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PPT

Franklin Premier Income Trust

95 hedge funds and large institutions have $115M invested in Franklin Premier Income Trust in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 25 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.92% more ownership

Funds ownership: 27.25%28.17% (+0.92%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $119M → $115M (-$4.1M)

8% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 25

5% less funds holding

Funds holding: 10095 (-5)

17% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 18

Holders
95
Holders Change
-5
Holders Change %
-5%
% of All Funds
1.5%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
23
Reduced
25
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$57.3M -$9.52M -2,351,484 -14%
PPA
2
Parametric Portfolio Associates
Washington
$8.4M +$2.83M +699,355 +50%
Morgan Stanley
3
Morgan Stanley
New York
$6.47M +$167K +41,242 +3%
KIM
4
Karpus Investment Management
New York
$5.8M +$5.89M +1,453,492 New
Invesco
5
Invesco
Georgia
$5.08M +$823K +203,297 +19%
1CP
6
1607 Capital Partners
Virginia
$2.84M +$2.88M +711,385 New
HWM
7
Howard Wealth Management
Connecticut
$2.82M +$570K +140,775 +25%
RJA
8
Raymond James & Associates
Florida
$2.1M -$301K -74,370 -12%
SFS
9
Shaker Financial Services
Virginia
$1.83M -$1.02M -253,043 -36%
Janney Montgomery Scott
10
Janney Montgomery Scott
Pennsylvania
$1.79M +$359K +88,590 +25%
Bank of America
11
Bank of America
North Carolina
$1.78M +$652K +160,869 +57%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$1.36M -$73.4K -18,122 -5%
QCIG
13
Quad-Cities Investment Group
Iowa
$1.34M -$49.9K -12,316 -4%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$1.3M -$35.1K -8,670 -3%
VCM
15
Vivaldi Capital Management
Illinois
$1.26M +$1.34M +329,952 New
BWM
16
BerganKDV Wealth Management
Minnesota
$1.08M +$135K +33,343 +14%
AWM
17
Apollon Wealth Management
South Carolina
$774K -$86.7K -21,402 -10%
SRC
18
Shufro Rose & Co
New York
$664K -$49.8K -12,300 -7%
FFWM
19
Future Financial Wealth Management
Ohio
$633K +$22.9K +5,658 +4%
SMH
20
Sanders Morris Harris
Texas
$592K
SCM
21
Sterneck Capital Management
Missouri
$572K -$96.3K -23,784 -14%
NA
22
NewEdge Advisors
Louisiana
$511K -$7.36K -1,816 -1%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$497K -$16.3K -4,013 -3%
OIM
24
Oder Investment Management
California
$458K +$209K +51,569 +80%
MML Investors Services
25
MML Investors Services
Massachusetts
$441K -$441 -109 -0.1%

PPT Hedge Fund Activity: Q1 2022 in Review

95 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q1 2022, worth a combined $115M — down 3.4% from $119M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of PPT and 15 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 23 added.

The largest buyer was Karpus Investment Management, opening a new position worth an estimated $5.89M. The largest seller was Sit Investment Associates, cutting an estimated $9.52M.

  • 95 institutional investors held Franklin Premier Income Trust (PPT) as of Q1 2022, down from 100 in Q4 2021.
  • Funds reported $115M of Franklin Premier Income Trust stock for Q1 2022, down 3.4% quarter-over-quarter.
  • 15 funds opened new Franklin Premier Income Trust positions in Q1 2022 and 18 closed out, a net change of -3 holders.
  • The largest Franklin Premier Income Trust buyer in Q1 2022 was Karpus Investment Management, an estimated $5.89M added.
  • The largest Franklin Premier Income Trust seller in Q1 2022 was Sit Investment Associates, an estimated $9.52M sold.

Based on aggregated 13F filings for Q1 2022.