Franklin Premier Income Trust
PPT
87 hedge funds and large institutions have $125M invested in Franklin Premier Income Trust in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 28 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
5% more capital invested
Capital invested by funds: $119M → $125M (+$6.14M)
4% more funds holding
Funds holding: 84 → 87 (+3)
0.54% more ownership
Funds ownership: 34.55% → 35.09% (+0.54%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.23M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$530K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$250K |
| 4 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$175K |
| 5 |
POIA
Pin Oak Investment Advisors
Houston,
Texas
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.4M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$633K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$445K |
| 4 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$280K |
| 5 |
Morgan Stanley
New York
|
-$215K |
PPT Hedge Fund Activity: Q3 2024 in Review
87 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q3 2024, worth a combined $125M — up 5.2% from $119M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PPT positions and 8 closed out — a net gain of 3 holders — while 24 added to existing stakes and 28 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.23M. The largest seller was Allspring Global Investments, cutting an estimated $1.4M.
- 87 institutional investors held Franklin Premier Income Trust (PPT) as of Q3 2024, up from 84 in Q2 2024.
- Funds reported $125M of Franklin Premier Income Trust stock for Q3 2024, up 5.2% quarter-over-quarter.
- 11 funds opened new Franklin Premier Income Trust positions in Q3 2024 and 8 closed out, a net change of +3 holders.
- The largest Franklin Premier Income Trust buyer in Q3 2024 was Sit Investment Associates, an estimated $4.23M added.
- The largest Franklin Premier Income Trust seller in Q3 2024 was Allspring Global Investments, an estimated $1.4M sold.
Based on aggregated 13F filings for Q3 2024.