Franklin Premier Income Trust
PPT
98 hedge funds and large institutions have $99M invested in Franklin Premier Income Trust in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 11 closing their positions.
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: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
0.26% less ownership
Funds ownership: 17.87% → 17.61% (-0.26%)
2% less capital invested
Capital invested by funds: $101M → $99M (-$1.81M)
1% less funds holding
Funds holding: 99 → 98 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRC
Shufro Rose & Co
New York
|
+$906K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$580K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$575K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$478K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$413K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.1M |
| 2 |
Goldman Sachs
New York
|
-$488K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$471K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$458K |
| 5 |
Morgan Stanley
New York
|
-$445K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CB
101
Commerce Bank
Kansas City,
Missouri
| – | -$107K | -20,463 | Closed |
|
|
CAM
102
Columbia Asset Management
Ann Arbor,
Michigan
| – | -$105K | -20,000 | Closed |
|
|
LCM
103
Landscape Capital Management
Englewood,
New Jersey
| – | -$104K | -19,880 | Closed |
|
104
Millennium Management
New York
| – | -$100K | -19,183 | Closed |
|
|
LWAC
105
Laurel Wealth Advisors (California)
Solana Beach,
California
| – | -$60K | -11,514 | Closed |
|
|
LCM
106
Laurion Capital Management
New York
| – | -$59K | -11,200 | Closed |
|
|
ST
107
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$4K | -700 | Closed |
|
108
SEI Investments
Oaks,
Pennsylvania
| – | -$2K | -319 | Closed |
|
PPT Hedge Fund Activity: Q3 2018 in Review
98 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q3 2018, worth a combined $99M — down 1.8% from $101M a quarter earlier.
Fund positioning in PPT was balanced in Q3 2018: 11 funds opened new positions, 11 closed out, 30 added to existing stakes and 24 trimmed.
The largest buyer was Shufro Rose & Co, opening a new position worth an estimated $906K. The largest seller was Sit Investment Associates, cutting an estimated $3.1M.
- 98 institutional investors held Franklin Premier Income Trust (PPT) as of Q3 2018, down from 99 in Q2 2018.
- Funds reported $99M of Franklin Premier Income Trust stock for Q3 2018, down 1.8% quarter-over-quarter.
- 11 funds opened new Franklin Premier Income Trust positions in Q3 2018 and 11 closed out, a net change of 0 holders.
- The largest Franklin Premier Income Trust buyer in Q3 2018 was Shufro Rose & Co, an estimated $906K added.
- The largest Franklin Premier Income Trust seller in Q3 2018 was Sit Investment Associates, an estimated $3.1M sold.
Based on aggregated 13F filings for Q3 2018.