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, Q1 2023
Institutional positions in Franklin Managed Municipal Income Trust as of Mar 31, 2023. 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
- 77
- −8 vs. Q4 2022
- Shares held
- 5.62M
- −208.3K (−3.6%) vs. Q4 2022
- Total value
- $34.4M
- −$2.05M (−5.6%) vs. Q4 2022
- New holders
- 6
- 21 more added
- Sold out
- 14
- 16 more reduced
3 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 87 | $65.2M |
| Q1 2026 | 91 | $59.6M |
| Q4 2025 | 90 | $59.4M |
| Q3 2025 | 81 | $49.9M |
| Q2 2025 | 85 | $50.5M |
| Q1 2025 | 82 | $52.2M |
| Q4 2024 | 94 | $47.1M |
| Q3 2024 | 93 | $46.5M |
| Q2 2024 | 84 | $40.7M |
| Q1 2024 | 94 | $38.2M |
| Q4 2023 | 97 | $40.0M |
| Q3 2023 | 84 | $33.6M |
| Q2 2023 | 82 | $36.4M |
| Q1 2023 | 77 | $34.4M |
| Q4 2022 | 88 | $36.6M |
| Q3 2022 | 73 | $30.3M |
| Q2 2022 | 72 | $34.8M |
| Q1 2022 | 79 | $35.9M |
| Q4 2021 | 78 | $42.2M |
| Q3 2021 | 70 | $38.2M |
| Q2 2021 | 71 | $38.9M |
| Q1 2021 | 75 | $38.1M |
Institutions, Q1 2023
Shares, value and share of portfolio for each institution holding Franklin Managed Municipal Income Trust; share changes are against Q4 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Raymond James & Associates | 639,349 | $3.92M | 0.00% | −9,105−1.4% | Reduced |
| Morgan Stanley | 636,956 | $3.90M | 0.00% | −30,694−4.6% | Reduced |
| Ameriprise Financial Inc | 485,959 | $2.98M | 0.00% | −9,124−1.8% | Reduced |
| Keudell/Morrison Wealth Management | 334,883 | $2.05M | 0.60% | −300−0.1% | Reduced |
| Kennedy Investment Group | 325,843 | $2.00M | 1.22% | −52,638−13.9% | Reduced |
| Advisors Asset Management, Inc. | 269,604 | $1.65M | 0.03% | +106,273+65.1% | Added |
| Wells Fargo & Company | 265,173 | $1.63M | 0.00% | −89,358−25.2% | Reduced |
| Raymond James Financial Services Advisors, Inc. | 238,246 | $1.46M | 0.00% | +8,039+3.5% | Added |
| Van Eck Associates Corp | 174,769 | $1.07M | 0.00% | −7,798−4.3% | Reduced |
| Invesco Ltd. | 173,404 | $1.06M | 0.00% | +45,411+35.5% | Added |
| LPL Financial LLC | 171,148 | $1.05M | 0.00% | +14,532+9.3% | Added |
| Avantax Advisory Services, Inc. | 140,309 | $860.1K | 0.01% | −19,484−12.2% | Reduced |
| Goodwin Daniel L | 121,912 | $747.3K | 0.38% | +25,800+26.8% | Added |
| Advisor Group Holdings, Inc. | 116,002 | $711.1K | 0.00% | +6,238+5.7% | Added |
| Cetera Advisor Networks LLC | 106,785 | $654.6K | 0.00% | +24,205+29.3% | Added |
| Capital Investment Advisors, LLC | 103,159 | $632.4K | 0.02% | 00.0% | Unchanged |
| Melfa Wealth Management, LLC | 97,578 | $598.2K | 0.60% | +7,226+8.0% | Added |
| Rockefeller Capital Management L.P. | 91,653 | $561.0K | 0.00% | +83,403+1,010.9% | Added |
| Joseph P. Lucia & Associates, LLC | 66,301 | $406.4K | 0.28% | −7,208−9.8% | Reduced |
| Twin Focus Capital Partners, LLC | 61,893 | $379.4K | 0.08% | 00.0% | Unchanged |
| Gill Capital Partners, LLC | 61,451 | $376.7K | 0.17% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 54,413 | $333.0K | 0.00% | +2,397+4.6% | Added |
| Sheaff Brock Investment Advisors, LLC | 53,900 | $330.4K | 0.03% | −11,232−17.2% | Reduced |
| Independent Financial Group, LLC | 52,529 | $322.0K | 0.03% | +1,500+2.9% | Added |
| Bank of America Corp | 52,480 | $321.7K | 0.00% | −77,428−59.6% | Reduced |
| Royal Bank of Canada | 51,858 | $318.0K | 0.00% | −1,377−2.6% | Reduced |
| National Asset Management, Inc. | 51,500 | $317.1K | 0.01% | +240+0.5% | Added |
| Cambridge Investment Research Advisors, Inc. | 51,624 | $316.0K | 0.00% | −810−1.5% | Reduced |
| Moors & Cabot, Inc. | 40,000 | $245.2K | 0.02% | −5,000−11.1% | Reduced |
| UBS Group AG | 36,139 | $221.5K | 0.00% | −12,256−25.3% | Reduced |
| IHT Wealth Management, LLC | 32,753 | $200.8K | 0.01% | +363+1.1% | Added |
| Ancora Advisors, LLC | 25,590 | $156.9K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 20,620 | $126.4K | 0.00% | +16+0.1% | Added |
| Jupiter Wealth Management LLC | 20,000 | $122.6K | 0.11% | 00.0% | Unchanged |
| Grey Street Capital, LLC | 19,884 | $121.9K | 0.09% | +19,884 | New |
| Raymond James Trust N.A. | 19,780 | $121.0K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 18,760 | $115.0K | 0.00% | +4,492+31.5% | Added |
| Financial Advocates Investment Management | 18,308 | $112.2K | 0.01% | +514+2.9% | Added |
| United Capital Financial Advisers, LLC | 17,974 | $110.2K | 0.00% | 00.0% | Unchanged |
| Private Advisor Group, LLC | 17,164 | $105.2K | 0.00% | +963+5.9% | Added |
| AlphaCentric Advisors LLC | 16,500 | $101.1K | 0.07% | −1,100−6.3% | Reduced |
| AE Wealth Management LLC | 15,260 | $93.5K | 0.00% | 00.0% | Unchanged |
| United Bank | 14,400 | $88.3K | 0.05% | 00.0% | Unchanged |
| Hohimer Wealth Management, LLC | 14,395 | $88.2K | 0.03% | 00.0% | Unchanged |
| Fortitude Advisory Group L.L.C. | 14,000 | $85.8K | 0.07% | +2,127+17.9% | Added |
| Procyon Private Wealth Partners, LLC | 12,803 | $78.5K | 0.01% | 00.0% | Unchanged |
| Dynamic Advisor Solutions LLC | 12,636 | $77.5K | 0.00% | 00.0% | Unchanged |
| Quad-Cities Investment Group, LLC | 12,561 | $77.0K | 0.05% | +180+1.5% | Added |
| Smallwood Wealth Investment Management, LLC | 11,806 | $72.4K | 0.07% | 00.0% | Unchanged |
| Wedbush Securities Inc | 11,822 | $72.0K | 0.00% | 00.0% | Unchanged |
| Jane Street Group, LLC | 11,349 | $69.6K | 0.00% | +541+5.0% | Added |
| Mark Stevens | 11,200 | $68.7K | 0.01% | 00.0% | Unchanged |
| Aveo Capital Partners, LLC | 10,665 | $65.4K | 0.01% | 00.0% | Unchanged |
| Great Valley Advisor Group, Inc. | 10,523 | $64.5K | 0.00% | 00.0% | Unchanged |
| Family Asset Management, LLC | 10,400 | $63.8K | 0.05% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 10,188 | $62.0K | 0.00% | 00.0% | Unchanged |
| TCTC Holdings, LLC | 10,020 | $61.4K | 0.00% | 00.0% | Unchanged |
| Nomura Holdings Inc | 10,000 | $61.3K | 0.00% | +10,000 | New |
| Motco | 9,900 | $60.7K | 0.00% | +9,900 | New |
| Ruedi Wealth Management, Inc. | 7,164 | $43.9K | 0.03% | 00.0% | Unchanged |
| US Bancorp | 7,149 | $43.8K | 0.00% | 00.0% | Unchanged |
| Benjamin Edwards Inc | 5,400 | $33.0K | 0.01% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 5,322 | $32.6K | 0.00% | 00.0% | Unchanged |
| Tradition Wealth Management, LLC | 4,111 | $25.0K | 0.00% | 00.0% | Unchanged |
| International Assets Investment Management, LLC | 3,940 | $24.2K | 0.00% | +3,940 | New |
| Ameritas Advisory Services, LLC | 3,000 | $17.8K | 0.00% | +3,000 | New |
| Geneos Wealth Management Inc. | 2,144 | $13.1K | 0.00% | +2,144 | New |
| AdvisorNet Financial, Inc | 2,116 | $13.0K | 0.00% | 00.0% | Unchanged |
| City Holding Co | 2,000 | $12.3K | 0.00% | 00.0% | Unchanged |
| Highlander Capital Management, LLC | 2,000 | $12.0K | 0.01% | 00.0% | Unchanged |
| Concord Wealth Partners | 1,554 | $9.53K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 1,443 | $9.00K | 0.00% | +20+1.4% | Added |
| Pathway Financial Advisers, LLC | 739 | $4.53K | 0.00% | 00.0% | Unchanged |
| Mascoma Wealth Management LLC | 670 | $4.05K | 0.00% | 00.0% | Unchanged |
| FNY Investment Advisers, LLC | 600 | $3.00K | 0.00% | 00.0% | Unchanged |
| Macroview Investment Management LLC | 400 | $2.45K | 0.00% | 00.0% | Unchanged |
| Huntington National Bank | – | $6 | 0.00% | – | – |
| Providence First Trust Co | 0 | $0 | 0.00% | −79,506−100.0% | Sold out |
| Cohen & Steers, Inc. | 0 | $0 | 0.00% | −46,870−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −37,011−100.0% | Sold out |
| Weiss Asset Management LP | 0 | $0 | 0.00% | −27,687−100.0% | Sold out |
| LCNB Corp | 0 | $0 | 0.00% | −20,565−100.0% | Sold out |
| Vanguard Capital Wealth Advisors | 0 | $0 | 0.00% | −14,320−100.0% | Sold out |
| Calton & Associates, Inc. | 0 | $0 | 0.00% | −13,683−100.0% | Sold out |
| Wealthcare Advisory Partners LLC | 0 | $0 | 0.00% | −12,018−100.0% | Sold out |
| Romano Brothers and Company | 0 | $0 | 0.00% | −1,557−100.0% | Sold out |
| Glassman Wealth Services | 0 | $0 | 0.00% | −1,413−100.0% | Sold out |
| Money Concepts Capital Corp | 0 | $0 | 0.00% | −1,250−100.0% | Sold out |
| U.S. Capital Wealth Advisors, LLC | 0 | $0 | 0.00% | −477−100.0% | Sold out |
| Global Retirement Partners, LLC | 0 | $0 | 0.00% | −401−100.0% | Sold out |
| FMR LLC | 0 | $0 | 0.00% | −1−100.0% | Sold out |
| Fairhaven Wealth Management, LLC | – | – | – | – | Not filed |
| Trustcore Financial Services, LLC | – | – | – | – | Not filed |
| CoreCap Advisors, LLC | – | – | – | – | Not filed |