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PPT

Franklin Premier Income Trust

87 hedge funds and large institutions have $125M invested in Franklin Premier Income Trust in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 28 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 8

5% more capital invested

Capital invested by funds: $119M → $125M (+$6.14M)

4% more funds holding

Funds holding: 8487 (+3)

0.54% more ownership

Funds ownership: 34.55%35.09% (+0.54%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

14% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 28

Holders
87
Holders Change
+3
Holders Change %
+3.57%
% of All Funds
1.25%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
11
Increased
24
Reduced
28
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$75.3M +$4.23M +1,157,501 +6%
Allspring Global Investments
2
Allspring Global Investments
North Carolina
$14M -$1.4M -383,000 -9%
Morgan Stanley
3
Morgan Stanley
New York
$5.25M -$215K -58,831 -4%
Invesco
4
Invesco
Georgia
$4.22M +$250K +68,392 +6%
1CP
5
1607 Capital Partners
Virginia
$3.77M -$8.77K -2,400 -0.2%
KIM
6
Karpus Investment Management
New York
$3.52M -$445K -121,676 -11%
Janney Montgomery Scott
7
Janney Montgomery Scott
Pennsylvania
$2.66M -$197K -53,923 -7%
RJA
8
Raymond James & Associates
Florida
$1.47M +$3.88K +1,061 +0.3%
QCIG
9
Quad-Cities Investment Group
Iowa
$1.15M -$44K -12,045 -4%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$1.11M -$134K -36,542 -11%
SFS
11
Shaker Financial Services
Virginia
$985K -$200K -54,717 -17%
Bank of America
12
Bank of America
North Carolina
$650K -$2.22K -607 -0.3%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$648K -$10.5K -2,860 -2%
Osaic Holdings
14
Osaic Holdings
Arizona
$570K +$36.7K +10,041 +7%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$565K +$9.61K +2,629 +2%
FFWM
16
Future Financial Wealth Management
Ohio
$498K +$27K +7,382 +6%
SRC
17
Shufro Rose & Co
New York
$471K
RP
18
Riverbridge Partners
Minnesota
$459K +$548 +150 +0.1%
NA
19
NewEdge Advisors
Louisiana
$424K -$28.9K -7,900 -6%
POIA
20
Pin Oak Investment Advisors
Texas
$395K +$169K +46,135 +77%
IWC
21
Integrated Wealth Concepts
Massachusetts
$395K +$143 +39 +0%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$379K +$13.6K +3,719 +4%
AWM
23
Apollon Wealth Management
South Carolina
$368K +$3.11K +851 +0.9%
UBS Group
24
UBS Group
Switzerland
$364K +$9.25K +2,530 +3%
VBCG
25
Valley Brook Capital Group
Pennsylvania
$358K +$29.6K +8,109 +9%

PPT Hedge Fund Activity: Q3 2024 in Review

87 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q3 2024, worth a combined $125M — up 5.2% from $119M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new PPT positions and 8 closed out — a net gain of 3 holders — while 24 added to existing stakes and 28 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $4.23M. The largest seller was Allspring Global Investments, cutting an estimated $1.4M.

  • 87 institutional investors held Franklin Premier Income Trust (PPT) as of Q3 2024, up from 84 in Q2 2024.
  • Funds reported $125M of Franklin Premier Income Trust stock for Q3 2024, up 5.2% quarter-over-quarter.
  • 11 funds opened new Franklin Premier Income Trust positions in Q3 2024 and 8 closed out, a net change of +3 holders.
  • The largest Franklin Premier Income Trust buyer in Q3 2024 was Sit Investment Associates, an estimated $4.23M added.
  • The largest Franklin Premier Income Trust seller in Q3 2024 was Allspring Global Investments, an estimated $1.4M sold.

Based on aggregated 13F filings for Q3 2024.