Franklin Premier Income Trust
PPT
106 hedge funds and large institutions have $90.4M invested in Franklin Premier Income Trust in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 29 increasing their positions, 21 reducing their positions, and 11 closing their positions.
164% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 11
156% more capital inflows, than outflows
Capital inflows: $15.3M | Capital outflows: $6M
38% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 21
20% more funds holding
Funds holding: 88 → 106 (+18)
1.47% more ownership
Funds ownership: 12.52% → 13.99% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$950K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$844K |
| 4 |
Shufro Rose & Co
New York
|
+$840K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$731K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Laurion Capital Management
New York
|
-$1.55M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.13M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$699K |
| 4 |
Virtu Financial
New York
|
-$555K |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$369K |
PPT Hedge Fund Activity: Q4 2017 in Review
106 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q4 2017, worth a combined $90.4M — up 11% from $81.7M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PPT positions and 11 closed out — a net gain of 18 holders — while 29 added to existing stakes and 21 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $6.5M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.55M sold.
- 106 institutional investors held Franklin Premier Income Trust (PPT) as of Q4 2017, up from 88 in Q3 2017.
- Funds reported $90.4M of Franklin Premier Income Trust stock for Q4 2017, up 11% quarter-over-quarter.
- 29 funds opened new Franklin Premier Income Trust positions in Q4 2017 and 11 closed out, a net change of +18 holders.
- The largest Franklin Premier Income Trust buyer in Q4 2017 was Sit Investment Associates, an estimated $6.5M added.
- The largest Franklin Premier Income Trust seller in Q4 2017 was Laurion Capital Management, an estimated $1.55M sold.
Based on aggregated 13F filings for Q4 2017.