Franklin Premier Income Trust
PPT
112 hedge funds and large institutions have $114M invested in Franklin Premier Income Trust in 2020 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 17 increasing their positions, 33 reducing their positions, and 15 closing their positions.
127% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 15
19% more funds holding
Funds holding: 94 → 112 (+18)
19% more capital invested
Capital invested by funds: $96.1M → $114M (+$18.2M)
3.02% more ownership
Funds ownership: 20.91% → 23.93% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
48% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$8.8M |
| 2 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
+$1.15M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.12M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.05M |
| 5 |
Citigroup
New York
|
+$799K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
-$1.07M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$910K |
| 3 |
AWM
Arbor Wealth Management
Miramar Beach,
Florida
|
-$839K |
| 4 |
HWM
Howard Wealth Management
Madison,
Connecticut
|
-$465K |
| 5 |
ACA
Ascension Capital Advisors
Houston,
Texas
|
-$347K |
PPT Hedge Fund Activity: Q4 2020 in Review
112 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q4 2020, worth a combined $114M — up 19% from $96.1M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PPT positions and 15 closed out — a net gain of 19 holders — while 17 added to existing stakes and 33 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $8.8M. The largest seller was Apollon Wealth Management, exiting entirely with an estimated $1.07M sold.
- 112 institutional investors held Franklin Premier Income Trust (PPT) as of Q4 2020, up from 94 in Q3 2020.
- Funds reported $114M of Franklin Premier Income Trust stock for Q4 2020, up 19% quarter-over-quarter.
- 34 funds opened new Franklin Premier Income Trust positions in Q4 2020 and 15 closed out, a net change of +19 holders.
- The largest Franklin Premier Income Trust buyer in Q4 2020 was Sit Investment Associates, an estimated $8.8M added.
- The largest Franklin Premier Income Trust seller in Q4 2020 was Apollon Wealth Management, an estimated $1.07M sold.
Based on aggregated 13F filings for Q4 2020.