Franklin Premier Income Trust
PPT
91 hedge funds and large institutions have $168M invested in Franklin Premier Income Trust in 2015 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
14% more funds holding
Funds holding: 80 → 91 (+11)
9% more capital invested
Capital invested by funds: $154M → $168M (+$14M)
2.02% more ownership
Funds ownership: 25.86% → 27.88% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$10.1M |
| 2 |
SCM
Saba Capital Management
New York
|
+$3M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.08M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$955K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$3.21M |
| 2 |
Morgan Stanley
New York
|
-$1.27M |
| 3 |
IT
Independence Trust
Franklin,
Tennessee
|
-$764K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$635K |
| 5 |
RC
Roundview Capital
Princeton,
New Jersey
|
-$432K |
PPT Hedge Fund Activity: Q4 2015 in Review
91 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q4 2015, worth a combined $168M — up 9.1% from $154M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PPT positions and 7 closed out — a net gain of 11 holders — while 20 added to existing stakes and 25 trimmed.
The largest buyer was Eaton Vance Management, adding an estimated $10.1M. The largest seller was Relative Value Partners Group, cutting an estimated $3.21M.
- 91 institutional investors held Franklin Premier Income Trust (PPT) as of Q4 2015, up from 80 in Q3 2015.
- Funds reported $168M of Franklin Premier Income Trust stock for Q4 2015, up 9.1% quarter-over-quarter.
- 18 funds opened new Franklin Premier Income Trust positions in Q4 2015 and 7 closed out, a net change of +11 holders.
- The largest Franklin Premier Income Trust buyer in Q4 2015 was Eaton Vance Management, an estimated $10.1M added.
- The largest Franklin Premier Income Trust seller in Q4 2015 was Relative Value Partners Group, an estimated $3.21M sold.
Based on aggregated 13F filings for Q4 2015.