Franklin Premier Income Trust
PPT
102 hedge funds and large institutions have $78.3M invested in Franklin Premier Income Trust in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 31 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
7% more funds holding
Funds holding: 95 → 102 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.33% less ownership
Funds ownership: 17.12% → 14.79% (-2.3%)
14% less capital invested
Capital invested by funds: $91M → $78.3M (-$12.7M)
29% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$880K |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$412K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$353K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$272K |
| 5 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.13M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.94M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$769K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$609K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$355K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OWD
101
Osborn Williams & Donohoe
Cincinnati,
Ohio
| – | -$267K | -51,200 | Closed |
|
|
OIA
102
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$241K | -46,000 | Closed |
|
|
LWAC
103
Laurel Wealth Advisors (California)
Solana Beach,
California
| – | -$62K | -12,007 | Closed |
|
|
KIA
104
KCM Investment Advisors
Greenbrae,
California
| – | -$57K | -10,990 | Closed |
|
105
Mercer Global Advisors
Denver,
Colorado
| – | -$54K | -10,470 | Closed |
|
|
SAM
106
Strategy Asset Managers
Pasadena,
California
| – | -$49K | -9,500 | Closed |
|
|
FHB
107
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$15K | -2,951 | Closed |
|
|
SF
108
Synovus Financial
Columbus,
Georgia
| – | -$4K | -800 | Closed |
|
|
MFW
109
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$4K | -799 | Closed |
|
|
TF
110
Tompkins Financial
Ithaca,
New York
| – | +$15 | +3 | New |
|
|
ONST
111
Old North State Trust
Greensboro,
North Carolina
| – | +$31 | +6 | New |
|
PPT Hedge Fund Activity: Q2 2019 in Review
102 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q2 2019, worth a combined $78.3M — down 14% from $91M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PPT positions and 9 closed out — a net gain of 8 holders — while 22 added to existing stakes and 31 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $880K. The largest seller was Morgan Stanley, cutting an estimated $9.13M.
- 102 institutional investors held Franklin Premier Income Trust (PPT) as of Q2 2019, up from 95 in Q1 2019.
- Funds reported $78.3M of Franklin Premier Income Trust stock for Q2 2019, down 14% quarter-over-quarter.
- 17 funds opened new Franklin Premier Income Trust positions in Q2 2019 and 9 closed out, a net change of +8 holders.
- The largest Franklin Premier Income Trust buyer in Q2 2019 was Raymond James & Associates, an estimated $880K added.
- The largest Franklin Premier Income Trust seller in Q2 2019 was Morgan Stanley, an estimated $9.13M sold.
Based on aggregated 13F filings for Q2 2019.