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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, Q4 2025

Institutional positions in Franklin Master Intermediate Income Trust as of Dec 31, 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
+2 vs. Q3 2025
Shares held
26.7M
−238.2K (−0.9%) vs. Q3 2025
Total value
$89.3M
−$3.49M (−3.8%) vs. Q3 2025
New holders
9
14 more added
Sold out
7
14 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 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 heldQ4 2025: $89.3M
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, Q4 2025

Shares, value and share of portfolio for each institution holding Franklin Master Intermediate Income Trust; share changes are against Q3 2025.

Institutions holding PIM in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Sit Investment Associates Inc22,729,288$75.9M1.49%−761,587−3.2%Reduced
Summit Financial, LLC592,051$1.98M0.03%+398,831+206.4%Added
PVG Asset Management Corp482,759$1.61M3.43%+444,177+1,151.3%Added
1607 Capital Partners, LLC342,922$1.15M0.08%−75,230−18.0%Reduced
Sheets Smith Wealth Management241,227$805.7K0.09%00.0%Unchanged
Envestnet Asset Management Inc226,015$754.9K0.00%+168,548+293.3%Added
Colony Group, LLC189,725$633.7K0.00%+189,725New
Morgan Stanley172,669$576.7K0.00%−42,358−19.7%Reduced
Penbrook Management LLC147,063$491.2K0.34%00.0%Unchanged
Gill Capital Partners, LLC137,896$460.6K0.14%+1,718+1.3%Added
Janney Montgomery Scott LLC131,773$440.0K0.00%−3,291−2.4%Reduced
WealthTrust Axiom LLC108,000$360.7K0.09%+11,000+11.3%Added
Melfa Wealth Management, LLC80,925$270.3K0.16%00.0%Unchanged
GWM Advisors LLC79,530$265.6K0.00%−2,010−2.5%Reduced
LPL Financial LLC70,396$235.1K0.00%−735−1.0%Reduced
Royal Bank of Canada68,719$229.0K0.00%−2,218−3.1%Reduced
Allworth Financial LP66,272$221.3K0.00%00.0%Unchanged
Commonwealth Equity Services, LLC62,530$208.8K0.00%+247+0.4%Added
Eclectic Associates Inc53,581$179.0K0.03%+53,581New
Mezzasalma Advisors, LLC53,629$178.3K0.04%−2,431−4.3%Reduced
Fortitude Advisory Group L.L.C.52,819$176.4K0.07%00.0%Unchanged
Ethos Financial Group, LLC46,659$155.8K0.01%−6,029−11.4%Reduced
Invictus Private Wealth, LLC42,000$140.3K0.01%−34,870−45.4%Reduced
Weaver Consulting Group42,000$140.3K0.03%+7,000+20.0%Added
TCG Advisory Services, LLC41,252$137.8K0.00%+101+0.2%Added
Cetera Investment Advisers39,847$133.1K0.00%+2,544+6.8%Added
Comerica Bank35,092$117.2K0.00%00.0%Unchanged
Baird Financial Group, Inc.29,500$98.5K0.00%+13,500+84.4%Added
Mount Yale Investment Advisors, LLC27,700$92.5K0.00%00.0%Unchanged
Vestmark Advisory Solutions, Inc.27,700$92.5K0.00%+27,700New
Advisor Group Holdings, Inc.26,088$87.1K0.00%+3,039+13.2%Added
Ronald Blue Trust, Inc.25,260$84.4K0.00%+25,260New
UBS Group AG23,184$77.4K0.00%−2,400−9.4%Reduced
Integrity Advisory Solutions, LLC21,899$73.1K0.01%+21,899New
VisionPoint Advisory Group, LLC21,120$70.5K0.01%+61+0.3%Added
Stratos Wealth Partners, LTD.20,659$69.0K0.00%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.17,008$57.0K0.00%00.0%Unchanged
Stifel Financial Corp16,852$56.3K0.00%−70,628−80.7%Reduced
Atria Investments LLC16,087$53.7K0.00%+16,087New
Graves-Light Private Wealth Management, Inc.14,300$47.8K0.01%00.0%Unchanged
Koshinski Asset Management, Inc.14,000$46.8K0.00%00.0%Unchanged
Landscape Capital Management, L.L.C.13,615$45.5K0.00%+13,615New
WealthShield Partners, LLC13,000$43.4K0.00%+3,000+30.0%Added
Shufro Rose & Co LLC11,000$36.7K0.00%00.0%Unchanged
Gridiron Partners, LLC10,507$35.1K0.02%00.0%Unchanged
Chicago Partners Investment Group LLC10,600$34.9K0.00%00.0%Unchanged
Key Financial Inc9,500$31.7K0.01%00.0%Unchanged
Global Wealth Strategies & Associates9,220$30.8K0.01%00.0%Unchanged
MAI Capital Management6,000$20.0K0.00%+1,000+20.0%Added
Rothschild Investment LLC4,885$16.3K0.00%00.0%Unchanged
Wells Fargo & Company4,617$15.4K0.00%−729−13.6%Reduced
Bank of America Corp3,215$10.7K0.00%−339−9.5%Reduced
Measured Wealth Private Client Group, LLC2,500$8.35K0.00%00.0%Unchanged
Global Retirement Partners, LLC649$2.17K0.00%00.0%Unchanged
Highline Wealth Partners LLC600$2.00K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC400$1.34K0.00%00.0%Unchanged
Harbour Investments, Inc.339$1.13K0.00%00.0%Unchanged
Financial Consulate, Inc200$6680.00%00.0%Unchanged
CoreCap Advisors, LLC130$4340.00%+130New
Hilton Head Capital Partners, LLC2$70.00%+2New
Consolidated Portfolio Review Corp0$00.00%−367,187−100.0%Sold out
Kovitz Investment Group Partners, LLC0$00.00%−189,725−100.0%Sold out
Thrivent Financial for Lutherans0$00.00%−32,813−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−22,222−100.0%Sold out
Northstar Financial Companies, Inc.0$00.00%−20,245−100.0%Sold out
Hollencrest Capital Management0$00.00%−3,067−100.0%Sold out
GPS Wealth Strategies Group, LLC0$00.00%−840−100.0%Sold out
Sheets Smith Investment Management––––Not filed
Bard Financial Services, Inc.––––Not filed