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PPT

Franklin Premier Income Trust
PPT

96 hedge funds and large institutions have $80.1M invested in Franklin Premier Income Trust in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 23

2% more capital invested

Capital invested by funds: $78.3M → $80.1M (+$1.75M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.04% less ownership

Funds ownership: 14.79% → 14.75% (-0.04%)

6% less funds holding

Funds holding: 102 → 96 (-6)

33% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 18

Holders
96
Holders Change
-6
Holders Change %
-5.88%
% of All Funds
2.1%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
12
Increased
26
Reduced
23
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AWM
Arbor Wealth Management
Florida
+$5.93M
2
Wells Fargo
Wells Fargo
California
+$631K
3
RJA
Raymond James & Associates
Florida
+$607K
4
OIA
OneDigital Investment Advisors
Kansas
+$242K
5
SMH
Sanders Morris Harris
Texas
+$213K

Top Sellers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
-$3.59M
2
Bank of America
Bank of America
North Carolina
-$1.13M
3
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
-$639K
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$573K
5
SCM
Sterneck Capital Management
Missouri
-$501K
Name Holding Trade Value Shares
Change 		Change in
Stake
TCM
76
Tradewinds Capital Management
Washington
$17K – – –
WAP
77
Wealthcare Advisory Partners
Pennsylvania
$17K +$121 +23 +0.7%
GWM
78
Geneos Wealth Management
Colorado
$12K -$568 -108 -4%
DAM
79
Delta Asset Management
Tennessee
$11K – – –
PWP
80
Personal Wealth Partners
Minnesota
$11K – – –
FBT
81
First Bank & Trust
South Dakota
$10K – – –
HCM
82
Highlander Capital Management
New Jersey
$6K – – –
AIM
83
Anchor Investment Management
South Carolina
$5.26K – – –
CCM
84
Covington Capital Management
California
$5K -$10.5K -2,000 -67%
NFG
85
Next Financial Group
Texas
$5K – – –
THWM
86
Taylor Hoffman Wealth Management
Virginia
$5K – – –
FIA
87
FNY Investment Advisers
New York
$5K +$316 +60 +6%
AWM
88
Avior Wealth Management
Nebraska
$3K – – –
CFA
89
Carroll Financial Associates
North Carolina
$3K – – –
RCAG
90
Rehmann Capital Advisory Group
Michigan
$2.41K +$2.41K +458 New
ADL
91
Asset Dedication LLC
California
$2K – – –
WT
92
Whittier Trust
California
$1K – – –
SB
93
Suntrust Banks
Georgia
– -$351K -68,502 Closed
Millennium Management
94
Millennium Management
New York
– -$160K -31,228 Closed
SFS
95
Shaker Financial Services
Virginia
– -$140K -27,242 Closed
TRCT
96
Tower Research Capital (TRC)
New York
– -$105K -20,393 Closed
PAG
97
Pinnacle Advisory Group
Maryland
– -$78K -15,175 Closed
HF
98
HRT Financial
New York
– -$75K -14,745 Closed
BTS
99
BB&T Securities
Virginia
– -$66K -12,885 Closed
KeyBank National Association
100
KeyBank National Association
Ohio
– -$63K -12,377 Closed
1 2 3
4
5

PPT Hedge Fund Activity: Q3 2019 in Review

96 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q3 2019, worth a combined $80.1M — up 2.2% from $78.3M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of PPT and 12 opened new positions — a net loss of 6 holders — while 23 trimmed existing stakes and 26 added.

The largest buyer was Arbor Wealth Management, opening a new position worth an estimated $5.93M. The largest seller was Sit Investment Associates, cutting an estimated $3.59M.

  • 96 institutional investors held Franklin Premier Income Trust (PPT) as of Q3 2019, down from 102 in Q2 2019.
  • Funds reported $80.1M of Franklin Premier Income Trust stock for Q3 2019, up 2.2% quarter-over-quarter.
  • 12 funds opened new Franklin Premier Income Trust positions in Q3 2019 and 18 closed out, a net change of -6 holders.
  • The largest Franklin Premier Income Trust buyer in Q3 2019 was Arbor Wealth Management, an estimated $5.93M added.
  • The largest Franklin Premier Income Trust seller in Q3 2019 was Sit Investment Associates, an estimated $3.59M sold.

Based on aggregated 13F filings for Q3 2019.