Franklin Premier Income Trust
PPT
95 hedge funds and large institutions have $85.2M invested in Franklin Premier Income Trust in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
6% more capital invested
Capital invested by funds: $80.1M → $85.2M (+$5.13M)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0.48% more ownership
Funds ownership: 14.75% → 15.23% (+0.48%)
1% less funds holding
Funds holding: 96 → 95 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.53M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$692K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$553K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$326K |
| 5 |
Morgan Stanley
New York
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$2.23M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.32M |
| 3 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$541K |
| 5 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$218K |
PPT Hedge Fund Activity: Q4 2019 in Review
95 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q4 2019, worth a combined $85.2M — up 6.4% from $80.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PPT positions and 12 closed out — a net gain of 1 holder — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $1.53M. The largest seller was Stifel Financial, cutting an estimated $2.23M.
- 95 institutional investors held Franklin Premier Income Trust (PPT) as of Q4 2019, down from 96 in Q3 2019.
- Funds reported $85.2M of Franklin Premier Income Trust stock for Q4 2019, up 6.4% quarter-over-quarter.
- 13 funds opened new Franklin Premier Income Trust positions in Q4 2019 and 12 closed out, a net change of +1 holder.
- The largest Franklin Premier Income Trust buyer in Q4 2019 was Raymond James & Associates, an estimated $1.53M added.
- The largest Franklin Premier Income Trust seller in Q4 2019 was Stifel Financial, an estimated $2.23M sold.
Based on aggregated 13F filings for Q4 2019.