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PPT

Franklin Premier Income Trust
PPT

91 hedge funds and large institutions have $168M invested in Franklin Premier Income Trust in 2015 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 7

14% more funds holding

Funds holding: 80 → 91 (+11)

9% more capital invested

Capital invested by funds: $154M → $168M (+$14M)

2.02% more ownership

Funds ownership: 25.86% → 27.88% (+2%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

20% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 25

Holders
91
Holders Change
+11
Holders Change %
+13.75%
% of All Funds
2.39%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
18
Increased
20
Reduced
25
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
EVM
Eaton Vance Management
Massachusetts
+$10.1M
2
SCM
Saba Capital Management
New York
+$3M
3
SIA
Sit Investment Associates
Minnesota
+$1.08M
4
PAIM
Punch & Associates Investment Management
Minnesota
+$1M
5
LCM
Landscape Capital Management
New Jersey
+$955K

Top Sellers

Rank Fund Capital Flow
1
RVPG
Relative Value Partners Group
-$3.21M
2
Morgan Stanley
Morgan Stanley
New York
-$1.27M
3
IT
Independence Trust
Tennessee
-$764K
4
TJHA
Thomas J. Herzfeld Advisors
Florida
-$635K
5
RC
Roundview Capital
New Jersey
-$432K
Name Holding Trade Value Shares
Change 		Change in
Stake
IAMOG
26
Investors Asset Management of Georgia
Georgia
$414K -$2.48K -500 -0.6%
PVWM
27
Point View Wealth Management
New Jersey
$409K -$13K -2,610 -3%
SMC
28
Smith, Moore & Co
Missouri
$407K -$30.3K -6,100 -7%
CIA
29
Capital Investment Advisors
Georgia
$394K – – –
MFS
30
MSI Financial Services
Massachusetts
$331K +$29.3K +5,910 +10%
TCM
31
Texan Capital Management
Texas
$283K – – –
GHAM
32
Gilman Hill Asset Management
Connecticut
$256K +$257K +51,750 New
TJHA
33
Thomas J. Herzfeld Advisors
Florida
$239K -$635K -127,805 -73%
VKH
34
Virtu KCG Holdings
New York
$219K +$91.8K +18,484 +72%
HNB
35
Huntington National Bank
Ohio
$201K – – –
WAM
36
Weiss Asset Management
Massachusetts
$189K +$190K +38,196 New
FAAS
37
First Allied Advisory Services
California
$176K -$14.2K -2,852 -7%
SG Americas Securities
38
SG Americas Securities
New York
$170K +$170K +34,257 New
FMA
39
FNY Managed Accounts
New York
$170K +$170K +34,279 New
SFM
40
Signet Financial Management
New Jersey
$161K -$39K -7,845 -19%
ICAS
41
Investors Capital Advisory Services
Massachusetts
$147K -$32.1K -6,466 -18%
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$138K +$382 +77 +0.3%
RJT
43
Raymond James Trust
Florida
$137K – – –
US Bancorp
44
US Bancorp
Minnesota
$131K -$452 -91 -0.3%
Goldman Sachs
45
Goldman Sachs
New York
$130K +$70.8K +14,259 +120%
Citadel Advisors
46
Citadel Advisors
Florida
$127K -$268 -54 -0.2%
CS
47
Credit Suisse
Switzerland
$124K – – –
PNC Financial Services Group
48
PNC Financial Services Group
Pennsylvania
$116K -$152K -30,582 -57%
DA
49
Doliver Advisors
Texas
$103K +$103K +20,800 New
CAM
50
Columbia Asset Management
Michigan
$99K +$99.3K +20,000 New
1
2
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PPT Hedge Fund Activity: Q4 2015 in Review

91 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q4 2015, worth a combined $168M — up 9.1% from $154M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new PPT positions and 7 closed out — a net gain of 11 holders — while 20 added to existing stakes and 25 trimmed.

The largest buyer was Eaton Vance Management, adding an estimated $10.1M. The largest seller was Relative Value Partners Group, cutting an estimated $3.21M.

  • 91 institutional investors held Franklin Premier Income Trust (PPT) as of Q4 2015, up from 80 in Q3 2015.
  • Funds reported $168M of Franklin Premier Income Trust stock for Q4 2015, up 9.1% quarter-over-quarter.
  • 18 funds opened new Franklin Premier Income Trust positions in Q4 2015 and 7 closed out, a net change of +11 holders.
  • The largest Franklin Premier Income Trust buyer in Q4 2015 was Eaton Vance Management, an estimated $10.1M added.
  • The largest Franklin Premier Income Trust seller in Q4 2015 was Relative Value Partners Group, an estimated $3.21M sold.

Based on aggregated 13F filings for Q4 2015.