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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
Huntington National Bank–$60.00%–New
FMR LLC1$60.00%+1New
Private Advisor Group, LLC16,201$1020.00%+601+3.9%Added
CoreCap Advisors, LLC100$6280.00%+100New
Macroview Investment Management LLC400$2.51K0.00%00.0%Unchanged
Global Retirement Partners, LLC401$2.52K0.00%+401New
U.S. Capital Wealth Advisors, LLC477$3.00K0.00%+477New
FNY Investment Advisers, LLC600$3.00K0.00%00.0%Unchanged
Mascoma Wealth Management LLC670$4.21K0.00%00.0%Unchanged
Pathway Financial Advisers, LLC739$4.64K0.00%+739New
Trustcore Financial Services, LLC1,199$7.53K0.00%00.0%Unchanged
Money Concepts Capital Corp1,250$7.85K0.00%+1,250New
Glassman Wealth Services1,413$8.87K0.00%+1,413New
CWM, LLC1,423$9.00K0.00%+756+113.3%Added
Concord Wealth Partners1,554$9.76K0.00%+1,554New
Romano Brothers and Company1,557$9.78K0.00%+1,557New
City Holding Co2,000$12.6K0.00%00.0%Unchanged
Highlander Capital Management, LLC2,000$13.0K0.01%00.0%Unchanged
AdvisorNet Financial, Inc2,116$13.3K0.00%00.0%Unchanged
Tradition Wealth Management, LLC4,111$26.0K0.00%+4,111New
The PNC Financial Services Group, Inc.5,322$33.4K0.00%00.0%Unchanged
Benjamin Edwards Inc5,400$34.0K0.01%00.0%Unchanged
US Bancorp7,149$44.9K0.00%00.0%Unchanged
Ruedi Wealth Management, Inc.7,164$45.0K0.03%+7,164New
Rockefeller Capital Management L.P.8,250$51.0K0.00%−15,000−64.5%Reduced
TCTC Holdings, LLC10,020$62.9K0.00%00.0%Unchanged
HighTower Advisors, LLC10,188$64.0K0.00%+10,188New
Family Asset Management, LLC10,400$65.3K0.05%+10,400New
Great Valley Advisor Group, Inc.10,523$66.1K0.00%+10,523New
Aveo Capital Partners, LLC10,665$67.0K0.01%00.0%Unchanged
Jane Street Group, LLC10,808$67.9K0.00%+10,808New
Mark Stevens11,200$70.0K0.01%00.0%Unchanged
Wedbush Securities Inc11,822$74.0K0.00%00.0%Unchanged
Smallwood Wealth Investment Management, LLC11,806$74.1K0.06%00.0%Unchanged
Fortitude Advisory Group L.L.C.11,873$74.6K0.06%+11,873New
Wealthcare Advisory Partners LLC12,018$75.5K0.00%00.0%Unchanged
Quad-Cities Investment Group, LLC12,381$77.8K0.06%−4,207−25.4%Reduced
Dynamic Advisor Solutions LLC12,636$79.4K0.01%00.0%Unchanged
Procyon Private Wealth Partners, LLC12,803$80.4K0.01%00.0%Unchanged
Calton & Associates, Inc.13,683$85.9K0.03%+13,683New
Steward Partners Investment Advisory, LLC14,268$89.6K0.00%−1,072−7.0%Reduced
Vanguard Capital Wealth Advisors14,320$89.9K0.10%+224+1.6%Added
Hohimer Wealth Management, LLC14,395$90.4K0.03%00.0%Unchanged
United Bank14,400$90.4K0.06%00.0%Unchanged
AE Wealth Management LLC15,260$95.8K0.00%−1,330−8.0%Reduced
AlphaCentric Advisors LLC17,600$110.5K0.11%+13,100+291.1%Added
Financial Advocates Investment Management17,794$111.7K0.01%+714+4.2%Added
United Capital Financial Advisers, LLC17,974$112.9K0.00%−13,047−42.1%Reduced
Fairhaven Wealth Management, LLC18,300$114.9K0.05%+18,300New
Raymond James Trust N.A.19,780$124.0K0.00%00.0%Unchanged
Jupiter Wealth Management LLC20,000$125.0K0.12%00.0%Unchanged
LCNB Corp20,565$129.1K0.06%00.0%Unchanged
Northwestern Mutual Wealth Management Co20,604$129.4K0.00%−582−2.7%Reduced
Ancora Advisors, LLC25,590$161.0K0.00%00.0%Unchanged
Weiss Asset Management LP27,687$173.9K0.01%+27,687New
IHT Wealth Management, LLC32,390$203.4K0.01%+396+1.2%Added
Susquehanna International Group, LLP37,011$232.4K0.00%+37,011New
Moors & Cabot, Inc.45,000$282.6K0.02%+45,000New
Cohen & Steers, Inc.46,870$294.0K0.00%−14,672−23.8%Reduced
UBS Group AG48,395$303.9K0.00%−19,571−28.8%Reduced
Independent Financial Group, LLC51,029$320.5K0.03%−13,595−21.0%Reduced
National Asset Management, Inc.51,260$323.3K0.01%+9,005+21.3%Added
Commonwealth Equity Services, LLC52,016$326.0K0.00%+5,076+10.8%Added
Cambridge Investment Research Advisors, Inc.52,434$329.0K0.00%−198−0.4%Reduced
Royal Bank of Canada53,235$334.0K0.00%−20,924−28.2%Reduced
Gill Capital Partners, LLC61,451$385.9K0.18%00.0%Unchanged
Twin Focus Capital Partners, LLC61,893$388.7K0.08%00.0%Unchanged
Sheaff Brock Investment Advisors, LLC65,132$409.0K0.05%−20,695−24.1%Reduced
Joseph P. Lucia & Associates, LLC73,509$461.6K0.35%−9,938−11.9%Reduced
Providence First Trust Co79,506$499.3K0.29%00.0%Unchanged
Cetera Advisor Networks LLC82,580$518.6K0.00%−2,386−2.8%Reduced
Melfa Wealth Management, LLC90,352$567.4K0.59%+90,352New
Goodwin Daniel L96,112$603.6K0.31%+2,500+2.7%Added
Capital Investment Advisors, LLC103,159$648.0K0.02%−3,400−3.2%Reduced
Advisor Group Holdings, Inc.109,764$690.0K0.00%−2,390−2.1%Reduced
Invesco Ltd.127,993$803.8K0.00%+53,224+71.2%Added
Bank of America Corp129,908$815.8K0.00%−73,890−36.3%Reduced
LPL Financial LLC156,616$983.5K0.00%+20,966+15.5%Added
Avantax Advisory Services, Inc.159,793$1.00M0.01%−37,418−19.0%Reduced
Advisors Asset Management, Inc.163,331$1.03M0.02%+163,331New
Van Eck Associates Corp182,567$1.15M0.00%+29,149+19.0%Added
Raymond James Financial Services Advisors, Inc.230,207$1.45M0.00%−321,330−58.3%Reduced
Keudell/Morrison Wealth Management335,183$2.10M0.68%+91,858+37.8%Added
Wells Fargo & Company354,531$2.23M0.00%−62,997−15.1%Reduced
Kennedy Investment Group378,481$2.38M1.51%+378,481New
Ameriprise Financial Inc495,083$3.11M0.00%+71,901+17.0%Added
Raymond James & Associates648,454$4.07M0.00%−24,202−3.6%Reduced
Morgan Stanley667,650$4.19M0.00%+120,183+22.0%Added
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