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Franklin Master Intermediate Income Trust

PIM
Exchange
NYSE
SEC CIK
0000830622

No open-market purchases or sales by Franklin Master Intermediate Income Trust insiders were filed in the last 90 days; 59 institutions reported holding it in 13F filings for Q2 2026, worth $89.6M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Franklin Master Intermediate Income Trust as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
60
+3 vs. Q2 2025
Shares held
28.1M
+651.6K (+2.4%) vs. Q2 2025
Total value
$96.7M
+$4.71M (+5.1%) vs. Q2 2025
New holders
11
21 more added
Sold out
8
11 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PIM on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 60 institutions
Q1 2021: 55 institutionsQ2 2021: 48 institutionsQ3 2021: 41 institutionsQ4 2021: 49 institutionsQ1 2022: 44 institutionsQ2 2022: 48 institutionsQ3 2022: 44 institutionsQ4 2022: 49 institutionsQ1 2023: 49 institutionsQ2 2023: 52 institutionsQ3 2023: 53 institutionsQ4 2023: 54 institutionsQ1 2024: 46 institutionsQ2 2024: 48 institutionsQ3 2024: 46 institutionsQ4 2024: 56 institutionsQ1 2025: 58 institutionsQ2 2025: 58 institutionsQ3 2025: 60 institutionsQ4 2025: 60 institutionsQ1 2026: 59 institutionsQ2 2026: 59 institutions
Value heldQ3 2025: $96.7M
Q1 2021: $72.4MQ2 2021: $69.9MQ3 2021: $67.4MQ4 2021: $68.9MQ1 2022: $65.3MQ2 2022: $65.2MQ3 2022: $66.4MQ4 2022: $66.3MQ1 2023: $70.2MQ2 2023: $75.5MQ3 2023: $75.2MQ4 2023: $82.3MQ1 2024: $83.9MQ2 2024: $83.7MQ3 2024: $88.5MQ4 2024: $89.0MQ1 2025: $90.8MQ2 2025: $92.0MQ3 2025: $96.7MQ4 2025: $89.3MQ1 2026: $88.2MQ2 2026: $89.6M
Institutions holding PIM and their total value by quarter
QuarterHoldersValue
Q2 202659$89.6M
Q1 202659$88.2M
Q4 202560$89.3M
Q3 202560$96.7M
Q2 202558$92.0M
Q1 202558$90.8M
Q4 202456$89.0M
Q3 202446$88.5M
Q2 202448$83.7M
Q1 202446$83.9M
Q4 202354$82.3M
Q3 202353$75.2M
Q2 202352$75.5M
Q1 202349$70.2M
Q4 202249$66.3M
Q3 202244$66.4M
Q2 202248$65.2M
Q1 202244$65.3M
Q4 202149$68.9M
Q3 202141$67.4M
Q2 202148$69.9M
Q1 202155$72.4M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Franklin Master Intermediate Income Trust; share changes are against Q2 2025.

Institutions holding PIM in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Sit Investment Associates Inc23,490,875$80.8M1.64%−147,329−0.6%Reduced
Sheets Smith Investment Management1,102,294$3.79M2.46%+1,102,294New
1607 Capital Partners, LLC418,152$1.44M0.11%−604,315−59.1%Reduced
Consolidated Portfolio Review Corp367,187$1.26M0.16%+3,990+1.1%Added
Sheets Smith Wealth Management241,227$829.8K0.09%+241,227New
Morgan Stanley215,027$739.7K0.00%+25,638+13.5%Added
Summit Financial, LLC193,220$664.7K0.01%+160,100+483.4%Added
Kovitz Investment Group Partners, LLC189,725$652.7K0.00%+20,500+12.1%Added
Penbrook Management LLC147,063$505.9K0.35%−550−0.4%Reduced
Gill Capital Partners, LLC136,178$468.5K0.14%−29,757−17.9%Reduced
Janney Montgomery Scott LLC135,064$465.0K0.00%−105−0.1%Reduced
WealthTrust Axiom LLC97,000$333.7K0.09%+46,000+90.2%Added
Stifel Financial Corp87,480$300.9K0.00%+44,200+102.1%Added
GWM Advisors LLC81,540$280.5K0.00%−912−1.1%Reduced
Melfa Wealth Management, LLC80,925$278.4K0.16%00.0%Unchanged
Invictus Private Wealth, LLC76,870$264.4K0.02%+76,870New
LPL Financial LLC71,131$244.7K0.00%−20,259−22.2%Reduced
Royal Bank of Canada70,937$244.0K0.00%+63+0.1%Added
Allworth Financial LP66,272$228.0K0.00%00.0%Unchanged
Commonwealth Equity Services, LLC62,283$214.0K0.00%−561−0.9%Reduced
Envestnet Asset Management Inc57,467$197.7K0.00%−81−0.1%Reduced
Mezzasalma Advisors, LLC56,060$192.8K0.05%−3,460−5.8%Reduced
Fortitude Advisory Group L.L.C.52,819$181.7K0.10%00.0%Unchanged
Ethos Financial Group, LLC52,688$181.2K0.01%+2,872+5.8%Added
TCG Advisory Services, LLC41,151$141.6K0.01%−298−0.7%Reduced
PVG Asset Management Corp38,582$132.7K0.49%+38,582New
Cetera Investment Advisers37,303$128.3K0.00%+24,488+191.1%Added
Comerica Bank35,092$120.7K0.00%+25,892+281.4%Added
Weaver Consulting Group35,000$120.4K0.03%+2,500+7.7%Added
Thrivent Financial for Lutherans32,813$113.0K0.00%+32,813New
Mount Yale Investment Advisors, LLC27,700$95.3K0.01%+27,700New
UBS Group AG25,584$88.0K0.00%+215+0.8%Added
Advisor Group Holdings, Inc.23,049$77.3K0.00%+1,389+6.4%Added
Coldstream Capital Management Inc22,222$76.4K0.00%+429+2.0%Added
Bard Financial Services, Inc.21,540$74.1K0.01%00.0%Unchanged
VisionPoint Advisory Group, LLC21,059$72.4K0.01%+10,559+100.6%Added
Stratos Wealth Partners, LTD.20,659$71.1K0.00%+478+2.4%Added
Northstar Financial Companies, Inc.20,245$69.6K0.06%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.17,008$59.0K0.00%+580+3.5%Added
Baird Financial Group, Inc.16,000$55.0K0.00%+16,000New
Graves-Light Private Wealth Management, Inc.14,300$49.2K0.01%00.0%Unchanged
Koshinski Asset Management, Inc.14,000$48.2K0.00%00.0%Unchanged
Shufro Rose & Co LLC11,000$36.5K0.00%00.0%Unchanged
Gridiron Partners, LLC10,507$36.1K0.02%00.0%Unchanged
Chicago Partners Investment Group LLC10,600$35.5K0.00%+69+0.7%Added
WealthShield Partners, LLC10,000$34.4K0.00%00.0%Unchanged
Key Financial Inc9,500$32.5K0.01%00.0%Unchanged
Global Wealth Strategies & Associates9,220$31.7K0.01%+9,220New
Wells Fargo & Company5,346$18.4K0.00%+6+0.1%Added
MAI Capital Management5,000$17.2K0.00%00.0%Unchanged
Rothschild Investment LLC4,885$16.8K0.00%00.0%Unchanged
Bank of America Corp3,554$12.2K0.00%+12+0.3%Added
Hollencrest Capital Management3,067$10.6K0.00%00.0%Unchanged
Measured Wealth Private Client Group, LLC2,500$8.60K0.00%+2,500New
GPS Wealth Strategies Group, LLC840$2.89K0.00%+16+1.9%Added
Global Retirement Partners, LLC649$2.23K0.00%00.0%Unchanged
Highline Wealth Partners LLC600$2.06K0.00%+600New
Steward Partners Investment Advisory, LLC400$1.38K0.00%00.0%Unchanged
Harbour Investments, Inc.339$1.17K0.00%00.0%Unchanged
Financial Consulate, Inc200$6880.00%+200New
Allspring Global Investments Holdings, LLC0$00.00%−332,510−100.0%Sold out
Shaker Financial Services, LLC0$00.00%−60,890−100.0%Sold out
Avantax Planning Partners, Inc.0$00.00%−16,969−100.0%Sold out
WMG Financial Advisors, LLC0$00.00%−16,700−100.0%Sold out
HRT Financial LP0$00.00%−11,988−100.0%Sold out
Concurrent Investment Advisors, LLC0$00.00%−10,620−100.0%Sold out
Raymond James Financial Inc0$00.00%−7,324−100.0%Sold out
Caldwell Sutter Capital, Inc.0$00.00%−1,796−100.0%Sold out
Avantax Advisory Services, Inc.––––Not filed