Franklin Premier Income Trust
PPT
99 hedge funds and large institutions have $101M invested in Franklin Premier Income Trust in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 28 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
7% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 28
1% more capital invested
Capital invested by funds: $99.6M → $101M (+$1.21M)
0.22% more ownership
Funds ownership: 17.65% → 17.87% (+0.22%)
6% less funds holding
Funds holding: 105 → 99 (-6)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.17M |
| 2 |
Morgan Stanley
New York
|
+$858K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$777K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$555K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$492K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.84M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$261K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$249K |
| 4 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$214K |
| 5 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$178K |
PPT Hedge Fund Activity: Q2 2018 in Review
99 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q2 2018, worth a combined $101M — up 1.2% from $99.6M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PPT and 9 opened new positions — a net loss of 5 holders — while 28 trimmed existing stakes and 30 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $1.17M. The largest seller was Sit Investment Associates, cutting an estimated $3.84M.
- 99 institutional investors held Franklin Premier Income Trust (PPT) as of Q2 2018, down from 105 in Q1 2018.
- Funds reported $101M of Franklin Premier Income Trust stock for Q2 2018, up 1.2% quarter-over-quarter.
- 9 funds opened new Franklin Premier Income Trust positions in Q2 2018 and 14 closed out, a net change of -5 holders.
- The largest Franklin Premier Income Trust buyer in Q2 2018 was Commonwealth Equity Services, an estimated $1.17M added.
- The largest Franklin Premier Income Trust seller in Q2 2018 was Sit Investment Associates, an estimated $3.84M sold.
Based on aggregated 13F filings for Q2 2018.