We are live on ! Find out more
PMM

Franklin Managed Municipal Income Trust
PMM

80 hedge funds and large institutions have $52.1M invested in Franklin Managed Municipal Income Trust in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 19

10% more capital invested

Capital invested by funds: $47.1M → $52.1M (+$4.94M)

2.49% more ownership

Funds ownership: 17% → 19.48% (+2.5%)

14% less funds holding

Funds holding: 93 → 80 (-13)

56% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 18

Holders
80
Holders Change
-13
Holders Change %
-13.98%
% of All Funds
1.07%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
21
Reduced
19
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$1.81M
2
HWAM
Hennion & Walsh Asset Management
New Jersey
+$1.6M
3
Wells Fargo
Wells Fargo
California
+$1.32M
4
GC
Guggenheim Capital
Illinois
+$1.2M
5
Pathstone Holdings
Pathstone Holdings
New Jersey
+$1.02M

Top Sellers

Rank Fund Capital Flow
1
RCM
Robinson Capital Management
Michigan
-$1.89M
2
WAM
Wolverine Asset Management
Illinois
-$597K
3
VanEck Associates
VanEck Associates
New York
-$452K
4
Nomura Holdings
Nomura Holdings
Japan
-$304K
5
TJHA
Thomas J. Herzfeld Advisors
Florida
-$259K
Name Holding Trade Value Shares
Change 		Change in
Stake
UBG
51
United Bank (Georgia)
Georgia
$88.3K – – –
HWM
52
Hohimer Wealth Management
Washington
$88.2K – – –
Mariner
53
Mariner
Kansas
$86K +$6 +1 +0%
RIA
54
Regal Investment Advisors
Michigan
$83.4K – – –
PA
55
Procyon Advisors
Connecticut
$78.5K – – –
SWM
56
Spire Wealth Management
Virginia
$76.4K – – –
WS
57
Wedbush Securities
California
$76K -$9.88K -1,595 -11%
KPWS
58
Kestra Private Wealth Services
Texas
$75.1K – – –
JWCA
59
J.W. Cole Advisors
Florida
$75K +$75.8K +12,238 New
GJWM
60
Gilliland Jeter Wealth Management
Arkansas
$74.4K +$769 +124 +1%
Northwestern Mutual Wealth Management
61
Northwestern Mutual Wealth Management
Wisconsin
$73.6K – – –
AWM
62
AE Wealth Management
Kansas
$71.9K – – –
HF
63
HRT Financial
New York
$65K +$66.2K +10,677 New
IFG
64
Independent Financial Group
California
$62.9K +$63.5K +10,253 New
AGA
65
Arkos Global Advisors
Texas
$62K -$137K -22,045 -69%
TH
66
TCTC Holdings
Texas
$61.4K – – –
SWIM
67
Smallwood Wealth Investment Management
New Jersey
$55.2K +$55.8K +9,000 New
US Bancorp
68
US Bancorp
Minnesota
$43.8K – – –
AWM
69
Activest Wealth Management
Florida
$40.5K – – –
PNC Financial Services Group
70
PNC Financial Services Group
Pennsylvania
$32.6K – – –
GWM
71
Geneos Wealth Management
Colorado
$26.3K +$13.3K +2,144 +100%
OWP
72
ORG Wealth Partners
Texas
$17K – – –
AF
73
Advisornet Financial
Minnesota
$13K – – –
CHC
74
City Holding Co
West Virginia
$12.3K – – –
CWP
75
Concord Wealth Partners
Virginia
$9.53K – – –
1 2
3
4

PMM Hedge Fund Activity: Q1 2025 in Review

80 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Franklin Managed Municipal Income Trust (PMM) for Q1 2025, worth a combined $52.1M — up 10% from $47.1M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of PMM and 8 opened new positions — a net loss of 10 holders — while 19 trimmed existing stakes and 21 added.

The largest buyer was Sit Investment Associates, adding an estimated $1.81M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.89M sold.

  • 80 institutional investors held Franklin Managed Municipal Income Trust (PMM) as of Q1 2025, down from 93 in Q4 2024.
  • Funds reported $52.1M of Franklin Managed Municipal Income Trust stock for Q1 2025, up 10% quarter-over-quarter.
  • 8 funds opened new Franklin Managed Municipal Income Trust positions in Q1 2025 and 18 closed out, a net change of -10 holders.
  • The largest Franklin Managed Municipal Income Trust buyer in Q1 2025 was Sit Investment Associates, an estimated $1.81M added.
  • The largest Franklin Managed Municipal Income Trust seller in Q1 2025 was Robinson Capital Management, an estimated $1.89M sold.

Based on aggregated 13F filings for Q1 2025.