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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, Q3 2023

Institutional positions in Franklin Managed Municipal Income Trust as of Sep 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
84
+2 vs. Q2 2023
Shares held
6.16M
+181.4K (+3.0%) vs. Q2 2023
Total value
$33.6M
−$2.77M (−7.6%) vs. Q2 2023
New holders
8
17 more added
Sold out
6
25 more reduced

Compare with Q2 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.

Institutional holdersQ3 2023: 84 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 heldQ3 2023: $33.6M
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, Q3 2023

Shares, value and share of portfolio for each institution holding Franklin Managed Municipal Income Trust; share changes are against Q2 2023.

Institutions holding PMM in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Huntington National Bank–$50.00%––
FMR LLC1$50.00%+1New
Macroview Investment Management LLC400$2.19K0.00%00.0%Unchanged
Pathway Financial Advisers, LLC429$2.35K0.00%+429New
CWM, LLC483$3.00K0.00%−980−67.0%Reduced
FNY Investment Advisers, LLC600$3.00K0.00%00.0%Unchanged
Mascoma Wealth Management LLC670$3.67K0.00%00.0%Unchanged
Concord Wealth Partners1,554$8.50K0.00%00.0%Unchanged
City Holding Co2,000$10.9K0.00%00.0%Unchanged
Highlander Capital Management, LLC2,000$11.0K0.00%00.0%Unchanged
AdvisorNet Financial, Inc2,124$11.6K0.00%00.0%Unchanged
Geneos Wealth Management Inc.2,144$11.7K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.5,322$29.1K0.00%00.0%Unchanged
Benjamin Edwards Inc5,400$30.0K0.01%00.0%Unchanged
US Bancorp7,149$39.1K0.00%00.0%Unchanged
Ruedi Wealth Management, Inc.7,164$39.2K0.02%00.0%Unchanged
Quarry LP8,100$44.3K0.03%00.0%Unchanged
Farther Finance Advisors, LLC9,867$54.0K0.01%+3,649+58.7%Added
TCTC Holdings, LLC10,020$54.8K0.00%00.0%Unchanged
Envestnet Asset Management Inc10,130$55.4K0.00%+10,130New
Family Asset Management, LLC10,400$56.9K0.04%00.0%Unchanged
Quad-Cities Investment Group, LLC10,653$58.3K0.04%−2,158−16.8%Reduced
Independent Financial Group, LLC10,700$58.5K0.00%00.0%Unchanged
Mark Stevens11,200$61.3K0.01%00.0%Unchanged
Kestra Private Wealth Services, LLC11,300$61.8K0.00%+11,300New
Two Sigma Securities, LLC11,658$63.8K0.00%+11,658New
Smallwood Wealth Investment Management, LLC11,806$64.6K0.06%00.0%Unchanged
Wedbush Securities Inc11,822$65.0K0.00%00.0%Unchanged
AE Wealth Management LLC11,935$65.3K0.00%00.0%Unchanged
Integrated Wealth Concepts LLC12,018$65.7K0.00%00.0%Unchanged
Dynamic Advisor Solutions LLC12,636$69.1K0.00%00.0%Unchanged
Procyon Private Wealth Partners, LLC12,803$70.0K0.01%00.0%Unchanged
Raymond James Trust N.A.13,380$73.2K0.00%−6,400−32.4%Reduced
Regal Investment Advisors LLC13,606$74.4K0.01%00.0%Unchanged
Hohimer Wealth Management, LLC14,395$78.7K0.02%00.0%Unchanged
United Bank14,400$78.8K0.05%00.0%Unchanged
United Capital Financial Advisers, LLC14,842$81.2K0.00%−1,678−10.2%Reduced
Fortitude Advisory Group L.L.C.14,998$82.0K0.06%00.0%Unchanged
Parkside Investments, LLC15,000$82.0K0.02%+15,000New
Northwestern Mutual Wealth Management Co15,448$84.5K0.00%−187−1.2%Reduced
Clough Capital Partners L P16,879$92.3K0.01%−7,800−31.6%Reduced
Private Advisor Group, LLC17,347$94.9K0.00%+88+0.5%Added
Financial Advocates Investment Management17,364$95.0K0.01%00.0%Unchanged
Fairhaven Wealth Management, LLC18,300$100.1K0.04%00.0%Unchanged
Virtu Financial LLC18,556$101.0K0.01%−14,910−44.6%Reduced
Archetype Wealth Partners19,000$104.0K0.02%+19,000New
Jupiter Wealth Management LLC20,000$111.4K0.07%00.0%Unchanged
Steward Partners Investment Advisory, LLC20,801$113.8K0.00%+734+3.7%Added
Ancora Advisors, LLC25,590$140.0K0.00%00.0%Unchanged
IHT Wealth Management, LLC33,402$182.7K0.01%+311+0.9%Added
Landscape Capital Management, L.L.C.40,376$220.9K0.03%+2,519+6.7%Added
Cambridge Investment Research Advisors, Inc.41,178$225.0K0.00%−5,369−11.5%Reduced
National Asset Management, Inc.45,312$248.9K0.01%+2,101+4.9%Added
Susquehanna International Group, LLP46,252$253.0K0.00%−4,069−8.1%Reduced
Guggenheim Capital LLC47,526$260.0K0.00%+22,338+88.7%Added
Commonwealth Equity Services, LLC54,424$298.0K0.00%−1,362−2.4%Reduced
Avantax Advisory Services, Inc.58,419$319.5K0.00%−45,414−43.7%Reduced
Sheaff Brock Investment Advisors, LLC59,523$325.6K0.03%−2,377−3.8%Reduced
Moors & Cabot, Inc.60,000$328.2K0.02%+17,500+41.2%Added
Joseph P. Lucia & Associates, LLC60,086$328.7K0.23%−2,412−3.9%Reduced
Gill Capital Partners, LLC61,451$336.1K0.15%00.0%Unchanged
Twin Focus Capital Partners, LLC61,893$338.6K0.08%00.0%Unchanged
Bank of America Corp66,867$365.8K0.00%+11,668+21.1%Added
Wolverine Asset Management LLC74,763$409.0K0.01%+58,381+356.4%Added
Royal Bank of Canada75,679$414.0K0.00%+23,145+44.1%Added
Capital Investment Advisors, LLC92,895$508.1K0.01%−9,598−9.4%Reduced
Melfa Wealth Management, LLC95,836$524.2K0.57%−1,919−2.0%Reduced
Rockefeller Capital Management L.P.96,213$526.3K0.00%−505−0.5%Reduced
Cetera Advisor Networks LLC108,455$593.2K0.00%+1,670+1.6%Added
Advisor Group Holdings, Inc.131,540$719.5K0.00%+11,381+9.5%Added
Goodwin Daniel L132,912$727.0K0.35%+7,000+5.6%Added
LPL Financial LLC160,172$876.1K0.00%−2,413−1.5%Reduced
Invesco Ltd.162,527$889.0K0.00%−3,126−1.9%Reduced
Raymond James Financial Services Advisors, Inc.167,411$915.7K0.00%−67,699−28.8%Reduced
UBS Group AG185,247$1.01M0.00%−8,113−4.2%Reduced
Wells Fargo & Company260,510$1.42M0.00%+48,253+22.7%Added
Advisors Asset Management, Inc.269,324$1.47M0.03%−310.0%Reduced
Robinson Capital Management, LLC285,013$1.50M0.67%+285,013New
Van Eck Associates Corp296,478$1.62M0.00%+43,961+17.4%Added
Kennedy Investment Group305,868$1.67M1.01%−13,420−4.2%Reduced
Keudell/Morrison Wealth Management305,983$1.67M0.51%−14,500−4.5%Reduced
Raymond James & Associates453,676$2.48M0.00%−153,408−25.3%Reduced
Ameriprise Financial Inc457,165$2.50M0.00%−46,774−9.3%Reduced
Morgan Stanley802,472$4.39M0.00%+56,586+7.6%Added
Walleye Capital LLC0$00.00%−24,559−100.0%Sold out
HighTower Advisors, LLC0$00.00%−16,389−100.0%Sold out
Aveo Capital Partners, LLC0$00.00%−10,665−100.0%Sold out
Kestra Advisory Services, LLC0$00.00%−10,020−100.0%Sold out
Tradition Wealth Management, LLC0$00.00%−4,111−100.0%Sold out
JPMorgan Chase & Co0$00.00%−87−100.0%Sold out