Franklin Premier Income Trust
PPT
105 hedge funds and large institutions have $99.6M invested in Franklin Premier Income Trust in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 16 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
10% more capital invested
Capital invested by funds: $90.4M → $99.6M (+$9.13M)
3.66% more ownership
Funds ownership: 13.99% → 17.65% (+3.7%)
1% less funds holding
Funds holding: 106 → 105 (-1)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$4.25M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.22M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.29M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.26M |
| 5 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.4M |
| 2 |
SRC
Shufro Rose & Co
New York
|
-$832K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$674K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$572K |
| 5 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$496K |
PPT Hedge Fund Activity: Q1 2018 in Review
105 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q1 2018, worth a combined $99.6M — up 10% from $90.4M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PPT and 15 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 30 added.
The largest buyer was Arlington Capital Management, adding an estimated $4.25M. The largest seller was Wells Fargo, cutting an estimated $2.4M.
- 105 institutional investors held Franklin Premier Income Trust (PPT) as of Q1 2018, down from 106 in Q4 2017.
- Funds reported $99.6M of Franklin Premier Income Trust stock for Q1 2018, up 10% quarter-over-quarter.
- 15 funds opened new Franklin Premier Income Trust positions in Q1 2018 and 16 closed out, a net change of -1 holder.
- The largest Franklin Premier Income Trust buyer in Q1 2018 was Arlington Capital Management, an estimated $4.25M added.
- The largest Franklin Premier Income Trust seller in Q1 2018 was Wells Fargo, an estimated $2.4M sold.
Based on aggregated 13F filings for Q1 2018.