Franklin Premier Income Trust
PPT
100 hedge funds and large institutions have $121M invested in Franklin Premier Income Trust in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 35 increasing their positions, 21 reducing their positions, and 8 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 21
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.31% less ownership
Funds ownership: 26.23% → 25.91% (-0.31%)
3% less capital invested
Capital invested by funds: $125M → $121M (-$3.86M)
5% less funds holding
Funds holding: 105 → 100 (-5)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$509K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$233K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$121K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$119K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
-$587K |
| 2 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
-$538K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$449K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$428K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$371K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Bank of New York Mellon
New York
| – | -$65K | -13,941 | Closed |
|
|
HR
102
Hayden Royal
Charlotte,
North Carolina
| – | -$53K | -11,400 | Closed |
|
|
PWP
103
Personal Wealth Partners
Bloomington,
Minnesota
| – | -$10K | -2,050 | Closed |
|
|
ASN
104
Advisory Services Network
Atlanta,
Georgia
| – | -$4K | -822 | Closed |
|
|
PSIWM
105
Paradigm Strategies in Wealth Management
Maple Grove,
Minnesota
| – | -$3K | -666 | Closed |
|
|
MWC
106
MBM Wealth Consultants
Chesterfield,
Missouri
| – | -$2K | -346 | Closed |
|
|
TRCT
107
Tower Research Capital (TRC)
New York
| – | +$101 | +22 | New |
|
PPT Hedge Fund Activity: Q3 2021 in Review
100 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q3 2021, worth a combined $121M — down 3.1% from $125M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PPT and 5 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 35 added.
The largest buyer was Morgan Stanley, adding an estimated $509K. The largest seller was Access Financial Services, exiting entirely with an estimated $587K sold.
- 100 institutional investors held Franklin Premier Income Trust (PPT) as of Q3 2021, down from 105 in Q2 2021.
- Funds reported $121M of Franklin Premier Income Trust stock for Q3 2021, down 3.1% quarter-over-quarter.
- 5 funds opened new Franklin Premier Income Trust positions in Q3 2021 and 8 closed out, a net change of -3 holders.
- The largest Franklin Premier Income Trust buyer in Q3 2021 was Morgan Stanley, an estimated $509K added.
- The largest Franklin Premier Income Trust seller in Q3 2021 was Access Financial Services, an estimated $587K sold.
Based on aggregated 13F filings for Q3 2021.