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PPT

Franklin Premier Income Trust

106 hedge funds and large institutions have $111M invested in Franklin Premier Income Trust in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more capital invested

Capital invested by funds: $90.4M → $111M (+$20.1M)

11% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 27

5.61% more ownership

Funds ownership: 13.99%19.6% (+5.6%)

0% more funds holding

Funds holding: 106106 (0)

0% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 16

Holders
106
Holders Change
Holders Change %
0%
% of All Funds
2.43%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
30
Reduced
27
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CIBC Private Wealth Group
26
CIBC Private Wealth Group
Georgia
$342K -$342K -65,365 -50%
LPL Financial
27
LPL Financial
California
$335K +$17.7K +3,388 +6%
LTFS
28
Ladenburg Thalmann Financial Services
Florida
$319K +$191K +36,480 +149%
CFA
29
Cahill Financial Advisors
Minnesota
$317K +$316K +60,507 New
Bank of Montreal
30
Bank of Montreal
Ontario, Canada
$315K -$9.54K -1,826 -3%
SBIA
31
Sheaff Brock Investment Advisors
Indiana
$268K
AG
32
Advisor Group
Arizona
$263K -$101K -19,403 -28%
BA
33
Ballew Advisors
Mississippi
$261K +$3.31K +633 +1%
PPA
34
Parametric Portfolio Associates
Washington
$261K +$5.87K +1,123 +2%
HighTower Advisors
35
HighTower Advisors
Illinois
$254K -$4.07K -779 -2%
BWM
36
BerganKDV Wealth Management
Minnesota
$249K +$8.24K +1,576 +3%
TJHA
37
Thomas J. Herzfeld Advisors
Florida
$249K +$10K +1,918 +4%
BRWA
38
B. Riley Wealth Advisors
Florida
$242K -$15K -2,877 -6%
OIA
39
OneDigital Investment Advisors
Kansas
$241K
PA
40
Pinnacle Associates
New York
$235K +$64.9K +12,425 +38%
RJT
41
Raymond James Trust
Florida
$220K
Stifel Financial
42
Stifel Financial
Missouri
$220K +$220K +42,176 New
DWM
43
Doyle Wealth Management
Florida
$212K +$3.15K +603 +2%
FWIA
44
Fort Washington Investment Advisors
Ohio
$209K +$78.4K +15,000 +60%
SMH
45
Sanders Morris Harris
Texas
$208K
Cambridge Investment Research Advisors
46
Cambridge Investment Research Advisors
Iowa
$203K -$3.09K -591 -1%
BF
47
BOK Financial
Oklahoma
$203K +$13.1K +2,500 +7%
FAAS
48
First Allied Advisory Services
California
$187K
LCM
49
Landscape Capital Management
New Jersey
$184K -$13.6K -2,608 -7%
HK
50
Horizon Kinetics
New York
$180K -$102K -19,560 -36%

PPT Hedge Fund Activity: Q1 2018 in Review

106 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q1 2018, worth a combined $111M — up 22% from $90.4M a quarter earlier.

Fund positioning in PPT was balanced in Q1 2018: 16 funds opened new positions, 16 closed out, 30 added to existing stakes and 27 trimmed.

The largest buyer was Eaton Vance Management, opening a new position worth an estimated $10.9M. The largest seller was Wells Fargo, cutting an estimated $2.4M.

  • 106 institutional investors held Franklin Premier Income Trust (PPT) as of Q1 2018, unchanged from Q4 2017.
  • Funds reported $111M of Franklin Premier Income Trust stock for Q1 2018, up 22% quarter-over-quarter.
  • 16 funds opened new Franklin Premier Income Trust positions in Q1 2018 and 16 closed out, a net change of 0 holders.
  • The largest Franklin Premier Income Trust buyer in Q1 2018 was Eaton Vance Management, an estimated $10.9M added.
  • The largest Franklin Premier Income Trust seller in Q1 2018 was Wells Fargo, an estimated $2.4M sold.

Based on aggregated 13F filings for Q1 2018.