Franklin Premier Income Trust
PPT
103 hedge funds and large institutions have $131M invested in Franklin Premier Income Trust in 2021 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 19 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
14% more capital invested
Capital invested by funds: $115M → $131M (+$15.9M)
2.34% more ownership
Funds ownership: 23.93% → 26.27% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 112 → 103 (-9)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$14M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.85M |
| 3 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$1.11M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$918K |
| 5 |
HWM
Howard Wealth Management
Madison,
Connecticut
|
+$560K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMF
Arbor Wealth Management (Florida)
Miramar Beach,
Florida
|
-$4.05M |
| 2 |
Morgan Stanley
New York
|
-$1.61M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.42M |
| 4 |
Citigroup
New York
|
-$816K |
| 5 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$691K |
PPT Hedge Fund Activity: Q1 2021 in Review
103 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q1 2021, worth a combined $131M — up 14% from $115M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PPT and 13 opened new positions — a net loss of 6 holders — while 25 trimmed existing stakes and 29 added.
The largest buyer was Sit Investment Associates, adding an estimated $14M. The largest seller was Arbor Wealth Management (Florida), exiting entirely with an estimated $4.05M sold.
- 103 institutional investors held Franklin Premier Income Trust (PPT) as of Q1 2021, down from 112 in Q4 2020.
- Funds reported $131M of Franklin Premier Income Trust stock for Q1 2021, up 14% quarter-over-quarter.
- 13 funds opened new Franklin Premier Income Trust positions in Q1 2021 and 19 closed out, a net change of -6 holders.
- The largest Franklin Premier Income Trust buyer in Q1 2021 was Sit Investment Associates, an estimated $14M added.
- The largest Franklin Premier Income Trust seller in Q1 2021 was Arbor Wealth Management (Florida), an estimated $4.05M sold.
Based on aggregated 13F filings for Q1 2021.