Franklin Premier Income Trust
PPT
84 hedge funds and large institutions have $113M invested in Franklin Premier Income Trust in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 29 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.04% less ownership
Funds ownership: 31.56% → 31.52% (-0.04%)
0% less capital invested
Capital invested by funds: $114M → $113M (-$255K)
5% less funds holding
Funds holding: 88 → 84 (-4)
31% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 29
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$4.02M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.25M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$197K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$153K |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$68.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$1.83M |
| 2 |
Morgan Stanley
New York
|
-$849K |
| 3 |
HWM
Howard Wealth Management
Madison,
Connecticut
|
-$613K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$356K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$351K |
PPT Hedge Fund Activity: Q2 2023 in Review
84 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q2 2023, worth a combined $113M — down 0.22% from $114M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PPT and 5 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 20 added.
The largest buyer was Allspring Global Investments, adding an estimated $4.02M. The largest seller was Vivaldi Capital Management, exiting entirely with an estimated $1.83M sold.
- 84 institutional investors held Franklin Premier Income Trust (PPT) as of Q2 2023, down from 88 in Q1 2023.
- Funds reported $113M of Franklin Premier Income Trust stock for Q2 2023, down 0.22% quarter-over-quarter.
- 5 funds opened new Franklin Premier Income Trust positions in Q2 2023 and 9 closed out, a net change of -4 holders.
- The largest Franklin Premier Income Trust buyer in Q2 2023 was Allspring Global Investments, an estimated $4.02M added.
- The largest Franklin Premier Income Trust seller in Q2 2023 was Vivaldi Capital Management, an estimated $1.83M sold.
Based on aggregated 13F filings for Q2 2023.