Franklin Premier Income Trust
PPT
94 hedge funds and large institutions have $96.1M invested in Franklin Premier Income Trust in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
6% more capital invested
Capital invested by funds: $90.6M → $96.1M (+$5.51M)
3% more funds holding
Funds holding: 91 → 94 (+3)
2.4% more ownership
Funds ownership: 18.51% → 20.91% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $67K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$11.2M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.38M |
| 3 |
Morgan Stanley
New York
|
+$928K |
| 4 |
SMH
Sanders Morris Harris
Houston,
Texas
|
+$689K |
| 5 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$597K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.1M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.12M |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
-$734K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$146K |
| 5 |
IF
Intrua Financial
Houston,
Texas
|
-$137K |
PPT Hedge Fund Activity: Q3 2020 in Review
94 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q3 2020, worth a combined $96.1M — up 6.1% from $90.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PPT positions and 11 closed out — a net gain of 3 holders — while 25 added to existing stakes and 21 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $11.2M. The largest seller was Wells Fargo, cutting an estimated $4.1M.
- 94 institutional investors held Franklin Premier Income Trust (PPT) as of Q3 2020, up from 91 in Q2 2020.
- Funds reported $96.1M of Franklin Premier Income Trust stock for Q3 2020, up 6.1% quarter-over-quarter.
- 14 funds opened new Franklin Premier Income Trust positions in Q3 2020 and 11 closed out, a net change of +3 holders.
- The largest Franklin Premier Income Trust buyer in Q3 2020 was Sit Investment Associates, an estimated $11.2M added.
- The largest Franklin Premier Income Trust seller in Q3 2020 was Wells Fargo, an estimated $4.1M sold.
Based on aggregated 13F filings for Q3 2020.