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PPT

Franklin Premier Income Trust
PPT

95 hedge funds and large institutions have $91M invested in Franklin Premier Income Trust in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 18 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: 1 → 1 (0)

4% less capital invested

Capital invested by funds: $94.9M → $91M (-$3.9M)

1.81% less ownership

Funds ownership: 18.93% → 17.12% (-1.8%)

10% less funds holding

Funds holding: 105 → 95 (-10)

56% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 18

Holders
95
Holders Change
-10
Holders Change %
-9.52%
% of All Funds
2.06%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
8
Increased
30
Reduced
24
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Stifel Financial
Stifel Financial
Missouri
+$2.13M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$1.16M
3
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
+$619K
4
Invesco
Invesco
Georgia
+$426K
5
Morgan Stanley
Morgan Stanley
New York
+$414K

Top Sellers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
-$7.93M
2
AWM
Arbor Wealth Management
Florida
-$3.5M
3
1CP
1607 Capital Partners
Virginia
-$2.37M
4
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$801K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$762K
Name Holding Trade Value Shares
Change 		Change in
Stake
FHB
76
First Hawaiian Bank
Hawaii
$15K – – –
GWM
77
Geneos Wealth Management
Colorado
$12K -$4.99K -1,000 -29%
DAM
78
Delta Asset Management
Tennessee
$11K – – –
FBT
79
First Bank & Trust
South Dakota
$10K +$9.94K +1,992 New
CCM
80
Covington Capital Management
California
$8K – – –
HCM
81
Highlander Capital Management
New Jersey
$6K – – –
AIM
82
Anchor Investment Management
South Carolina
$5.15K – – –
ESB
83
Essex Savings Bank
Connecticut
$5K – – –
NFG
84
Next Financial Group
Texas
$5K – – –
THWM
85
Taylor Hoffman Wealth Management
Virginia
$5K – – –
NFH
86
NEXT Financial Holdings
Texas
$5K +$4.99K +1,000 New
DSC
87
Duncker Streett & Co
Missouri
$4K – – –
MFW
88
Mosaic Family Wealth
Missouri
$4K – – –
SF
89
Synovus Financial
Georgia
$4K – – –
FIA
90
FNY Investment Advisers
New York
$4K +$4.25K +852 New
AWM
91
Avior Wealth Management
Nebraska
$3K – – –
CFA
92
Carroll Financial Associates
North Carolina
$3K – – –
ADL
93
Asset Dedication LLC
California
$2K – – –
CFGS
94
Concourse Financial Group Securities
Alabama
$2K +$2.5K +500 New
WT
95
Whittier Trust
California
$1K – – –
AWM
96
Arbor Wealth Management
Florida
– -$3.5M -745,467 Closed
1CP
97
1607 Capital Partners
Virginia
– -$2.37M -506,100 Closed
Susquehanna International Group
98
Susquehanna International Group
Pennsylvania
– -$762K -162,399 Closed
LCM
99
Landscape Capital Management
New Jersey
– -$481K -102,606 Closed
WAM
100
Weiss Asset Management
Massachusetts
– -$393K -83,829 Closed
1 2 3
4
5

PPT Hedge Fund Activity: Q1 2019 in Review

95 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q1 2019, worth a combined $91M — down 4.1% from $94.9M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of PPT and 8 opened new positions — a net loss of 10 holders — while 24 trimmed existing stakes and 30 added.

The largest buyer was Stifel Financial, adding an estimated $2.13M. The largest seller was Sit Investment Associates, cutting an estimated $7.93M.

  • 95 institutional investors held Franklin Premier Income Trust (PPT) as of Q1 2019, down from 105 in Q4 2018.
  • Funds reported $91M of Franklin Premier Income Trust stock for Q1 2019, down 4.1% quarter-over-quarter.
  • 8 funds opened new Franklin Premier Income Trust positions in Q1 2019 and 18 closed out, a net change of -10 holders.
  • The largest Franklin Premier Income Trust buyer in Q1 2019 was Stifel Financial, an estimated $2.13M added.
  • The largest Franklin Premier Income Trust seller in Q1 2019 was Sit Investment Associates, an estimated $7.93M sold.

Based on aggregated 13F filings for Q1 2019.