We are live on ! Find out more
PMM

Franklin Managed Municipal Income Trust

73 hedge funds and large institutions have $30.3M invested in Franklin Managed Municipal Income Trust in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

1% more funds holding

Funds holding: 7273 (+1)

0.26% more ownership

Funds ownership: 10.67%10.93% (+0.26%)

10% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 21

13% less capital invested

Capital invested by funds: $34.8M → $30.3M (-$4.47M)

Holders
73
Holders Change
+1
Holders Change %
+1.39%
% of All Funds
1.26%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
19
Reduced
21
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$3.79M -$35.4K -5,305 -0.8%
RJFSA
2
Raymond James Financial Services Advisors
Florida
$3.11M +$807K +120,898 +28%
Morgan Stanley
3
Morgan Stanley
New York
$3.09M -$13.1K -1,964 -0.4%
Ameriprise
4
Ameriprise
Minnesota
$2.39M -$65.9K -9,885 -2%
Wells Fargo
5
Wells Fargo
California
$2.35M +$116K +17,339 +4%
KMWM
6
Keudell/Morrison Wealth Management
Oregon
$1.37M +$599K +89,800 +58%
Bank of America
7
Bank of America
North Carolina
$1.15M +$54.2K +8,127 +4%
AAS
8
Avantax Advisory Services
Texas
$1.11M +$226K +33,812 +21%
VanEck Associates
9
VanEck Associates
New York
$865K -$92.8K -13,915 -8%
LPL Financial
10
LPL Financial
California
$765K +$89.7K +13,449 +11%
Osaic Holdings
11
Osaic Holdings
Arizona
$632K -$82.9K -12,434 -10%
CIA
12
Capital Investment Advisors
Georgia
$601K
DLG
13
Daniel L. Goodwin
$528K
SBIA
14
Sheaff Brock Investment Advisors
Indiana
$484K -$26.7K -4,000 -4%
CAN
15
Cetera Advisor Networks
California
$479K +$46.9K +7,034 +9%
JPLA
16
Joseph P. Lucia & Associates
New York
$471K -$68.6K -10,286 -11%
PFT
17
Providence First Trust
Arizona
$448K
Invesco
18
Invesco
Georgia
$422K -$512K -76,739 -51%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$418K +$33.9K +5,075 +7%
UBS Group
20
UBS Group
Switzerland
$383K -$66.9K -10,032 -13%
IFG
21
Independent Financial Group
California
$364K +$97.3K +14,580 +29%
TFCP
22
Twin Focus Capital Partners
Massachusetts
$349K
Cohen & Steers
23
Cohen & Steers
New York
$347K -$187K -28,000 -31%
GCP
24
Gill Capital Partners
Colorado
$347K -$20.7K -3,100 -5%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$297K +$594 +89 +0.2%

PMM Hedge Fund Activity: Q3 2022 in Review

73 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Franklin Managed Municipal Income Trust (PMM) for Q3 2022, worth a combined $30.3M — down 13% from $34.8M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new PMM positions and 7 closed out — a net gain of 1 holder — while 19 added to existing stakes and 21 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $807K. The largest seller was Invesco, cutting an estimated $512K.

  • 73 institutional investors held Franklin Managed Municipal Income Trust (PMM) as of Q3 2022, up from 72 in Q2 2022.
  • Funds reported $30.3M of Franklin Managed Municipal Income Trust stock for Q3 2022, down 13% quarter-over-quarter.
  • 8 funds opened new Franklin Managed Municipal Income Trust positions in Q3 2022 and 7 closed out, a net change of +1 holder.
  • The largest Franklin Managed Municipal Income Trust buyer in Q3 2022 was Raymond James Financial Services Advisors, an estimated $807K added.
  • The largest Franklin Managed Municipal Income Trust seller in Q3 2022 was Invesco, an estimated $512K sold.

Based on aggregated 13F filings for Q3 2022.