Franklin Premier Income Trust
PPT
99 hedge funds and large institutions have $76.5M invested in Franklin Premier Income Trust in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 23 increasing their positions, 28 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
4% more funds holding
Funds holding: 95 → 99 (+4)
1.24% more ownership
Funds ownership: 15.23% → 16.46% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less capital invested
Capital invested by funds: $85.2M → $76.5M (-$8.65M)
18% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.27M |
| 2 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
+$1.02M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$893K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$671K |
| 5 |
HWM
Howard Wealth Management
Madison,
Connecticut
|
+$548K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$564K |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$557K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$389K |
| 4 |
IAMOG
Investors Asset Management of Georgia
Atlanta,
Georgia
|
-$334K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$242K |
PPT Hedge Fund Activity: Q1 2020 in Review
99 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q1 2020, worth a combined $76.5M — down 10% from $85.2M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PPT positions and 11 closed out — a net gain of 7 holders — while 23 added to existing stakes and 28 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.27M. The largest seller was MML Investors Services, cutting an estimated $564K.
- 99 institutional investors held Franklin Premier Income Trust (PPT) as of Q1 2020, up from 95 in Q4 2019.
- Funds reported $76.5M of Franklin Premier Income Trust stock for Q1 2020, down 10% quarter-over-quarter.
- 18 funds opened new Franklin Premier Income Trust positions in Q1 2020 and 11 closed out, a net change of +7 holders.
- The largest Franklin Premier Income Trust buyer in Q1 2020 was Morgan Stanley, an estimated $3.27M added.
- The largest Franklin Premier Income Trust seller in Q1 2020 was MML Investors Services, an estimated $564K sold.
Based on aggregated 13F filings for Q1 2020.