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PPT

Franklin Premier Income Trust
PPT

90 hedge funds and large institutions have $203M invested in Franklin Premier Income Trust in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.22% more ownership

Funds ownership: 29.55% → 31.77% (+2.2%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

0% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 28

0% less capital invested

Capital invested by funds: $204M → $203M (-$709K)

1% less funds holding

Funds holding: 91 → 90 (-1)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

Holders
90
Holders Change
-1
Holders Change %
-1.1%
% of All Funds
2.4%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
7
Increased
28
Reduced
28
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$4.09M
2
RCM
Rivernorth Capital Management
Florida
+$1.63M
3
TAM
Trust Asset Management
Texas
+$1.24M
4
EVM
Eaton Vance Management
Massachusetts
+$954K
5
UCFA
United Capital Financial Advisors
Texas
+$613K

Top Sellers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
-$7.15M
2
UBS Group
UBS Group
Switzerland
-$3.03M
3
SFS
Shaker Financial Services
Virginia
-$592K
4
MFS
MSI Financial Services
Massachusetts
-$336K
5
Morgan Stanley
Morgan Stanley
New York
-$324K
Name Holding Trade Value Shares
Change 		Change in
Stake
TCM
76
Tradewinds Capital Management
Washington
$17K – – –
CPIG
77
Chicago Partners Investment Group
Illinois
$15K +$58 +11 +0.4%
NFG
78
Next Financial Group
Texas
$14K -$9.79K -1,870 -40%
HCM
79
Highlander Capital Management
New Jersey
$14K – – –
BAM
80
Barrett Asset Management
New York
$11K – – –
DAM
81
Delta Asset Management
Tennessee
$11K – – –
Citigroup
82
Citigroup
New York
$7K -$5.45K -1,041 -45%
AAM
83
Advisors Asset Management
Colorado
$5K -$178 -34 -4%
CG
84
Colony Group
Massachusetts
$5K – – –
AllianceBernstein
85
AllianceBernstein
Tennessee
$4K – – –
DBT
86
Dubuque Bank & Trust
Iowa
$4K +$4.16K +795 New
First Manhattan
87
First Manhattan
New York
$2K – – –
SEI Investments
88
SEI Investments
Pennsylvania
$2K +$1.65K +315 New
AIG
89
American International Group
New York
$791 – – –
SFS
90
Shaker Financial Services
Virginia
– -$592K -112,765 Closed
DA
91
Doliver Advisors
Texas
– -$186K -35,465 Closed
GC
92
Guggenheim Capital
Illinois
– -$124K -23,618 Closed
Citadel Advisors
93
Citadel Advisors
Florida
– -$101K -19,271 Closed
TC
94
TFS Capital
Pennsylvania
– -$76K -14,397 Closed
RC
95
RegentAtlantic Capital
New Jersey
– -$47.9K -9,115 Closed
BRWA
96
B. Riley Wealth Advisors
Florida
– -$21 -4,047 Closed
NPC
97
National Planning Corporation
California
– -$17K -3,256 Closed
Barclays
98
Barclays
United Kingdom
– +$319 +61 New
1 2 3
4

PPT Hedge Fund Activity: Q1 2015 in Review

90 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q1 2015, worth a combined $203M — down 0.35% from $204M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of PPT and 7 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 28 added.

The largest buyer was Sit Investment Associates, adding an estimated $4.09M. The largest seller was Saba Capital Management, cutting an estimated $7.15M.

  • 90 institutional investors held Franklin Premier Income Trust (PPT) as of Q1 2015, down from 91 in Q4 2014.
  • Funds reported $203M of Franklin Premier Income Trust stock for Q1 2015, down 0.35% quarter-over-quarter.
  • 7 funds opened new Franklin Premier Income Trust positions in Q1 2015 and 8 closed out, a net change of -1 holder.
  • The largest Franklin Premier Income Trust buyer in Q1 2015 was Sit Investment Associates, an estimated $4.09M added.
  • The largest Franklin Premier Income Trust seller in Q1 2015 was Saba Capital Management, an estimated $7.15M sold.

Based on aggregated 13F filings for Q1 2015.