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Franklin Managed Municipal Income Trust

PMM
Exchange
NYSE
SEC CIK
0000844790

In the last 90 days, Franklin Managed Municipal Income Trust insiders filed 1 open-market purchase and 1 sale; 87 institutions reported holding it in 13F filings for Q2 2026, worth $65.2M in total; no superinvestor holds it.

13F holders, Q4 2022

Institutional positions in Franklin Managed Municipal Income Trust as of Dec 31, 2022. 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
88
+17 vs. Q3 2022
Shares held
5.85M
+500.2K (+9.4%) vs. Q3 2022
Total value
$36.6M
+$6.46M (+21.4%) vs. Q3 2022
New holders
25
15 more added
Sold out
8
21 more reduced

2 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PMM 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 2022: 88 institutions
Q1 2021: 75 institutionsQ2 2021: 71 institutionsQ3 2021: 70 institutionsQ4 2021: 78 institutionsQ1 2022: 79 institutionsQ2 2022: 72 institutionsQ3 2022: 73 institutionsQ4 2022: 88 institutionsQ1 2023: 77 institutionsQ2 2023: 82 institutionsQ3 2023: 84 institutionsQ4 2023: 97 institutionsQ1 2024: 94 institutionsQ2 2024: 84 institutionsQ3 2024: 93 institutionsQ4 2024: 94 institutionsQ1 2025: 82 institutionsQ2 2025: 85 institutionsQ3 2025: 81 institutionsQ4 2025: 90 institutionsQ1 2026: 91 institutionsQ2 2026: 87 institutions
Value heldQ4 2022: $36.6M
Q1 2021: $38.1MQ2 2021: $38.9MQ3 2021: $38.2MQ4 2021: $42.2MQ1 2022: $35.9MQ2 2022: $34.8MQ3 2022: $30.3MQ4 2022: $36.6MQ1 2023: $34.4MQ2 2023: $36.4MQ3 2023: $33.6MQ4 2023: $40.0MQ1 2024: $38.2MQ2 2024: $40.7MQ3 2024: $46.5MQ4 2024: $47.1MQ1 2025: $52.2MQ2 2025: $50.5MQ3 2025: $49.9MQ4 2025: $59.4MQ1 2026: $59.6MQ2 2026: $65.2M
Institutions holding PMM and their total value by quarter
QuarterHoldersValue
Q2 202687$65.2M
Q1 202691$59.6M
Q4 202590$59.4M
Q3 202581$49.9M
Q2 202585$50.5M
Q1 202582$52.2M
Q4 202494$47.1M
Q3 202493$46.5M
Q2 202484$40.7M
Q1 202494$38.2M
Q4 202397$40.0M
Q3 202384$33.6M
Q2 202382$36.4M
Q1 202377$34.4M
Q4 202288$36.6M
Q3 202273$30.3M
Q2 202272$34.8M
Q1 202279$35.9M
Q4 202178$42.2M
Q3 202170$38.2M
Q2 202171$38.9M
Q1 202175$38.1M

Institutions, Q4 2022

Shares, value and share of portfolio for each institution holding Franklin Managed Municipal Income Trust; share changes are against Q3 2022.

Institutions holding PMM in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Morgan Stanley667,650$4.19M0.00%+120,183+22.0%Added
Raymond James & Associates648,454$4.07M0.00%−24,202−3.6%Reduced
Ameriprise Financial Inc495,083$3.11M0.00%+71,901+17.0%Added
Kennedy Investment Group378,481$2.38M1.51%+378,481New
Wells Fargo & Company354,531$2.23M0.00%−62,997−15.1%Reduced
Keudell/Morrison Wealth Management335,183$2.10M0.68%+91,858+37.8%Added
Raymond James Financial Services Advisors, Inc.230,207$1.45M0.00%−321,330−58.3%Reduced
Van Eck Associates Corp182,567$1.15M0.00%+29,149+19.0%Added
Advisors Asset Management, Inc.163,331$1.03M0.02%+163,331New
Avantax Advisory Services, Inc.159,793$1.00M0.01%−37,418−19.0%Reduced
LPL Financial LLC156,616$983.5K0.00%+20,966+15.5%Added
Bank of America Corp129,908$815.8K0.00%−73,890−36.3%Reduced
Invesco Ltd.127,993$803.8K0.00%+53,224+71.2%Added
Advisor Group Holdings, Inc.109,764$690.0K0.00%−2,390−2.1%Reduced
Capital Investment Advisors, LLC103,159$648.0K0.02%−3,400−3.2%Reduced
Goodwin Daniel L96,112$603.6K0.31%+2,500+2.7%Added
Melfa Wealth Management, LLC90,352$567.4K0.59%+90,352New
Cetera Advisor Networks LLC82,580$518.6K0.00%−2,386−2.8%Reduced
Providence First Trust Co79,506$499.3K0.29%00.0%Unchanged
Joseph P. Lucia & Associates, LLC73,509$461.6K0.35%−9,938−11.9%Reduced
Sheaff Brock Investment Advisors, LLC65,132$409.0K0.05%−20,695−24.1%Reduced
Twin Focus Capital Partners, LLC61,893$388.7K0.08%00.0%Unchanged
Gill Capital Partners, LLC61,451$385.9K0.18%00.0%Unchanged
Royal Bank of Canada53,235$334.0K0.00%−20,924−28.2%Reduced
Cambridge Investment Research Advisors, Inc.52,434$329.0K0.00%−198−0.4%Reduced
Commonwealth Equity Services, LLC52,016$326.0K0.00%+5,076+10.8%Added
National Asset Management, Inc.51,260$323.3K0.01%+9,005+21.3%Added
Independent Financial Group, LLC51,029$320.5K0.03%−13,595−21.0%Reduced
UBS Group AG48,395$303.9K0.00%−19,571−28.8%Reduced
Cohen & Steers, Inc.46,870$294.0K0.00%−14,672−23.8%Reduced
Moors & Cabot, Inc.45,000$282.6K0.02%+45,000New
Susquehanna International Group, LLP37,011$232.4K0.00%+37,011New
IHT Wealth Management, LLC32,390$203.4K0.01%+396+1.2%Added
Weiss Asset Management LP27,687$173.9K0.01%+27,687New
Ancora Advisors, LLC25,590$161.0K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co20,604$129.4K0.00%−582−2.7%Reduced
LCNB Corp20,565$129.1K0.06%00.0%Unchanged
Jupiter Wealth Management LLC20,000$125.0K0.12%00.0%Unchanged
Raymond James Trust N.A.19,780$124.0K0.00%00.0%Unchanged
Fairhaven Wealth Management, LLC18,300$114.9K0.05%+18,300New
United Capital Financial Advisers, LLC17,974$112.9K0.00%−13,047−42.1%Reduced
Financial Advocates Investment Management17,794$111.7K0.01%+714+4.2%Added
AlphaCentric Advisors LLC17,600$110.5K0.11%+13,100+291.1%Added
AE Wealth Management LLC15,260$95.8K0.00%−1,330−8.0%Reduced
United Bank14,400$90.4K0.06%00.0%Unchanged
Hohimer Wealth Management, LLC14,395$90.4K0.03%00.0%Unchanged
Vanguard Capital Wealth Advisors14,320$89.9K0.10%+224+1.6%Added
Steward Partners Investment Advisory, LLC14,268$89.6K0.00%−1,072−7.0%Reduced
Calton & Associates, Inc.13,683$85.9K0.03%+13,683New
Procyon Private Wealth Partners, LLC12,803$80.4K0.01%00.0%Unchanged
Dynamic Advisor Solutions LLC12,636$79.4K0.01%00.0%Unchanged
Quad-Cities Investment Group, LLC12,381$77.8K0.06%−4,207−25.4%Reduced
Wealthcare Advisory Partners LLC12,018$75.5K0.00%00.0%Unchanged
Fortitude Advisory Group L.L.C.11,873$74.6K0.06%+11,873New
Smallwood Wealth Investment Management, LLC11,806$74.1K0.06%00.0%Unchanged
Wedbush Securities Inc11,822$74.0K0.00%00.0%Unchanged
Mark Stevens11,200$70.0K0.01%00.0%Unchanged
Jane Street Group, LLC10,808$67.9K0.00%+10,808New
Aveo Capital Partners, LLC10,665$67.0K0.01%00.0%Unchanged
Great Valley Advisor Group, Inc.10,523$66.1K0.00%+10,523New
Family Asset Management, LLC10,400$65.3K0.05%+10,400New
HighTower Advisors, LLC10,188$64.0K0.00%+10,188New
TCTC Holdings, LLC10,020$62.9K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.8,250$51.0K0.00%−15,000−64.5%Reduced
Ruedi Wealth Management, Inc.7,164$45.0K0.03%+7,164New
US Bancorp7,149$44.9K0.00%00.0%Unchanged
Benjamin Edwards Inc5,400$34.0K0.01%00.0%Unchanged
The PNC Financial Services Group, Inc.5,322$33.4K0.00%00.0%Unchanged
Tradition Wealth Management, LLC4,111$26.0K0.00%+4,111New
AdvisorNet Financial, Inc2,116$13.3K0.00%00.0%Unchanged
Highlander Capital Management, LLC2,000$13.0K0.01%00.0%Unchanged
City Holding Co2,000$12.6K0.00%00.0%Unchanged
Romano Brothers and Company1,557$9.78K0.00%+1,557New
Concord Wealth Partners1,554$9.76K0.00%+1,554New
CWM, LLC1,423$9.00K0.00%+756+113.3%Added
Glassman Wealth Services1,413$8.87K0.00%+1,413New
Money Concepts Capital Corp1,250$7.85K0.00%+1,250New
Trustcore Financial Services, LLC1,199$7.53K0.00%00.0%Unchanged
Pathway Financial Advisers, LLC739$4.64K0.00%+739New
Mascoma Wealth Management LLC670$4.21K0.00%00.0%Unchanged
FNY Investment Advisers, LLC600$3.00K0.00%00.0%Unchanged
U.S. Capital Wealth Advisors, LLC477$3.00K0.00%+477New
Global Retirement Partners, LLC401$2.52K0.00%+401New
Macroview Investment Management LLC400$2.51K0.00%00.0%Unchanged
CoreCap Advisors, LLC100$6280.00%+100New
Private Advisor Group, LLC16,201$1020.00%+601+3.9%Added
Huntington National Bank–$60.00%–New
FMR LLC1$60.00%+1New
Ritholtz Wealth Management0$00.00%−24,617−100.0%Sold out
Kestra Advisory Services, LLC0$00.00%−22,084−100.0%Sold out
Mariner, LLC0$00.00%−17,667−100.0%Sold out
Envestnet Asset Management Inc0$00.00%−13,485−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−10,683−100.0%Sold out
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors0$00.00%−10,290−100.0%Sold out
BDO Wealth Advisors, LLC0$00.00%−3,500−100.0%Sold out
Fifth Third Bancorp0$00.00%−650−100.0%Sold out
Lloyd Park, LLC––––Not filed
American Portfolios Advisors––––Not filed