Franklin Premier Income Trust
PPT
88 hedge funds and large institutions have $81.7M invested in Franklin Premier Income Trust in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 29 increasing their positions, 15 reducing their positions, and 8 closing their positions.
163% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 8
93% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 15
13% more funds holding
Funds holding: 78 → 88 (+10)
0.53% less ownership
Funds ownership: 13.05% → 12.52% (-0.53%)
5% less capital invested
Capital invested by funds: $86M → $81.7M (-$4.32M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.57M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$1.08M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$670K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$640K |
| 5 |
VF
Virtu Financial
New York
|
+$562K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$7.55M |
| 2 |
SRC
Shufro Rose & Co
New York
|
-$807K |
| 3 |
Morgan Stanley
New York
|
-$798K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$532K |
| 5 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$250K |
PPT Hedge Fund Activity: Q3 2017 in Review
88 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q3 2017, worth a combined $81.7M — down 5% from $86M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PPT positions and 8 closed out — a net gain of 13 holders — while 29 added to existing stakes and 15 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.57M. The largest seller was Sit Investment Associates, cutting an estimated $7.55M.
- 88 institutional investors held Franklin Premier Income Trust (PPT) as of Q3 2017, up from 78 in Q2 2017.
- Funds reported $81.7M of Franklin Premier Income Trust stock for Q3 2017, down 5% quarter-over-quarter.
- 21 funds opened new Franklin Premier Income Trust positions in Q3 2017 and 8 closed out, a net change of +13 holders.
- The largest Franklin Premier Income Trust buyer in Q3 2017 was Laurion Capital Management, an estimated $1.57M added.
- The largest Franklin Premier Income Trust seller in Q3 2017 was Sit Investment Associates, an estimated $7.55M sold.
Based on aggregated 13F filings for Q3 2017.