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PPT

Franklin Premier Income Trust

98 hedge funds and large institutions have $99M invested in Franklin Premier Income Trust in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 24

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 11

0.26% less ownership

Funds ownership: 17.87%17.61% (-0.26%)

2% less capital invested

Capital invested by funds: $101M → $99M (-$1.81M)

1% less funds holding

Funds holding: 9998 (-1)

Holders
98
Holders Change
-1
Holders Change %
-1.01%
% of All Funds
2.24%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
11
Increased
30
Reduced
24
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$21.7M -$3.1M -591,471 -13%
Morgan Stanley
2
Morgan Stanley
New York
$14.3M -$445K -84,906 -3%
Wells Fargo
3
Wells Fargo
California
$9.46M +$235K +44,720 +3%
Bank of America
4
Bank of America
North Carolina
$6.45M +$253K +48,323 +4%
Invesco
5
Invesco
Georgia
$5.35M -$221K -42,104 -4%
ACM
6
Arlington Capital Management
Illinois
$4.67M -$329K -62,693 -7%
UBS Group
7
UBS Group
Switzerland
$4.13M -$471K -89,768 -10%
RJA
8
Raymond James & Associates
Florida
$4.12M +$580K +110,650 +16%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$2.53M +$413K +78,681 +20%
Cohen & Steers
10
Cohen & Steers
New York
$2.36M
QCIG
11
Quad-Cities Investment Group
Iowa
$2.07M +$10.4K +1,986 +0.5%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$1.79M +$199K +37,913 +13%
SCM
13
Sterneck Capital Management
Missouri
$1.75M +$56.7K +10,800 +3%
MML Investors Services
14
MML Investors Services
Massachusetts
$1.57M +$575K +109,661 +58%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$1.52M +$142K +27,004 +10%
BTS
16
BB&T Securities
Virginia
$1.12M +$243K +46,248 +28%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$995K +$354K +67,429 +55%
CAN
18
Cetera Advisor Networks
California
$966K +$478K +91,167 +99%
SRC
19
Shufro Rose & Co
New York
$909K +$906K +172,800 New
AG
20
Advisor Group
Arizona
$481K +$75.3K +14,360 +19%
SMH
21
Sanders Morris Harris
Texas
$457K +$247K +47,100 +118%
BCWM
22
Bartlett & Co Wealth Management
Ohio
$450K -$11K -2,090 -2%
BC
23
Bartlett & Co
Ohio
$448K -$11K -2,090 -2%
PVWM
24
Point View Wealth Management
New Jersey
$412K -$3.61K -688 -0.9%
GC
25
Guggenheim Capital
Illinois
$397K -$213K -40,608 -35%

PPT Hedge Fund Activity: Q3 2018 in Review

98 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q3 2018, worth a combined $99M — down 1.8% from $101M a quarter earlier.

Fund positioning in PPT was balanced in Q3 2018: 11 funds opened new positions, 11 closed out, 30 added to existing stakes and 24 trimmed.

The largest buyer was Shufro Rose & Co, opening a new position worth an estimated $906K. The largest seller was Sit Investment Associates, cutting an estimated $3.1M.

  • 98 institutional investors held Franklin Premier Income Trust (PPT) as of Q3 2018, down from 99 in Q2 2018.
  • Funds reported $99M of Franklin Premier Income Trust stock for Q3 2018, down 1.8% quarter-over-quarter.
  • 11 funds opened new Franklin Premier Income Trust positions in Q3 2018 and 11 closed out, a net change of 0 holders.
  • The largest Franklin Premier Income Trust buyer in Q3 2018 was Shufro Rose & Co, an estimated $906K added.
  • The largest Franklin Premier Income Trust seller in Q3 2018 was Sit Investment Associates, an estimated $3.1M sold.

Based on aggregated 13F filings for Q3 2018.