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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.02M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$933K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$826K |
| 4 |
Morgan Stanley
New York
|
+$768K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$760K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$454K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$351K |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$220K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$210K |
| 5 |
EAM
Everstar Asset Management
Mooresville,
North Carolina
|
-$196K |
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.