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PMM

Franklin Managed Municipal Income Trust
PMM

93 hedge funds and large institutions have $47.1M invested in Franklin Managed Municipal Income Trust in 2024 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 10

14% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 22

1.47% more ownership

Funds ownership: 15.53% → 17% (+1.5%)

1% more funds holding

Funds holding: 92 → 93 (+1)

1% more capital invested

Capital invested by funds: $46.5M → $47.1M (+$648K)

Holders
93
Holders Change
+1
Holders Change %
+1.09%
% of All Funds
1.22%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
14
Increased
25
Reduced
22
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Pathstone Holdings
Pathstone Holdings
New Jersey
+$1.02M
2
AAM
Advisors Asset Management
Colorado
+$933K
3
RCM
Rivernorth Capital Management
Florida
+$826K
4
Morgan Stanley
Morgan Stanley
New York
+$768K
5
GC
Guggenheim Capital
Illinois
+$760K

Top Sellers

Rank Fund Capital Flow
1
RCM
Robinson Capital Management
Michigan
-$454K
2
Ameriprise
Ameriprise
Minnesota
-$351K
3
IWM
IHT Wealth Management
Illinois
-$220K
4
LCM
Landscape Capital Management
New Jersey
-$210K
5
EAM
Everstar Asset Management
North Carolina
-$196K
Name Holding Trade Value Shares
Change 		Change in
Stake
SPIA
51
Steward Partners Investment Advisory
New York
$135K +$3.77K +600 +3%
BRWA
52
B. Riley Wealth Advisors
Florida
$122K -$11.2K -1,774 -8%
FAG
53
Fortitude Advisory Group
Washington
$109K – – –
NWMP
54
Noble Wealth Management PBC
Colorado
$104K +$109K +17,350 New
XT
55
XTX Topco
Cayman Islands
$103K +$108K +17,220 New
FAIM
56
Financial Advocates Investment Management
Washington
$103K -$5.24K -833 -5%
Citadel Advisors
57
Citadel Advisors
Florida
$98.4K +$6.74K +1,072 +7%
UBG
58
United Bank (Georgia)
Georgia
$86K – – –
HWM
59
Hohimer Wealth Management
Washington
$85.9K – – –
WS
60
Wedbush Securities
California
$84K +$23.9K +3,800 +37%
Mariner
61
Mariner
Kansas
$83.8K +$57 +9 +0.1%
LCM
62
Landscape Capital Management
New Jersey
$82K -$210K -33,434 -71%
RIA
63
Regal Investment Advisors
Michigan
$81.2K – – –
PA
64
Procyon Advisors
Connecticut
$76.4K – – –
SWM
65
Spire Wealth Management
Virginia
$74.4K -$31.4K -5,000 -29%
KPWS
66
Kestra Private Wealth Services
Texas
$73.1K – – –
IWC
67
Integrated Wealth Concepts
Massachusetts
$71.7K – – –
GJWM
68
Gilliland Jeter Wealth Management
Arkansas
$71.7K +$553 +88 +0.7%
Northwestern Mutual Wealth Management
69
Northwestern Mutual Wealth Management
Wisconsin
$71.6K -$6.29K -1,000 -8%
AWM
70
AE Wealth Management
Kansas
$70.1K – – –
PFT
71
Providence First Trust
Arizona
$68.3K – – –
HB
72
HTLF Bank
Colorado
$66.9K – – –
VF
73
Virtu Financial
New York
$66K +$69.8K +11,108 New
TH
74
TCTC Holdings
Texas
$59.8K – – –
US Bancorp
75
US Bancorp
Minnesota
$42.7K – – –
1 2
3
4 5

PMM Hedge Fund Activity: Q4 2024 in Review

93 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Franklin Managed Municipal Income Trust (PMM) for Q4 2024, worth a combined $47.1M — up 1.4% from $46.5M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new PMM positions and 10 closed out — a net gain of 4 holders — while 25 added to existing stakes and 22 trimmed.

The largest buyer was Pathstone Holdings, adding an estimated $1.02M. The largest seller was Robinson Capital Management, cutting an estimated $454K.

  • 93 institutional investors held Franklin Managed Municipal Income Trust (PMM) as of Q4 2024, up from 92 in Q3 2024.
  • Funds reported $47.1M of Franklin Managed Municipal Income Trust stock for Q4 2024, up 1.4% quarter-over-quarter.
  • 14 funds opened new Franklin Managed Municipal Income Trust positions in Q4 2024 and 10 closed out, a net change of +4 holders.
  • The largest Franklin Managed Municipal Income Trust buyer in Q4 2024 was Pathstone Holdings, an estimated $1.02M added.
  • The largest Franklin Managed Municipal Income Trust seller in Q4 2024 was Robinson Capital Management, an estimated $454K sold.

Based on aggregated 13F filings for Q4 2024.