Franklin Premier Income Trust
PPT
88 hedge funds and large institutions have $109M invested in Franklin Premier Income Trust in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
5% more funds holding
Funds holding: 84 → 88 (+4)
0.34% more ownership
Funds ownership: 31.52% → 31.86% (+0.34%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $113M → $109M (-$4.33M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.36M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$527K |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$320K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$100K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$79.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$819K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$475K |
| 3 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
-$406K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$237K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$172K |
PPT Hedge Fund Activity: Q3 2023 in Review
88 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q3 2023, worth a combined $109M — down 3.8% from $113M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PPT positions and 8 closed out — a net gain of 5 holders — while 28 added to existing stakes and 23 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $3.36M. The largest seller was Morgan Stanley, cutting an estimated $819K.
- 88 institutional investors held Franklin Premier Income Trust (PPT) as of Q3 2023, up from 84 in Q2 2023.
- Funds reported $109M of Franklin Premier Income Trust stock for Q3 2023, down 3.8% quarter-over-quarter.
- 13 funds opened new Franklin Premier Income Trust positions in Q3 2023 and 8 closed out, a net change of +5 holders.
- The largest Franklin Premier Income Trust buyer in Q3 2023 was Sit Investment Associates, an estimated $3.36M added.
- The largest Franklin Premier Income Trust seller in Q3 2023 was Morgan Stanley, an estimated $819K sold.
Based on aggregated 13F filings for Q3 2023.