Franklin Premier Income Trust
PPT
105 hedge funds and large institutions have $125M invested in Franklin Premier Income Trust in 2021 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 24 reducing their positions, and 15 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 24
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
1% more funds holding
Funds holding: 104 → 105 (+1)
0.05% less ownership
Funds ownership: 26.27% → 26.23% (-0.05%)
4% less capital invested
Capital invested by funds: $131M → $125M (-$5.81M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.23M |
| 2 |
SMH
Sanders Morris Harris
Houston,
Texas
|
+$699K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$628K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$592K |
| 5 |
Morgan Stanley
New York
|
+$576K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$973K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$957K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$864K |
| 4 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
-$842K |
| 5 |
Cohen & Steers
New York
|
-$800K |
PPT Hedge Fund Activity: Q2 2021 in Review
105 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q2 2021, worth a combined $125M — down 4.4% from $131M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PPT positions and 15 closed out — a net gain of 1 holder — while 36 added to existing stakes and 24 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $1.23M. The largest seller was Wells Fargo, cutting an estimated $973K.
- 105 institutional investors held Franklin Premier Income Trust (PPT) as of Q2 2021, up from 104 in Q1 2021.
- Funds reported $125M of Franklin Premier Income Trust stock for Q2 2021, down 4.4% quarter-over-quarter.
- 16 funds opened new Franklin Premier Income Trust positions in Q2 2021 and 15 closed out, a net change of +1 holder.
- The largest Franklin Premier Income Trust buyer in Q2 2021 was Parametric Portfolio Associates, an estimated $1.23M added.
- The largest Franklin Premier Income Trust seller in Q2 2021 was Wells Fargo, an estimated $973K sold.
Based on aggregated 13F filings for Q2 2021.