Franklin Premier Income Trust
PPT
91 hedge funds and large institutions have $90.6M invested in Franklin Premier Income Trust in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 31 reducing their positions, and 18 closing their positions.
18% more capital invested
Capital invested by funds: $76.5M → $90.6M (+$14M)
2.05% more ownership
Funds ownership: 16.46% → 18.51% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 99 → 91 (-8)
44% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 18
55% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$17.6M |
| 2 |
OFG
OTA Financial Group
Purchase,
New York
|
+$730K |
| 3 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$523K |
| 4 |
DJSG
D.J. St. Germain
Springfield,
Massachusetts
|
+$235K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.61M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.26M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.13M |
| 4 |
CWP
Capital Wealth Planning
Naples,
Florida
|
-$481K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$390K |
PPT Hedge Fund Activity: Q2 2020 in Review
91 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q2 2020, worth a combined $90.6M — up 18% from $76.5M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PPT and 10 opened new positions — a net loss of 8 holders — while 31 trimmed existing stakes and 14 added.
The largest buyer was Sit Investment Associates, adding an estimated $17.6M. The largest seller was Raymond James & Associates, cutting an estimated $2.61M.
- 91 institutional investors held Franklin Premier Income Trust (PPT) as of Q2 2020, down from 99 in Q1 2020.
- Funds reported $90.6M of Franklin Premier Income Trust stock for Q2 2020, up 18% quarter-over-quarter.
- 10 funds opened new Franklin Premier Income Trust positions in Q2 2020 and 18 closed out, a net change of -8 holders.
- The largest Franklin Premier Income Trust buyer in Q2 2020 was Sit Investment Associates, an estimated $17.6M added.
- The largest Franklin Premier Income Trust seller in Q2 2020 was Raymond James & Associates, an estimated $2.61M sold.
Based on aggregated 13F filings for Q2 2020.