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PPT

Franklin Premier Income Trust

84 hedge funds and large institutions have $113M invested in Franklin Premier Income Trust in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 29 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.04% less ownership

Funds ownership: 31.56%31.52% (-0.04%)

0% less capital invested

Capital invested by funds: $114M → $113M (-$255K)

5% less funds holding

Funds holding: 8884 (-4)

31% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 29

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9

Holders
84
Holders Change
-4
Holders Change %
-4.55%
% of All Funds
1.32%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
20
Reduced
29
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$61.4M +$1.25M +350,561 +2%
Allspring Global Investments
2
Allspring Global Investments
North Carolina
$8.6M +$4.02M +1,128,381 +86%
Morgan Stanley
3
Morgan Stanley
New York
$6.63M -$849K -238,435 -11%
1CP
4
1607 Capital Partners
Virginia
$6.07M
Janney Montgomery Scott
5
Janney Montgomery Scott
Pennsylvania
$5.1M -$188K -52,650 -4%
KIM
6
Karpus Investment Management
New York
$3.84M -$103K -29,020 -3%
Invesco
7
Invesco
Georgia
$3.83M -$235K -65,868 -6%
RJA
8
Raymond James & Associates
Florida
$1.77M +$153K +43,028 +9%
QCIG
9
Quad-Cities Investment Group
Iowa
$1.68M -$43.4K -12,181 -2%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$1.64M +$197K +55,266 +13%
BWM
11
BerganKDV Wealth Management
Minnesota
$910K +$6.58K +1,848 +0.7%
TW
12
Transform Wealth
Colorado
$865K -$97.6K -27,400 -10%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$833K -$351K -98,659 -29%
Bank of America
14
Bank of America
North Carolina
$687K -$148K -41,579 -18%
SFS
15
Shaker Financial Services
Virginia
$621K -$318K -89,181 -34%
SRC
16
Shufro Rose & Co
New York
$541K -$12.5K -3,500 -2%
FFWM
17
Future Financial Wealth Management
Ohio
$534K +$16.1K +4,508 +3%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$518K -$27.4K -7,698 -5%
NA
19
NewEdge Advisors
Louisiana
$458K -$1.43K -400 -0.3%
SCM
20
Sterneck Capital Management
Missouri
$437K -$4.26K -1,197 -1%
MML Investors Services
21
MML Investors Services
Massachusetts
$396K +$54K +15,145 +16%
OIM
22
Oder Investment Management
California
$391K -$4.46K -1,251 -1%
SMH
23
Sanders Morris Harris
Texas
$361K
AWM
24
Apollon Wealth Management
South Carolina
$350K +$2.94K +826 +0.8%
UBS Group
25
UBS Group
Switzerland
$339K -$56.4K -15,835 -14%

PPT Hedge Fund Activity: Q2 2023 in Review

84 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q2 2023, worth a combined $113M — down 0.22% from $114M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of PPT and 5 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 20 added.

The largest buyer was Allspring Global Investments, adding an estimated $4.02M. The largest seller was Vivaldi Capital Management, exiting entirely with an estimated $1.83M sold.

  • 84 institutional investors held Franklin Premier Income Trust (PPT) as of Q2 2023, down from 88 in Q1 2023.
  • Funds reported $113M of Franklin Premier Income Trust stock for Q2 2023, down 0.22% quarter-over-quarter.
  • 5 funds opened new Franklin Premier Income Trust positions in Q2 2023 and 9 closed out, a net change of -4 holders.
  • The largest Franklin Premier Income Trust buyer in Q2 2023 was Allspring Global Investments, an estimated $4.02M added.
  • The largest Franklin Premier Income Trust seller in Q2 2023 was Vivaldi Capital Management, an estimated $1.83M sold.

Based on aggregated 13F filings for Q2 2023.