Franklin Premier Income Trust
PPT
95 hedge funds and large institutions have $91M invested in Franklin Premier Income Trust in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 18 closing their positions.
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: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $94.9M → $91M (-$3.9M)
1.81% less ownership
Funds ownership: 18.93% → 17.12% (-1.8%)
10% less funds holding
Funds holding: 105 → 95 (-10)
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$2.13M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.16M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$619K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$426K |
| 5 |
Morgan Stanley
New York
|
+$414K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$7.93M |
| 2 |
AWM
Arbor Wealth Management
Miramar Beach,
Florida
|
-$3.5M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.37M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$801K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$762K |
PPT Hedge Fund Activity: Q1 2019 in Review
95 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q1 2019, worth a combined $91M — down 4.1% from $94.9M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PPT and 8 opened new positions — a net loss of 10 holders — while 24 trimmed existing stakes and 30 added.
The largest buyer was Stifel Financial, adding an estimated $2.13M. The largest seller was Sit Investment Associates, cutting an estimated $7.93M.
- 95 institutional investors held Franklin Premier Income Trust (PPT) as of Q1 2019, down from 105 in Q4 2018.
- Funds reported $91M of Franklin Premier Income Trust stock for Q1 2019, down 4.1% quarter-over-quarter.
- 8 funds opened new Franklin Premier Income Trust positions in Q1 2019 and 18 closed out, a net change of -10 holders.
- The largest Franklin Premier Income Trust buyer in Q1 2019 was Stifel Financial, an estimated $2.13M added.
- The largest Franklin Premier Income Trust seller in Q1 2019 was Sit Investment Associates, an estimated $7.93M sold.
Based on aggregated 13F filings for Q1 2019.