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 |
|---|---|---|---|---|---|
| Huntington National Bank | – | $6 | 0.00% | – | – |
| Disciplined Equity Management, Inc. | 140 | $852 | 0.00% | +140 | New |
| Macroview Investment Management LLC | 400 | $2.43K | 0.00% | 00.0% | Unchanged |
| Pathway Financial Advisers, LLC | 429 | $2.61K | 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 |
| Mascoma Wealth Management LLC | 670 | $4.07K | 0.00% | 00.0% | Unchanged |
| Capital Analysts, LLC | 1,059 | $6.00K | 0.00% | +1,059 | New |
| Northwest Financial Advisors | 1,247 | $7.58K | 0.01% | +1,247 | New |
| Concord Wealth Partners | 1,554 | $9.45K | 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 |
| AdvisorNet Financial, Inc | 2,124 | $12.9K | 0.00% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 2,144 | $13.0K | 0.00% | 00.0% | Unchanged |
| Truvestments Capital LLC | 4,000 | $24.3K | 0.01% | +4,000 | New |
| Farther Finance Advisors, LLC | 4,710 | $28.6K | 0.00% | −5,157−52.3% | Reduced |
| The PNC Financial Services Group, Inc. | 5,322 | $32.4K | 0.00% | 00.0% | Unchanged |
| Benjamin Edwards Inc | 5,400 | $33.0K | 0.01% | 00.0% | Unchanged |
| US Bancorp | 7,149 | $43.5K | 0.00% | 00.0% | Unchanged |
| Ruedi Wealth Management, Inc. | 7,164 | $43.6K | 0.02% | 00.0% | Unchanged |
| AlphaCentric Advisors LLC | 8,125 | $49.4K | 0.03% | +8,125 | New |
| TCTC Holdings, LLC | 10,020 | $60.9K | 0.00% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 10,385 | $63.1K | 0.00% | −35,867−77.5% | 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 |
| Wedbush Securities Inc | 10,670 | $65.0K | 0.00% | −1,152−9.7% | Reduced |
| Independent Financial Group, LLC | 10,700 | $65.1K | 0.00% | 00.0% | Unchanged |
| Quad-Cities Investment Group, LLC | 10,836 | $66.6K | 0.04% | +183+1.7% | Added |
| HTLF Bank | 11,200 | $68.1K | 0.01% | +11,200 | New |
| GWM Advisors LLC | 11,720 | $70.6K | 0.00% | +11,720 | New |
| Gilliland Jeter Wealth Management LLC | 11,655 | $70.9K | 0.03% | +11,655 | New |
| Smallwood Wealth Investment Management, LLC | 11,806 | $71.8K | 0.06% | 00.0% | Unchanged |
| AE Wealth Management LLC | 11,935 | $72.2K | 0.00% | 00.0% | Unchanged |
| Integrated Wealth Concepts LLC | 12,018 | $73.1K | 0.00% | 00.0% | Unchanged |
| Procyon Private Wealth Partners, LLC | 12,803 | $77.8K | 0.01% | 00.0% | Unchanged |
| United Capital Financial Advisers, LLC | 12,902 | $78.4K | 0.00% | −1,940−13.1% | Reduced |
| Kestra Private Wealth Services, LLC | 13,244 | $80.5K | 0.00% | +1,944+17.2% | Added |
| Private Advisor Group, LLC | 13,244 | $80.5K | 0.00% | −4,103−23.7% | Reduced |
| Raymond James Trust N.A. | 13,380 | $81.3K | 0.00% | 00.0% | Unchanged |
| Regal Investment Advisors LLC | 13,606 | $82.7K | 0.01% | 00.0% | Unchanged |
| Jane Street Group, LLC | 14,185 | $86.2K | 0.00% | +14,185 | New |
| Northwestern Mutual Wealth Management Co | 14,264 | $86.7K | 0.00% | −1,184−7.7% | Reduced |
| Clear Creek Financial Management, LLC | 14,350 | $87.2K | 0.01% | +14,350 | New |
| Hohimer Wealth Management, LLC | 14,395 | $87.5K | 0.02% | 00.0% | Unchanged |
| United Bank | 14,400 | $87.6K | 0.05% | 00.0% | Unchanged |
| 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 |
| Dakota Wealth Management | 15,933 | $96.9K | 0.00% | +15,933 | New |
| Spire Wealth Management | 17,464 | $106.5K | 0.00% | +17,464 | New |
| Financial Advocates Investment Management | 18,039 | $109.7K | 0.01% | +675+3.9% | Added |
| Fairhaven Wealth Management, LLC | 18,300 | $111.3K | 0.04% | 00.0% | Unchanged |
| Fortitude Advisory Group L.L.C. | 18,764 | $114.1K | 0.07% | +3,766+25.1% | Added |
| Aristides Capital LLC | 19,900 | $121.0K | 0.06% | +19,900 | New |
| 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 |
| Steward Partners Investment Advisory, LLC | 21,000 | $127.7K | 0.00% | +199+1.0% | Added |
| Stonebrook Private Inc. | 21,661 | $131.7K | 0.04% | +21,661 | New |
| Saba Capital Management, L.P. | 22,770 | $138.4K | 0.00% | +22,770 | New |
| Burford Brothers, Inc. | 25,850 | $157.2K | 0.11% | +25,850 | New |
| Mariner, LLC | 26,280 | $159.8K | 0.00% | +26,280 | New |
| Concurrent Investment Advisors, LLC | 27,890 | $169.6K | 0.01% | +27,890 | New |
| IHT Wealth Management, LLC | 33,748 | $205.2K | 0.01% | +346+1.0% | Added |
| Archetype Wealth Partners | 37,000 | $225.0K | 0.04% | +18,000+94.7% | Added |
| Bank of America Corp | 38,443 | $233.7K | 0.00% | −28,424−42.5% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 39,699 | $241.0K | 0.00% | −1,479−3.6% | Reduced |
| Tyche Wealth Partners LLC | 39,722 | $241.5K | 0.06% | +39,722 | New |
| Gill Capital Partners, LLC | 41,537 | $252.5K | 0.11% | −19,914−32.4% | Reduced |
| National Asset Management, Inc. | 43,427 | $265.1K | 0.01% | −1,885−4.2% | Reduced |
| Guggenheim Capital LLC | 46,289 | $281.4K | 0.00% | −1,237−2.6% | Reduced |
| Advisor Resource Council | 49,300 | $299.7K | 0.03% | +49,300 | New |
| Avantax Advisory Services, Inc. | 52,089 | $316.7K | 0.00% | −6,330−10.8% | Reduced |
| Commonwealth Equity Services, LLC | 54,421 | $331.0K | 0.00% | −30.0% | Reduced |
| Joseph P. Lucia & Associates, LLC | 55,260 | $336.0K | 0.21% | −4,826−8.0% | Reduced |
| Royal Bank of Canada | 59,028 | $359.0K | 0.00% | −16,651−22.0% | Reduced |
| Twin Focus Capital Partners, LLC | 61,893 | $376.3K | 0.08% | 00.0% | Unchanged |
| Sheaff Brock Investment Advisors, LLC | 68,670 | $417.5K | 0.04% | +9,147+15.4% | Added |
| Raymond James Financial Services Advisors, Inc. | 85,915 | $522.4K | 0.00% | −81,496−48.7% | Reduced |
| Capital Investment Advisors, LLC | 90,016 | $547.3K | 0.01% | −2,879−3.1% | Reduced |
| Cetera Advisor Networks LLC | 92,417 | $561.9K | 0.00% | −16,038−14.8% | Reduced |
| Melfa Wealth Management, LLC | 95,933 | $583.3K | 0.55% | +97+0.1% | Added |
| Rockefeller Capital Management L.P. | 100,086 | $608.5K | 0.00% | +3,873+4.0% | Added |
| Landscape Capital Management, L.L.C. | 104,517 | $635.5K | 0.06% | +64,141+158.9% | Added |
| Advisor Group Holdings, Inc. | 119,319 | $725.5K | 0.00% | −12,221−9.3% | Reduced |
| LPL Financial LLC | 144,200 | $876.7K | 0.00% | −15,972−10.0% | Reduced |
| Invesco Ltd. | 150,855 | $917.2K | 0.00% | −11,672−7.2% | Reduced |
| Keudell/Morrison Wealth Management | 172,358 | $1.05M | 0.35% | −133,625−43.7% | Reduced |
| UBS Group AG | 184,389 | $1.12M | 0.00% | −858−0.5% | Reduced |
| Sit Investment Associates Inc | 241,331 | $1.47M | 0.04% | +241,331 | New |
| Rothschild Investment LLC | 253,067 | $1.54M | 0.13% | +253,067 | New |
| Kennedy Investment Group | 293,532 | $1.78M | 1.00% | −12,336−4.0% | Reduced |
| Van Eck Associates Corp | 335,394 | $2.04M | 0.00% | +38,916+13.1% | Added |
| Ameriprise Financial Inc | 375,770 | $2.28M | 0.00% | −81,395−17.8% | Reduced |
| Robinson Capital Management, LLC | 404,437 | $2.47M | 0.88% | +119,424+41.9% | Added |
| Advisors Asset Management, Inc. | 406,629 | $2.47M | 0.05% | +137,305+51.0% | Added |
| Raymond James & Associates | 427,727 | $2.60M | 0.00% | −25,949−5.7% | Reduced |
| Morgan Stanley | 470,364 | $2.86M | 0.00% | −332,108−41.4% | Reduced |
| Wells Fargo & Company | 632,419 | $3.85M | 0.00% | +371,909+142.8% | Added |
| 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 |