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, Q2 2023
Institutional positions in Franklin Managed Municipal Income Trust as of Jun 30, 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
- 82
- +6 vs. Q1 2023
- Shares held
- 5.98M
- +362.8K (+6.5%) vs. Q1 2023
- Total value
- $36.4M
- +$1.98M (+5.7%) vs. Q1 2023
- New holders
- 14
- 21 more added
- Sold out
- 8
- 18 more reduced
1 institution that held it in Q1 2023 haven't filed for Q2 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2023: 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, Q2 2023
Shares, value and share of portfolio for each institution holding Franklin Managed Municipal Income Trust; share changes are against Q1 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Morgan Stanley | 745,886 | $4.54M | 0.00% | +108,930+17.1% | Added |
| Raymond James & Associates | 607,084 | $3.70M | 0.00% | −32,265−5.0% | Reduced |
| Ameriprise Financial Inc | 503,939 | $3.06M | 0.00% | +17,980+3.7% | Added |
| Keudell/Morrison Wealth Management | 320,483 | $1.95M | 0.56% | −14,400−4.3% | Reduced |
| Kennedy Investment Group | 319,288 | $1.94M | 1.14% | −6,555−2.0% | Reduced |
| Advisors Asset Management, Inc. | 269,355 | $1.64M | 0.03% | −249−0.1% | Reduced |
| Van Eck Associates Corp | 252,517 | $1.54M | 0.00% | +77,748+44.5% | Added |
| Raymond James Financial Services Advisors, Inc. | 235,110 | $1.43M | 0.00% | −3,136−1.3% | Reduced |
| Wells Fargo & Company | 212,257 | $1.29M | 0.00% | −52,916−20.0% | Reduced |
| UBS Group AG | 193,360 | $1.18M | 0.00% | +157,221+435.0% | Added |
| Invesco Ltd. | 165,653 | $1.01M | 0.00% | −7,751−4.5% | Reduced |
| LPL Financial LLC | 162,585 | $990.1K | 0.00% | −8,563−5.0% | Reduced |
| Goodwin Daniel L | 125,912 | $766.8K | 0.37% | +4,000+3.3% | Added |
| Advisor Group Holdings, Inc. | 120,159 | $731.8K | 0.00% | +4,157+3.6% | Added |
| Cetera Advisor Networks LLC | 106,785 | $650.3K | 0.00% | 00.0% | Unchanged |
| Avantax Advisory Services, Inc. | 103,833 | $632.3K | 0.01% | −36,476−26.0% | Reduced |
| Capital Investment Advisors, LLC | 102,493 | $624.2K | 0.02% | −666−0.6% | Reduced |
| Melfa Wealth Management, LLC | 97,755 | $595.3K | 0.60% | +177+0.2% | Added |
| Rockefeller Capital Management L.P. | 96,718 | $589.0K | 0.00% | +5,065+5.5% | Added |
| Joseph P. Lucia & Associates, LLC | 62,498 | $380.6K | 0.25% | −3,803−5.7% | Reduced |
| Sheaff Brock Investment Advisors, LLC | 61,900 | $377.0K | 0.04% | +8,000+14.8% | Added |
| Twin Focus Capital Partners, LLC | 61,893 | $376.9K | 0.08% | 00.0% | Unchanged |
| Gill Capital Partners, LLC | 61,451 | $374.2K | 0.16% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 55,786 | $340.0K | 0.00% | +1,373+2.5% | Added |
| Bank of America Corp | 55,199 | $336.2K | 0.00% | +2,719+5.2% | Added |
| Royal Bank of Canada | 52,534 | $320.0K | 0.00% | +676+1.3% | Added |
| Susquehanna International Group, LLP | 50,321 | $306.5K | 0.00% | +50,321 | New |
| Cambridge Investment Research Advisors, Inc. | 46,547 | $283.0K | 0.00% | −5,077−9.8% | Reduced |
| National Asset Management, Inc. | 43,211 | $264.2K | 0.01% | −8,289−16.1% | Reduced |
| Moors & Cabot, Inc. | 42,500 | $258.8K | 0.02% | +2,500+6.3% | Added |
| Landscape Capital Management, L.L.C. | 37,857 | $230.5K | 0.03% | +37,857 | New |
| Virtu Financial LLC | 33,466 | $204.0K | 0.02% | +33,466 | New |
| IHT Wealth Management, LLC | 33,091 | $201.5K | 0.01% | +338+1.0% | Added |
| Ancora Advisors, LLC | 25,590 | $155.8K | 0.00% | 00.0% | Unchanged |
| Guggenheim Capital LLC | 25,188 | $153.4K | 0.00% | +25,188 | New |
| Clough Capital Partners L P | 24,679 | $150.3K | 0.02% | +24,679 | New |
| Walleye Capital LLC | 24,559 | $149.6K | 0.00% | +24,559 | New |
| Steward Partners Investment Advisory, LLC | 20,067 | $122.2K | 0.00% | +1,307+7.0% | Added |
| Jupiter Wealth Management LLC | 20,000 | $121.8K | 0.10% | 00.0% | Unchanged |
| Raymond James Trust N.A. | 19,780 | $120.0K | 0.00% | 00.0% | Unchanged |
| Fairhaven Wealth Management, LLC | 18,300 | $111.4K | 0.04% | +18,300 | New |
| Financial Advocates Investment Management | 17,364 | $105.7K | 0.01% | −944−5.2% | Reduced |
| Private Advisor Group, LLC | 17,259 | $105.1K | 0.00% | +95+0.6% | Added |
| United Capital Financial Advisers, LLC | 16,520 | $100.6K | 0.00% | −1,454−8.1% | Reduced |
| HighTower Advisors, LLC | 16,389 | $100.0K | 0.00% | +6,201+60.9% | Added |
| Wolverine Asset Management LLC | 16,382 | $99.8K | 0.00% | +16,382 | New |
| Northwestern Mutual Wealth Management Co | 15,635 | $95.2K | 0.00% | −4,985−24.2% | Reduced |
| Fortitude Advisory Group L.L.C. | 14,998 | $91.3K | 0.07% | +998+7.1% | Added |
| United Bank | 14,400 | $87.7K | 0.05% | 00.0% | Unchanged |
| Hohimer Wealth Management, LLC | 14,395 | $87.7K | 0.02% | 00.0% | Unchanged |
| Regal Investment Advisors LLC | 13,606 | $82.9K | 0.01% | +13,606 | New |
| Quad-Cities Investment Group, LLC | 12,811 | $78.0K | 0.05% | +250+2.0% | Added |
| Procyon Private Wealth Partners, LLC | 12,803 | $78.0K | 0.01% | 00.0% | Unchanged |
| Dynamic Advisor Solutions LLC | 12,636 | $77.0K | 0.00% | 00.0% | Unchanged |
| Integrated Wealth Concepts LLC | 12,018 | $73.2K | 0.00% | +12,018 | New |
| AE Wealth Management LLC | 11,935 | $72.7K | 0.00% | −3,325−21.8% | Reduced |
| Wedbush Securities Inc | 11,822 | $72.0K | 0.00% | 00.0% | Unchanged |
| Smallwood Wealth Investment Management, LLC | 11,806 | $71.9K | 0.06% | 00.0% | Unchanged |
| Mark Stevens | 11,200 | $68.2K | 0.01% | 00.0% | Unchanged |
| Independent Financial Group, LLC | 10,700 | $65.2K | 0.00% | −41,829−79.6% | Reduced |
| Aveo Capital Partners, LLC | 10,665 | $65.0K | 0.01% | 00.0% | Unchanged |
| Family Asset Management, LLC | 10,400 | $63.3K | 0.04% | 00.0% | Unchanged |
| TCTC Holdings, LLC | 10,020 | $61.0K | 0.00% | 00.0% | Unchanged |
| Kestra Advisory Services, LLC | 10,020 | $61.0K | 0.00% | +10,020 | New |
| Quarry LP | 8,100 | $49.3K | 0.03% | +8,100 | New |
| Ruedi Wealth Management, Inc. | 7,164 | $43.6K | 0.03% | 00.0% | Unchanged |
| US Bancorp | 7,149 | $43.5K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 6,218 | $37.9K | 0.01% | +6,218 | New |
| Benjamin Edwards Inc | 5,400 | $33.0K | 0.01% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 5,322 | $32.4K | 0.00% | 00.0% | Unchanged |
| Tradition Wealth Management, LLC | 4,111 | $25.0K | 0.00% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 2,144 | $13.1K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 2,124 | $12.9K | 0.00% | +8+0.4% | Added |
| City Holding Co | 2,000 | $12.2K | 0.00% | 00.0% | Unchanged |
| Highlander Capital Management, LLC | 2,000 | $12.0K | 0.01% | 00.0% | Unchanged |
| Concord Wealth Partners | 1,554 | $9.46K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 1,463 | $9.00K | 0.00% | +20+1.4% | Added |
| Mascoma Wealth Management LLC | 670 | $3.89K | 0.00% | 00.0% | Unchanged |
| FNY Investment Advisers, LLC | 600 | $3.00K | 0.00% | 00.0% | Unchanged |
| Macroview Investment Management LLC | 400 | $2.44K | 0.00% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 87 | $530 | 0.00% | +87 | New |
| Huntington National Bank | – | $6 | 0.00% | – | – |
| Grey Street Capital, LLC | 0 | $0 | 0.00% | −19,884−100.0% | Sold out |
| AlphaCentric Advisors LLC | 0 | $0 | 0.00% | −16,500−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −11,349−100.0% | Sold out |
| Great Valley Advisor Group, Inc. | 0 | $0 | 0.00% | −10,523−100.0% | Sold out |
| Nomura Holdings Inc | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| Motco | 0 | $0 | 0.00% | −9,900−100.0% | Sold out |
| International Assets Investment Management, LLC | 0 | $0 | 0.00% | −3,940−100.0% | Sold out |
| Ameritas Advisory Services, LLC | 0 | $0 | 0.00% | −3,000−100.0% | Sold out |
| Pathway Financial Advisers, LLC | – | – | – | – | Not filed |