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PPT

Franklin Premier Income Trust
PPT

88 hedge funds and large institutions have $81.7M invested in Franklin Premier Income Trust in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 29 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

163% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 8

93% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 15

13% more funds holding

Funds holding: 78 → 88 (+10)

0.53% less ownership

Funds ownership: 13.05% → 12.52% (-0.53%)

5% less capital invested

Capital invested by funds: $86M → $81.7M (-$4.32M)

Holders
88
Holders Change
+10
Holders Change %
+12.82%
% of All Funds
2.19%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
21
Increased
29
Reduced
15
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LCM
Laurion Capital Management
New York
+$1.57M
2
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
+$1.08M
3
Bank of America
Bank of America
North Carolina
+$670K
4
Wells Fargo
Wells Fargo
California
+$640K
5
VF
Virtu Financial
New York
+$562K

Top Sellers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
-$7.55M
2
SRC
Shufro Rose & Co
New York
-$807K
3
Morgan Stanley
Morgan Stanley
New York
-$798K
4
PPA
Parametric Portfolio Associates
Washington
-$532K
5
OIA
OneDigital Investment Advisors
Kansas
-$250K
Name Holding Trade Value Shares
Change 		Change in
Stake
Fifth Third Bancorp
76
Fifth Third Bancorp
Ohio
$11K – – –
SFSIG
77
San Francisco Sentry Investment Group
California
$8K – – –
Northwestern Mutual Wealth Management
78
Northwestern Mutual Wealth Management
Wisconsin
$8K +$781 +145 +11%
DSC
79
Duncker Streett & Co
Missouri
$6K – – –
HCM
80
Highlander Capital Management
New Jersey
$6K – – –
ASN
81
Advisory Services Network
Georgia
$6K +$5.96K +1,106 New
JCM
82
Jacobi Capital Management
Pennsylvania
$6K +$6.23K +1,156 New
AIM
83
Anchor Investment Management
South Carolina
$5.32K – – –
NFG
84
Next Financial Group
Texas
$5K – – –
MFW
85
Mosaic Family Wealth
Missouri
$4K – – –
ST
86
Smithfield Trust
Pennsylvania
$4K +$3.77K +700 New
CFA
87
Carroll Financial Associates
North Carolina
$4K +$4.04K +750 New
SEI Investments
88
SEI Investments
Pennsylvania
$2K +$22 +4 +1%
ADL
89
Asset Dedication LLC
California
$2K +$27 +5 +2%
WT
90
Whittier Trust
California
$1K – – –
OIA
91
OneDigital Investment Advisors
Kansas
– -$250K -46,000 Closed
SMC
92
Smith, Moore & Co
Missouri
– -$153K -28,223 Closed
CAM
93
Columbia Asset Management
Michigan
– -$108K -20,000 Closed
Creative Planning
94
Creative Planning
Kansas
– -$44K -8,039 Closed
DADC
95
D.A. Davidson & Co
Montana
– -$27K -5,000 Closed
PCM
96
Penserra Capital Management
California
– -$16K -3,003 Closed
CHC
97
City Holding Co
West Virginia
– -$5K -875 Closed
1 2 3
4

PPT Hedge Fund Activity: Q3 2017 in Review

88 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q3 2017, worth a combined $81.7M — down 5% from $86M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new PPT positions and 8 closed out — a net gain of 13 holders — while 29 added to existing stakes and 15 trimmed.

The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.57M. The largest seller was Sit Investment Associates, cutting an estimated $7.55M.

  • 88 institutional investors held Franklin Premier Income Trust (PPT) as of Q3 2017, up from 78 in Q2 2017.
  • Funds reported $81.7M of Franklin Premier Income Trust stock for Q3 2017, down 5% quarter-over-quarter.
  • 21 funds opened new Franklin Premier Income Trust positions in Q3 2017 and 8 closed out, a net change of +13 holders.
  • The largest Franklin Premier Income Trust buyer in Q3 2017 was Laurion Capital Management, an estimated $1.57M added.
  • The largest Franklin Premier Income Trust seller in Q3 2017 was Sit Investment Associates, an estimated $7.55M sold.

Based on aggregated 13F filings for Q3 2017.