Franklin Premier Income Trust
PPT
84 hedge funds and large institutions have $119M invested in Franklin Premier Income Trust in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 28 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
2% more capital invested
Capital invested by funds: $117M → $119M (+$2.31M)
0.07% more ownership
Funds ownership: 34.47% → 34.55% (+0.07%)
0% more funds holding
Funds holding: 84 → 84 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$4.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$595K |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$429K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$336K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$305K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.91M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$558K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$331K |
| 4 |
HF
HRT Financial
New York
|
-$189K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$120K |
PPT Hedge Fund Activity: Q2 2024 in Review
84 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q2 2024, worth a combined $119M — up 2% from $117M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PPT positions and 8 closed out — a net gain of 2 holders — while 22 added to existing stakes and 28 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $4.4M. The largest seller was Sit Investment Associates, cutting an estimated $4.91M.
- 84 institutional investors held Franklin Premier Income Trust (PPT) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $119M of Franklin Premier Income Trust stock for Q2 2024, up 2% quarter-over-quarter.
- 10 funds opened new Franklin Premier Income Trust positions in Q2 2024 and 8 closed out, a net change of +2 holders.
- The largest Franklin Premier Income Trust buyer in Q2 2024 was Allspring Global Investments, an estimated $4.4M added.
- The largest Franklin Premier Income Trust seller in Q2 2024 was Sit Investment Associates, an estimated $4.91M sold.
Based on aggregated 13F filings for Q2 2024.