Franklin Premier Income Trust
PPT
98 hedge funds and large institutions have $118M invested in Franklin Premier Income Trust in 2022 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 25 increasing their positions, 26 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
8% more funds holding
Funds holding: 91 → 98 (+7)
7% more capital invested
Capital invested by funds: $110M → $118M (+$7.47M)
1.58% more ownership
Funds ownership: 30.1% → 31.68% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$4.21M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.19M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$635K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$542K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.21M |
| 2 |
HWM
Howard Wealth Management
Madison,
Connecticut
|
-$1.62M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$539K |
| 4 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$531K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$217K |
PPT Hedge Fund Activity: Q4 2022 in Review
98 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q4 2022, worth a combined $118M — up 6.8% from $110M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PPT positions and 12 closed out — a net gain of 8 holders — while 25 added to existing stakes and 26 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $4.21M. The largest seller was Morgan Stanley, cutting an estimated $2.21M.
- 98 institutional investors held Franklin Premier Income Trust (PPT) as of Q4 2022, up from 91 in Q3 2022.
- Funds reported $118M of Franklin Premier Income Trust stock for Q4 2022, up 6.8% quarter-over-quarter.
- 20 funds opened new Franklin Premier Income Trust positions in Q4 2022 and 12 closed out, a net change of +8 holders.
- The largest Franklin Premier Income Trust buyer in Q4 2022 was Allspring Global Investments, an estimated $4.21M added.
- The largest Franklin Premier Income Trust seller in Q4 2022 was Morgan Stanley, an estimated $2.21M sold.
Based on aggregated 13F filings for Q4 2022.