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PPT

Franklin Premier Income Trust
PPT

91 hedge funds and large institutions have $168M invested in Franklin Premier Income Trust in 2015 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 7

14% more funds holding

Funds holding: 80 → 91 (+11)

9% more capital invested

Capital invested by funds: $154M → $168M (+$14M)

2.02% more ownership

Funds ownership: 25.86% → 27.88% (+2%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

20% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 25

Holders
91
Holders Change
+11
Holders Change %
+13.75%
% of All Funds
2.39%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
18
Increased
20
Reduced
25
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
EVM
Eaton Vance Management
Massachusetts
+$10.1M
2
SCM
Saba Capital Management
New York
+$3M
3
SIA
Sit Investment Associates
Minnesota
+$1.08M
4
PAIM
Punch & Associates Investment Management
Minnesota
+$1M
5
LCM
Landscape Capital Management
New Jersey
+$955K

Top Sellers

Rank Fund Capital Flow
1
RVPG
Relative Value Partners Group
-$3.21M
2
Morgan Stanley
Morgan Stanley
New York
-$1.27M
3
IT
Independence Trust
Tennessee
-$764K
4
TJHA
Thomas J. Herzfeld Advisors
Florida
-$635K
5
RC
Roundview Capital
New Jersey
-$432K
Name Holding Trade Value Shares
Change 		Change in
Stake
KKAMG
76
Kernodle & Katon Asset Management Group
Arkansas
$15K +$14.9K +3,000 New
HCM
77
Highlander Capital Management
New Jersey
$13K – – –
Citigroup
78
Citigroup
New York
$12K +$8.79K +1,769 +225%
WAM
79
Wealthspire Advisors (Maryland)
Maryland
$12K +$11.5K +2,324 New
DAM
80
Delta Asset Management
Tennessee
$10K – – –
AIA
81
Allegis Investment Advisors
Idaho
$9K +$9.51K +1,915 New
PCM
82
Penserra Capital Management
California
$8K +$7.9K +1,591 New
Bessemer Group
83
Bessemer Group
New Jersey
$6K – – –
DSC
84
Duncker Streett & Co
Missouri
$6K – – –
CG
85
Colony Group
Massachusetts
$5K – – –
AAM
86
Advisors Asset Management
Colorado
$4K – – –
MFW
87
Mosaic Family Wealth
Missouri
$3K +$3.97K +799 New
CGT
88
Capital Guardian Trust
California
$2K – – –
SEI Investments
89
SEI Investments
Pennsylvania
$2K – – –
AIG
90
American International Group
New York
$1K – – –
ADL
91
Asset Dedication LLC
California
$1K +$1.4K +281 New
RC
92
Roundview Capital
New Jersey
– -$432K -88,425 Closed
PAM
93
Peak Asset Management
Colorado
– -$202K -41,300 Closed
UCFA
94
United Capital Financial Advisors
Texas
– -$117K -23,830 Closed
NFG
95
Next Financial Group
Texas
– -$13K -2,825 Closed
WCM
96
Windsor Capital Management
Arizona
– -$2K -600 Closed
HCMT
97
Highland Capital Management (Tennessee)
Tennessee
– -$3K -521 Closed
First Manhattan
98
First Manhattan
New York
– -$2K -500 Closed
1 2 3
4

PPT Hedge Fund Activity: Q4 2015 in Review

91 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q4 2015, worth a combined $168M — up 9.1% from $154M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new PPT positions and 7 closed out — a net gain of 11 holders — while 20 added to existing stakes and 25 trimmed.

The largest buyer was Eaton Vance Management, adding an estimated $10.1M. The largest seller was Relative Value Partners Group, cutting an estimated $3.21M.

  • 91 institutional investors held Franklin Premier Income Trust (PPT) as of Q4 2015, up from 80 in Q3 2015.
  • Funds reported $168M of Franklin Premier Income Trust stock for Q4 2015, up 9.1% quarter-over-quarter.
  • 18 funds opened new Franklin Premier Income Trust positions in Q4 2015 and 7 closed out, a net change of +11 holders.
  • The largest Franklin Premier Income Trust buyer in Q4 2015 was Eaton Vance Management, an estimated $10.1M added.
  • The largest Franklin Premier Income Trust seller in Q4 2015 was Relative Value Partners Group, an estimated $3.21M sold.

Based on aggregated 13F filings for Q4 2015.