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PPT

Franklin Premier Income Trust
PPT

80 hedge funds and large institutions have $183M invested in Franklin Premier Income Trust in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 18 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 18

12% more capital invested

Capital invested by funds: $164M → $183M (+$19.3M)

2.56% more ownership

Funds ownership: 22.59% → 25.15% (+2.6%)

0% more funds holding

Funds holding: 80 → 80 (0)

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

Holders
80
Holders Change
–
Holders Change %
0%
% of All Funds
2.3%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
30
Reduced
18
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
1CP
1607 Capital Partners
Virginia
+$6.94M
2
SCM
Saba Capital Management
New York
+$3.78M
3
RVP
Relative Value Partners
Illinois
+$3.75M
4
Morgan Stanley
Morgan Stanley
New York
+$1.02M
5
RCM
Rivernorth Capital Management
Florida
+$972K

Top Sellers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
-$780K
2
FAAS
First Allied Advisory Services
California
-$593K
3
TC
TFS Capital
Pennsylvania
-$404K
4
Citigroup
Citigroup
New York
-$348K
5
SFS
Shaker Financial Services
Virginia
-$332K
Name Holding Trade Value Shares
Change 		Change in
Stake
PVWM
26
Point View Wealth Management
New Jersey
$452K -$2.52K -455 -0.6%
IAS
27
IMA Advisory Services
Colorado
$441K – – –
GC
28
Guggenheim Capital
Illinois
$412K -$780K -140,839 -65%
LCM
29
Landscape Capital Management
New Jersey
$406K +$53.3K +9,621 +15%
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$365K +$176K +31,755 +93%
VKH
31
Virtu KCG Holdings
New York
$363K +$362K +65,387 New
DA
32
Doliver Advisors
Texas
$353K +$352K +63,579 New
MFS
33
MSI Financial Services
Massachusetts
$341K +$118K +21,273 +53%
GHAM
34
Gilman Hill Asset Management
Connecticut
$333K – – –
PIA
35
Peachtree Investment Advisors
Georgia
$297K +$74.8K +13,500 +34%
IT
36
Independence Trust
Tennessee
$269K +$22.4K +4,045 +9%
FAAS
37
First Allied Advisory Services
California
$237K -$593K -107,063 -71%
ICAS
38
Investors Capital Advisory Services
Massachusetts
$223K +$471 +85 +0.2%
AP
39
Advisors Preferred
Maryland
$178K -$31.9K -5,766 -15%
US Bancorp
40
US Bancorp
Minnesota
$158K – – –
Cambridge Investment Research Advisors
41
Cambridge Investment Research Advisors
Iowa
$149K -$3.43K -620 -2%
CS
42
Credit Suisse
Switzerland
$139K – – –
RJT
43
Raymond James Trust
Florida
$128K -$4.7K -849 -4%
CAM
44
Columbia Asset Management
Michigan
$111K – – –
WA
45
WFG Advisors
Texas
$105K +$111 +20 +0.1%
HCM
46
Hollencrest Capital Management
California
$103K – – –
Bank of New York Mellon
47
Bank of New York Mellon
New York
$96K +$343 +62 +0.4%
CL
48
CSS LLC
Illinois
$82K – – –
CAN
49
Cetera Advisor Networks
California
$78K +$427 +77 +0.5%
ACP
50
Aviance Capital Partners
Florida
$77K +$16.4K +2,966 +27%
1
2
3 4

PPT Hedge Fund Activity: Q2 2014 in Review

80 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q2 2014, worth a combined $183M — up 12% from $164M a quarter earlier.

Fund positioning in PPT was balanced in Q2 2014: 7 funds opened new positions, 7 closed out, 30 added to existing stakes and 18 trimmed.

The largest buyer was 1607 Capital Partners, adding an estimated $6.94M. The largest seller was Guggenheim Capital, cutting an estimated $780K.

  • 80 institutional investors held Franklin Premier Income Trust (PPT) as of Q2 2014, unchanged from Q1 2014.
  • Funds reported $183M of Franklin Premier Income Trust stock for Q2 2014, up 12% quarter-over-quarter.
  • 7 funds opened new Franklin Premier Income Trust positions in Q2 2014 and 7 closed out, a net change of 0 holders.
  • The largest Franklin Premier Income Trust buyer in Q2 2014 was 1607 Capital Partners, an estimated $6.94M added.
  • The largest Franklin Premier Income Trust seller in Q2 2014 was Guggenheim Capital, an estimated $780K sold.

Based on aggregated 13F filings for Q2 2014.