.