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PPT

Franklin Premier Income Trust

98 hedge funds and large institutions have $99M invested in Franklin Premier Income Trust in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 24

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 11

0.26% less ownership

Funds ownership: 17.87%17.61% (-0.26%)

2% less capital invested

Capital invested by funds: $101M → $99M (-$1.81M)

1% less funds holding

Funds holding: 9998 (-1)

Holders
98
Holders Change
-1
Holders Change %
-1.01%
% of All Funds
2.24%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
11
Increased
30
Reduced
24
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LA
51
LexAurum Advisors
Kansas
$131K -$6.32K -1,205 -5%
WS
52
Wedbush Securities
California
$117K -$34.7K -6,620 -23%
CHAM
53
Clear Harbor Asset Management
Connecticut
$117K +$498 +95 +0.4%
Northwestern Mutual Wealth Management
54
Northwestern Mutual Wealth Management
Wisconsin
$113K -$5.36K -1,021 -5%
PNC Financial Services Group
55
PNC Financial Services Group
Pennsylvania
$106K
Creative Planning
56
Creative Planning
Kansas
$98K -$35K -6,678 -26%
APA
57
American Portfolios Advisors
New York
$92.6K
Citigroup
58
Citigroup
New York
$92K +$37.3K +7,104 +68%
NMC
59
Nine Masts Capital
Hong Kong
$86K -$458K -87,400 -84%
PHS
60
Pekin Hardy Strauss
Illinois
$84K +$7.47K +1,425 +10%
PAG
61
Pinnacle Advisory Group
Maryland
$80K
AF
62
Allworth Financial
California
$79K
CWS
63
Cypress Wealth Services
California
$79K
TSS
64
Two Sigma Securities
New York
$79K +$78.3K +14,929 New
KIA
65
KCM Investment Advisors
California
$75K -$2.1K -400 -3%
Bank of New York Mellon
66
Bank of New York Mellon
New York
$72K +$72.1K +13,740 New
HK
67
Horizon Kinetics
New York
$69K -$94.5K -18,013 -58%
WC
68
Whitney & Co
New York
$61K -$26.6K -5,075 -29%
UCFA
69
United Capital Financial Advisors
Texas
$61K
SMC
70
Smith, Moore & Co
Missouri
$58K +$57.7K +11,000 New
GHAM
71
Gilman Hill Asset Management
Connecticut
$57K
William Blair & Company
72
William Blair & Company
Illinois
$53K
BWL
73
Bogart Wealth LLC
Virginia
$39K
OIA
74
Optimum Investment Advisors
Illinois
$32K
RWA
75
River Wealth Advisors
Pennsylvania
$28K +$409 +78 +1%

PPT Hedge Fund Activity: Q3 2018 in Review

98 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q3 2018, worth a combined $99M — down 1.8% from $101M a quarter earlier.

Fund positioning in PPT was balanced in Q3 2018: 11 funds opened new positions, 11 closed out, 30 added to existing stakes and 24 trimmed.

The largest buyer was Shufro Rose & Co, opening a new position worth an estimated $906K. The largest seller was Sit Investment Associates, cutting an estimated $3.1M.

  • 98 institutional investors held Franklin Premier Income Trust (PPT) as of Q3 2018, down from 99 in Q2 2018.
  • Funds reported $99M of Franklin Premier Income Trust stock for Q3 2018, down 1.8% quarter-over-quarter.
  • 11 funds opened new Franklin Premier Income Trust positions in Q3 2018 and 11 closed out, a net change of 0 holders.
  • The largest Franklin Premier Income Trust buyer in Q3 2018 was Shufro Rose & Co, an estimated $906K added.
  • The largest Franklin Premier Income Trust seller in Q3 2018 was Sit Investment Associates, an estimated $3.1M sold.

Based on aggregated 13F filings for Q3 2018.