Franklin Premier Income Trust
PPT
95 hedge funds and large institutions have $115M invested in Franklin Premier Income Trust in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 18 closing their positions.
0.92% more ownership
Funds ownership: 27.25% → 28.17% (+0.92%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $119M → $115M (-$4.1M)
8% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 25
5% less funds holding
Funds holding: 100 → 95 (-5)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.89M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.88M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.83M |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$1.34M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$823K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$9.52M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.02M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$301K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$287K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$286K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFPT
101
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| – | -$77K | -17,970 | Closed |
|
|
PAG
102
Private Advisor Group
Morristown,
New Jersey
| – | -$76K | -17,869 | Closed |
|
|
TSS
103
Two Sigma Securities
New York
| – | -$63K | -14,795 | Closed |
|
|
WS
104
Wedbush Securities
Los Angeles,
California
| – | -$53K | -12,331 | Closed |
|
|
WMS
105
Wealth Management Solutions
Exton,
Pennsylvania
| – | -$52K | -12,105 | Closed |
|
|
PHS
106
Pekin Hardy Strauss
Chicago,
Illinois
| – | -$47K | -10,950 | Closed |
|
107
Millennium Management
New York
| – | -$46K | -10,715 | Closed |
|
|
G
108
GenTrust
Miami,
Florida
| – | -$41K | -10,000 | Closed |
|
|
CA
109
CoreCap Advisors
Southfield,
Michigan
| – | -$39K | -9,125 | Closed |
|
|
RI
110
Rinkey Investments
San Diego,
California
| – | -$19K | -4,400 | Closed |
|
|
SFM
111
Signet Financial Management
Parsippany,
New Jersey
| – | -$13K | -3,153 | Closed |
|
|
DAM
112
Delta Asset Management
Memphis,
Tennessee
| – | -$9K | -2,050 | Closed |
|
PPT Hedge Fund Activity: Q1 2022 in Review
95 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q1 2022, worth a combined $115M — down 3.4% from $119M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PPT and 15 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 23 added.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $5.89M. The largest seller was Sit Investment Associates, cutting an estimated $9.52M.
- 95 institutional investors held Franklin Premier Income Trust (PPT) as of Q1 2022, down from 100 in Q4 2021.
- Funds reported $115M of Franklin Premier Income Trust stock for Q1 2022, down 3.4% quarter-over-quarter.
- 15 funds opened new Franklin Premier Income Trust positions in Q1 2022 and 18 closed out, a net change of -3 holders.
- The largest Franklin Premier Income Trust buyer in Q1 2022 was Karpus Investment Management, an estimated $5.89M added.
- The largest Franklin Premier Income Trust seller in Q1 2022 was Sit Investment Associates, an estimated $9.52M sold.
Based on aggregated 13F filings for Q1 2022.