Franklin Premier Income Trust
PPT
84 hedge funds and large institutions have $117M invested in Franklin Premier Income Trust in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 15 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.2% less ownership
Funds ownership: 34.67% → 34.47% (-0.2%)
8% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 25
8% less funds holding
Funds holding: 91 → 84 (-7)
8% less capital invested
Capital invested by funds: $127M → $117M (-$9.76M)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.32M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$951K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$255K |
| 4 |
HF
HRT Financial
New York
|
+$194K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.08M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.26M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$719K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$686K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$550K |
PPT Hedge Fund Activity: Q1 2024 in Review
84 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q1 2024, worth a combined $117M — down 7.7% from $127M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PPT and 9 opened new positions — a net loss of 6 holders — while 25 trimmed existing stakes and 23 added.
The largest buyer was Sit Investment Associates, adding an estimated $2.32M. The largest seller was Morgan Stanley, cutting an estimated $6.08M.
- 84 institutional investors held Franklin Premier Income Trust (PPT) as of Q1 2024, down from 91 in Q4 2023.
- Funds reported $117M of Franklin Premier Income Trust stock for Q1 2024, down 7.7% quarter-over-quarter.
- 9 funds opened new Franklin Premier Income Trust positions in Q1 2024 and 15 closed out, a net change of -6 holders.
- The largest Franklin Premier Income Trust buyer in Q1 2024 was Sit Investment Associates, an estimated $2.32M added.
- The largest Franklin Premier Income Trust seller in Q1 2024 was Morgan Stanley, an estimated $6.08M sold.
Based on aggregated 13F filings for Q1 2024.