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PPT

Franklin Premier Income Trust
PPT

99 hedge funds and large institutions have $101M invested in Franklin Premier Income Trust in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 28 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

7% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 28

1.73% less ownership

Funds ownership: 19.6% → 17.87% (-1.7%)

7% less funds holding

Funds holding: 106 → 99 (-7)

9% less capital invested

Capital invested by funds: $111M → $101M (-$9.75M)

40% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 15

Holders
99
Holders Change
-7
Holders Change %
-6.6%
% of All Funds
2.27%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
9
Increased
30
Reduced
28
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$1.17M
2
Morgan Stanley
Morgan Stanley
New York
+$858K
3
RJA
Raymond James & Associates
Florida
+$777K
4
NMC
Nine Masts Capital
Hong Kong
+$555K
5
CAN
Cetera Advisor Networks
California
+$492K

Top Sellers

Rank Fund Capital Flow
1
EVM
Eaton Vance Management
Massachusetts
-$11M
2
SIA
Sit Investment Associates
Minnesota
-$3.84M
3
PPA
Parametric Portfolio Associates
Washington
-$261K
4
TJHA
Thomas J. Herzfeld Advisors
Florida
-$249K
5
SCM
Sterneck Capital Management
Missouri
-$214K
Name Holding Trade Value Shares
Change 		Change in
Stake
AF
26
Advisornet Financial
Minnesota
$413K +$16K +3,000 +4%
AG
27
Advisor Group
Arizona
$403K +$142K +26,631 +53%
CFA
28
Cahill Financial Advisors
Minnesota
$388K +$72.2K +13,510 +22%
LPL Financial
29
LPL Financial
California
$376K +$41.8K +7,820 +12%
CIA
30
Capital Investment Advisors
Georgia
$356K -$4.05K -758 -1%
IAMOG
31
Investors Asset Management of Georgia
Georgia
$345K +$1.34K +250 +0.4%
CIBC Private Wealth Group
32
CIBC Private Wealth Group
Georgia
$345K +$3.63K +680 +1%
LTFS
33
Ladenburg Thalmann Financial Services
Florida
$319K – – –
Bank of Montreal
34
Bank of Montreal
Ontario, Canada
$302K -$13.6K -2,549 -4%
HighTower Advisors
35
HighTower Advisors
Illinois
$302K +$50.3K +9,413 +19%
Stifel Financial
36
Stifel Financial
Missouri
$302K +$83K +15,530 +37%
SBIA
37
Sheaff Brock Investment Advisors
Indiana
$268K – – –
BWM
38
BerganKDV Wealth Management
Minnesota
$246K -$3.83K -716 -2%
OIA
39
OneDigital Investment Advisors
Kansas
$241K – – –
BA
40
Ballew Advisors
Mississippi
$235K -$26.2K -4,912 -10%
PA
41
Pinnacle Associates
New York
$235K – – –
RJT
42
Raymond James Trust
Florida
$220K – – –
DWM
43
Doyle Wealth Management
Florida
$216K +$3.19K +597 +1%
FWIA
44
Fort Washington Investment Advisors
Ohio
$215K +$6.41K +1,200 +3%
Cambridge Investment Research Advisors
45
Cambridge Investment Research Advisors
Iowa
$213K +$9.35K +1,750 +4%
SMH
46
Sanders Morris Harris
Texas
$208K – – –
BF
47
BOK Financial
Oklahoma
$206K +$2.94K +550 +1%
SWM
48
SeaCrest Wealth Management
New York
$188K +$61.6K +11,530 +47%
FAAS
49
First Allied Advisory Services
California
$187K -$678 -127 -0.4%
BRWA
50
B. Riley Wealth Advisors
Florida
$180K -$62K -11,600 -25%
1
2
3 4 5

PPT Hedge Fund Activity: Q2 2018 in Review

99 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q2 2018, worth a combined $101M — down 8.8% from $111M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of PPT and 9 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 30 added.

The largest buyer was Commonwealth Equity Services, adding an estimated $1.17M. The largest seller was Eaton Vance Management, exiting entirely with an estimated $11M sold.

  • 99 institutional investors held Franklin Premier Income Trust (PPT) as of Q2 2018, down from 106 in Q1 2018.
  • Funds reported $101M of Franklin Premier Income Trust stock for Q2 2018, down 8.8% quarter-over-quarter.
  • 9 funds opened new Franklin Premier Income Trust positions in Q2 2018 and 15 closed out, a net change of -6 holders.
  • The largest Franklin Premier Income Trust buyer in Q2 2018 was Commonwealth Equity Services, an estimated $1.17M added.
  • The largest Franklin Premier Income Trust seller in Q2 2018 was Eaton Vance Management, an estimated $11M sold.

Based on aggregated 13F filings for Q2 2018.