Franklin Premier Income Trust
PPT
105 hedge funds and large institutions have $94.9M invested in Franklin Premier Income Trust in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 15 increasing their positions, 39 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
7% more funds holding
Funds holding: 98 → 105 (+7)
1.32% more ownership
Funds ownership: 17.61% → 18.93% (+1.3%)
4% less capital invested
Capital invested by funds: $99M → $94.9M (-$4.08M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
62% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$12M |
| 2 |
AWM
Arbor Wealth Management
Miramar Beach,
Florida
|
+$3.69M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$803K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$4.67M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.61M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.29M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.23M |
| 5 |
Morgan Stanley
New York
|
-$930K |
PPT Hedge Fund Activity: Q4 2018 in Review
105 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q4 2018, worth a combined $94.9M — down 4.1% from $99M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PPT positions and 14 closed out — a net gain of 7 holders — while 15 added to existing stakes and 39 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $12M. The largest seller was Arlington Capital Management, exiting entirely with an estimated $4.67M sold.
- 105 institutional investors held Franklin Premier Income Trust (PPT) as of Q4 2018, up from 98 in Q3 2018.
- Funds reported $94.9M of Franklin Premier Income Trust stock for Q4 2018, down 4.1% quarter-over-quarter.
- 21 funds opened new Franklin Premier Income Trust positions in Q4 2018 and 14 closed out, a net change of +7 holders.
- The largest Franklin Premier Income Trust buyer in Q4 2018 was Sit Investment Associates, an estimated $12M added.
- The largest Franklin Premier Income Trust seller in Q4 2018 was Arlington Capital Management, an estimated $4.67M sold.
Based on aggregated 13F filings for Q4 2018.