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 2023
Institutional positions in Franklin Managed Municipal Income Trust as of Dec 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
- 97
- +15 vs. Q3 2023
- Shares held
- 6.58M
- +559.2K (+9.3%) vs. Q3 2023
- Total value
- $40.0M
- +$7.14M (+21.7%) vs. Q3 2023
- New holders
- 24
- 16 more added
- Sold out
- 9
- 28 more reduced
2 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2023
Shares, value and share of portfolio for each institution holding Franklin Managed Municipal Income Trust; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Wells Fargo & Company | 632,419 | $3.85M | 0.00% | +371,909+142.8% | Added |
| Morgan Stanley | 470,364 | $2.86M | 0.00% | −332,108−41.4% | Reduced |
| Raymond James & Associates | 427,727 | $2.60M | 0.00% | −25,949−5.7% | Reduced |
| Advisors Asset Management, Inc. | 406,629 | $2.47M | 0.05% | +137,305+51.0% | Added |
| Robinson Capital Management, LLC | 404,437 | $2.47M | 0.88% | +119,424+41.9% | Added |
| Ameriprise Financial Inc | 375,770 | $2.28M | 0.00% | −81,395−17.8% | Reduced |
| Van Eck Associates Corp | 335,394 | $2.04M | 0.00% | +38,916+13.1% | Added |
| Kennedy Investment Group | 293,532 | $1.78M | 1.00% | −12,336−4.0% | Reduced |
| Rothschild Investment LLC | 253,067 | $1.54M | 0.13% | +253,067 | New |
| Sit Investment Associates Inc | 241,331 | $1.47M | 0.04% | +241,331 | New |
| UBS Group AG | 184,389 | $1.12M | 0.00% | −858−0.5% | Reduced |
| Keudell/Morrison Wealth Management | 172,358 | $1.05M | 0.35% | −133,625−43.7% | Reduced |
| Invesco Ltd. | 150,855 | $917.2K | 0.00% | −11,672−7.2% | Reduced |
| LPL Financial LLC | 144,200 | $876.7K | 0.00% | −15,972−10.0% | Reduced |
| Advisor Group Holdings, Inc. | 119,319 | $725.5K | 0.00% | −12,221−9.3% | Reduced |
| Landscape Capital Management, L.L.C. | 104,517 | $635.5K | 0.06% | +64,141+158.9% | Added |
| Rockefeller Capital Management L.P. | 100,086 | $608.5K | 0.00% | +3,873+4.0% | Added |
| Melfa Wealth Management, LLC | 95,933 | $583.3K | 0.55% | +97+0.1% | Added |
| Cetera Advisor Networks LLC | 92,417 | $561.9K | 0.00% | −16,038−14.8% | Reduced |
| Capital Investment Advisors, LLC | 90,016 | $547.3K | 0.01% | −2,879−3.1% | Reduced |
| Raymond James Financial Services Advisors, Inc. | 85,915 | $522.4K | 0.00% | −81,496−48.7% | Reduced |
| Sheaff Brock Investment Advisors, LLC | 68,670 | $417.5K | 0.04% | +9,147+15.4% | Added |
| Twin Focus Capital Partners, LLC | 61,893 | $376.3K | 0.08% | 00.0% | Unchanged |
| Royal Bank of Canada | 59,028 | $359.0K | 0.00% | −16,651−22.0% | Reduced |
| Joseph P. Lucia & Associates, LLC | 55,260 | $336.0K | 0.21% | −4,826−8.0% | Reduced |
| Commonwealth Equity Services, LLC | 54,421 | $331.0K | 0.00% | −30.0% | Reduced |
| Avantax Advisory Services, Inc. | 52,089 | $316.7K | 0.00% | −6,330−10.8% | Reduced |
| Advisor Resource Council | 49,300 | $299.7K | 0.03% | +49,300 | New |
| Guggenheim Capital LLC | 46,289 | $281.4K | 0.00% | −1,237−2.6% | Reduced |
| National Asset Management, Inc. | 43,427 | $265.1K | 0.01% | −1,885−4.2% | Reduced |
| Gill Capital Partners, LLC | 41,537 | $252.5K | 0.11% | −19,914−32.4% | Reduced |
| Tyche Wealth Partners LLC | 39,722 | $241.5K | 0.06% | +39,722 | New |
| Cambridge Investment Research Advisors, Inc. | 39,699 | $241.0K | 0.00% | −1,479−3.6% | Reduced |
| Bank of America Corp | 38,443 | $233.7K | 0.00% | −28,424−42.5% | Reduced |
| Archetype Wealth Partners | 37,000 | $225.0K | 0.04% | +18,000+94.7% | Added |
| IHT Wealth Management, LLC | 33,748 | $205.2K | 0.01% | +346+1.0% | Added |
| Concurrent Investment Advisors, LLC | 27,890 | $169.6K | 0.01% | +27,890 | New |
| Mariner, LLC | 26,280 | $159.8K | 0.00% | +26,280 | New |
| Burford Brothers, Inc. | 25,850 | $157.2K | 0.11% | +25,850 | New |
| Saba Capital Management, L.P. | 22,770 | $138.4K | 0.00% | +22,770 | New |
| Stonebrook Private Inc. | 21,661 | $131.7K | 0.04% | +21,661 | New |
| Steward Partners Investment Advisory, LLC | 21,000 | $127.7K | 0.00% | +199+1.0% | Added |
| Moors & Cabot, Inc. | 20,000 | $121.6K | 0.01% | −40,000−66.7% | Reduced |
| Jupiter Wealth Management LLC | 20,000 | $121.6K | 0.07% | 00.0% | Unchanged |
| Aristides Capital LLC | 19,900 | $121.0K | 0.06% | +19,900 | New |
| Fortitude Advisory Group L.L.C. | 18,764 | $114.1K | 0.07% | +3,766+25.1% | Added |
| Fairhaven Wealth Management, LLC | 18,300 | $111.3K | 0.04% | 00.0% | Unchanged |
| Financial Advocates Investment Management | 18,039 | $109.7K | 0.01% | +675+3.9% | Added |
| Spire Wealth Management | 17,464 | $106.5K | 0.00% | +17,464 | New |
| Dakota Wealth Management | 15,933 | $96.9K | 0.00% | +15,933 | New |
| Parkside Investments, LLC | 15,000 | $91.2K | 0.02% | 00.0% | Unchanged |
| Capital Investment Counsel, LLC | 15,000 | $91.2K | 0.03% | +15,000 | New |
| United Bank | 14,400 | $87.6K | 0.05% | 00.0% | Unchanged |
| Hohimer Wealth Management, LLC | 14,395 | $87.5K | 0.02% | 00.0% | Unchanged |
| Clear Creek Financial Management, LLC | 14,350 | $87.2K | 0.01% | +14,350 | New |
| Northwestern Mutual Wealth Management Co | 14,264 | $86.7K | 0.00% | −1,184−7.7% | Reduced |
| Jane Street Group, LLC | 14,185 | $86.2K | 0.00% | +14,185 | New |
| Regal Investment Advisors LLC | 13,606 | $82.7K | 0.01% | 00.0% | Unchanged |
| Raymond James Trust N.A. | 13,380 | $81.3K | 0.00% | 00.0% | Unchanged |
| Private Advisor Group, LLC | 13,244 | $80.5K | 0.00% | −4,103−23.7% | Reduced |
| Kestra Private Wealth Services, LLC | 13,244 | $80.5K | 0.00% | +1,944+17.2% | Added |
| United Capital Financial Advisers, LLC | 12,902 | $78.4K | 0.00% | −1,940−13.1% | Reduced |
| Procyon Private Wealth Partners, LLC | 12,803 | $77.8K | 0.01% | 00.0% | Unchanged |
| Integrated Wealth Concepts LLC | 12,018 | $73.1K | 0.00% | 00.0% | Unchanged |
| AE Wealth Management LLC | 11,935 | $72.2K | 0.00% | 00.0% | Unchanged |
| Smallwood Wealth Investment Management, LLC | 11,806 | $71.8K | 0.06% | 00.0% | Unchanged |
| Gilliland Jeter Wealth Management LLC | 11,655 | $70.9K | 0.03% | +11,655 | New |
| GWM Advisors LLC | 11,720 | $70.6K | 0.00% | +11,720 | New |
| HTLF Bank | 11,200 | $68.1K | 0.01% | +11,200 | New |
| Quad-Cities Investment Group, LLC | 10,836 | $66.6K | 0.04% | +183+1.7% | Added |
| Independent Financial Group, LLC | 10,700 | $65.1K | 0.00% | 00.0% | Unchanged |
| Wedbush Securities Inc | 10,670 | $65.0K | 0.00% | −1,152−9.7% | Reduced |
| Family Asset Management, LLC | 10,400 | $63.2K | 0.04% | 00.0% | Unchanged |
| Nomura Holdings Inc | 10,400 | $63.2K | 0.00% | +10,400 | New |
| Susquehanna International Group, LLP | 10,385 | $63.1K | 0.00% | −35,867−77.5% | Reduced |
| TCTC Holdings, LLC | 10,020 | $60.9K | 0.00% | 00.0% | Unchanged |
| AlphaCentric Advisors LLC | 8,125 | $49.4K | 0.03% | +8,125 | New |
| Ruedi Wealth Management, Inc. | 7,164 | $43.6K | 0.02% | 00.0% | Unchanged |
| US Bancorp | 7,149 | $43.5K | 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 | $32.4K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 4,710 | $28.6K | 0.00% | −5,157−52.3% | Reduced |
| Truvestments Capital LLC | 4,000 | $24.3K | 0.01% | +4,000 | New |
| Geneos Wealth Management Inc. | 2,144 | $13.0K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 2,124 | $12.9K | 0.00% | 00.0% | Unchanged |
| Highlander Capital Management, LLC | 2,000 | $12.2K | 0.00% | 00.0% | Unchanged |
| City Holding Co | 2,000 | $12.2K | 0.00% | 00.0% | Unchanged |
| Concord Wealth Partners | 1,554 | $9.45K | 0.00% | 00.0% | Unchanged |
| Northwest Financial Advisors | 1,247 | $7.58K | 0.01% | +1,247 | New |
| Capital Analysts, LLC | 1,059 | $6.00K | 0.00% | +1,059 | New |
| Mascoma Wealth Management LLC | 670 | $4.07K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 489 | $3.00K | 0.00% | +6+1.2% | Added |
| FNY Investment Advisers, LLC | 600 | $3.00K | 0.00% | 00.0% | Unchanged |
| Pathway Financial Advisers, LLC | 429 | $2.61K | 0.00% | 00.0% | Unchanged |
| Macroview Investment Management LLC | 400 | $2.43K | 0.00% | 00.0% | Unchanged |
| Disciplined Equity Management, Inc. | 140 | $852 | 0.00% | +140 | New |
| Huntington National Bank | – | $6 | 0.00% | – | – |
| Wolverine Asset Management LLC | 0 | $0 | 0.00% | −74,763−100.0% | Sold out |
| Ancora Advisors, LLC | 0 | $0 | 0.00% | −25,590−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −18,556−100.0% | Sold out |