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 2024
Institutional positions in Franklin Managed Municipal Income Trust as of Dec 31, 2024. 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
- 94
- +4 vs. Q3 2024
- Shares held
- 7.89M
- +1.17M (+17.4%) vs. Q3 2024
- Total value
- $47.1M
- +$3.85M (+8.9%) vs. Q3 2024
- New holders
- 14
- 25 more added
- Sold out
- 10
- 22 more reduced
3 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2024: 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 2024
Shares, value and share of portfolio for each institution holding Franklin Managed Municipal Income Trust; share changes are against Q3 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Advisors Asset Management, Inc. | 797,465 | $4.76M | 0.09% | +148,493+22.9% | Added |
| Morgan Stanley | 721,315 | $4.31M | 0.00% | +122,233+20.4% | Added |
| Wells Fargo & Company | 712,659 | $4.25M | 0.00% | +43,540+6.5% | Added |
| Guggenheim Capital LLC | 712,551 | $4.25M | 0.04% | +120,948+20.4% | Added |
| Raymond James Financial Inc | 455,686 | $2.72M | 0.00% | +455,686 | New |
| Van Eck Associates Corp | 341,484 | $2.04M | 0.00% | +11,828+3.6% | Added |
| Robinson Capital Management, LLC | 316,401 | $1.89M | 0.76% | −72,269−18.6% | Reduced |
| Ameriprise Financial Inc | 259,547 | $1.55M | 0.00% | −55,871−17.7% | Reduced |
| Rothschild Investment LLC | 247,067 | $1.47M | 0.10% | −6,000−2.4% | Reduced |
| Kennedy Investment Group | 237,908 | $1.42M | 0.64% | −17,140−6.7% | Reduced |
| Sit Investment Associates Inc | 223,312 | $1.33M | 0.03% | +50,200+29.0% | Added |
| Pathstone Holdings, LLC | 221,163 | $1.32M | 0.01% | +162,851+279.3% | Added |
| UBS Group AG | 169,720 | $1.01M | 0.00% | +7,766+4.8% | Added |
| Rivernorth Capital Management, LLC | 131,412 | $784.5K | 0.04% | +131,412 | New |
| Bank of America Corp | 109,842 | $655.8K | 0.00% | −20,648−15.8% | Reduced |
| Wolverine Asset Management LLC | 99,993 | $597.0K | 0.01% | −27,620−21.6% | Reduced |
| Invesco Ltd. | 98,495 | $588.0K | 0.00% | +56,041+132.0% | Added |
| Melfa Wealth Management, LLC | 95,856 | $572.3K | 0.38% | 00.0% | Unchanged |
| Royal Bank of Canada | 87,700 | $523.0K | 0.00% | +23,695+37.0% | Added |
| LPL Financial LLC | 87,320 | $521.3K | 0.00% | −26,596−23.3% | Reduced |
| Rockefeller Capital Management L.P. | 81,972 | $489.4K | 0.00% | +62+0.1% | Added |
| Bridgewater Advisors Inc. | 76,102 | $456.6K | 0.05% | 00.0% | Unchanged |
| Capital Investment Advisors, LLC | 75,746 | $452.2K | 0.01% | −5,100−6.3% | Reduced |
| Keudell/Morrison Wealth Management | 71,614 | $427.5K | 0.11% | −24,544−25.5% | Reduced |
| Sheaff Brock Investment Advisors, LLC | 70,170 | $418.9K | 0.04% | +1,500+2.2% | Added |
| Commonwealth Equity Services, LLC | 59,863 | $357.0K | 0.00% | +171+0.3% | Added |
| Oppenheimer & Co Inc | 58,707 | $350.5K | 0.01% | +58,707 | New |
| Cetera Investment Advisers | 56,917 | $339.8K | 0.00% | −8,250−12.7% | Reduced |
| Avantax Advisory Services, Inc. | 55,037 | $328.6K | 0.00% | +14,099+34.4% | Added |
| Advisor Group Holdings, Inc. | 51,296 | $306.3K | 0.00% | −3,650−6.6% | Reduced |
| Susquehanna International Group, LLP | 51,107 | $305.1K | 0.00% | +51,107 | New |
| Nomura Holdings Inc | 51,000 | $304.5K | 0.00% | +36,295+246.8% | Added |
| Everstar Asset Management, LLC | 45,514 | $271.7K | 0.19% | −31,186−40.7% | Reduced |
| Thomas J. Herzfeld Advisors, Inc. | 43,341 | $258.7K | 0.08% | +7,543+21.1% | Added |
| Gill Capital Partners, LLC | 41,537 | $248.0K | 0.09% | 00.0% | Unchanged |
| Logan Stone Capital, LLC | 40,956 | $244.5K | 0.08% | +40,956 | New |
| Readystate Asset Management LP | 40,502 | $241.8K | 0.01% | +40,502 | New |
| Tyche Wealth Partners LLC | 39,722 | $237.1K | 0.05% | 00.0% | Unchanged |
| WealthBridge Capital Management, LLC | 36,050 | $215.2K | 0.06% | −16,200−31.0% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 34,615 | $207.0K | 0.00% | +2,039+6.3% | Added |
| Clear Creek Financial Management, LLC | 34,350 | $205.1K | 0.02% | 00.0% | Unchanged |
| Jane Street Group, LLC | 34,047 | $203.3K | 0.00% | +34,047 | New |
| Joseph P. Lucia & Associates, LLC | 33,666 | $201.0K | 0.09% | −1,523−4.3% | Reduced |
| Kestra Advisory Services, LLC | 33,215 | $198.3K | 0.00% | +15,194+84.3% | Added |
| Archetype Wealth Partners | 32,094 | $192.0K | 0.03% | −4,906−13.3% | Reduced |
| Concurrent Investment Advisors, LLC | 28,647 | $171.0K | 0.00% | 00.0% | Unchanged |
| Wesbanco Bank Inc | 27,700 | $165.4K | 0.01% | 00.0% | Unchanged |
| Burford Brothers, Inc. | 25,850 | $154.3K | 0.08% | 00.0% | Unchanged |
| GWM Advisors LLC | 24,367 | $145.5K | 0.00% | +110.0% | Added |
| Twin Focus Capital Partners, LLC | 23,993 | $143.2K | 0.02% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 22,600 | $134.9K | 0.00% | +600+2.7% | Added |
| National Asset Management, Inc. | 20,389 | $122.2K | 0.00% | −1,774−8.0% | Reduced |
| Fortitude Advisory Group L.L.C. | 18,285 | $109.2K | 0.07% | 00.0% | Unchanged |
| Noble Wealth Management PBC | 17,350 | $103.6K | 0.07% | +17,350 | New |
| XTX Topco Ltd | 17,220 | $102.8K | 0.01% | +17,220 | New |
| Financial Advocates Investment Management | 17,206 | $102.7K | 0.01% | −833−4.6% | Reduced |
| Citadel Advisors LLC | 16,487 | $98.4K | 0.00% | +1,072+7.0% | Added |
| United Bank | 14,400 | $86.0K | 0.04% | 00.0% | Unchanged |
| Hohimer Wealth Management, LLC | 14,395 | $85.9K | 0.02% | 00.0% | Unchanged |
| Wedbush Securities Inc | 14,007 | $84.0K | 0.00% | +3,800+37.2% | Added |
| Mariner, LLC | 14,033 | $83.8K | 0.00% | +9+0.1% | Added |
| Landscape Capital Management, L.L.C. | 13,731 | $82.0K | 0.01% | −33,434−70.9% | Reduced |
| Regal Investment Advisors LLC | 13,606 | $81.2K | 0.01% | 00.0% | Unchanged |
| Procyon Private Wealth Partners, LLC | 12,803 | $76.4K | 0.00% | 00.0% | Unchanged |
| Spire Wealth Management | 12,464 | $74.4K | 0.00% | −5,000−28.6% | Reduced |
| Kestra Private Wealth Services, LLC | 12,246 | $73.1K | 0.00% | 00.0% | Unchanged |
| Integrated Wealth Concepts LLC | 12,018 | $71.7K | 0.00% | 00.0% | Unchanged |
| Gilliland Jeter Wealth Management LLC | 12,014 | $71.7K | 0.02% | +88+0.7% | Added |
| Northwestern Mutual Wealth Management Co | 12,000 | $71.6K | 0.00% | −1,000−7.7% | Reduced |
| AE Wealth Management LLC | 11,735 | $70.1K | 0.00% | 00.0% | Unchanged |
| Providence First Trust Co | 11,447 | $68.3K | 0.03% | 00.0% | Unchanged |
| HTLF Bank | 11,200 | $66.9K | 0.01% | 00.0% | Unchanged |
| Virtu Financial LLC | 11,108 | $66.0K | 0.00% | +11,108 | New |
| TCTC Holdings, LLC | 10,020 | $59.8K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 7,149 | $42.7K | 0.00% | 00.0% | Unchanged |
| Activest Wealth Management | 6,600 | $39.4K | 0.01% | −8,000−54.8% | Reduced |
| The PNC Financial Services Group, Inc. | 5,322 | $31.8K | 0.00% | 00.0% | Unchanged |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 4,142 | $24.7K | 0.00% | +2,909+235.9% | Added |
| ORG Wealth Partners, LLC | 2,749 | $16.4K | 0.01% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 2,500 | $14.9K | 0.00% | −2,210−46.9% | Reduced |
| Geneos Wealth Management Inc. | 2,144 | $12.8K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 2,124 | $12.7K | 0.00% | 00.0% | Unchanged |
| City Holding Co | 2,000 | $11.9K | 0.00% | 00.0% | Unchanged |
| Concord Wealth Partners | 1,554 | $9.28K | 0.00% | 00.0% | Unchanged |
| Hilltop National Bank | 1,420 | $8.48K | 0.00% | 00.0% | Unchanged |
| Ameriflex Group, Inc. | 1,200 | $7.46K | 0.00% | +1,200 | New |
| Capital Analysts, LLC | 1,059 | $6.00K | 0.00% | 00.0% | Unchanged |
| Mascoma Wealth Management LLC | 670 | $4.00K | 0.00% | 00.0% | Unchanged |
| FNY Investment Advisers, LLC | 600 | $3.00K | 0.00% | 00.0% | Unchanged |
| Elequin Capital LP | 347 | $2.07K | 0.00% | +347 | New |
| CoreCap Advisors, LLC | 100 | $597 | 0.00% | 00.0% | Unchanged |
| Blue Bell Private Wealth Management, LLC | 20 | $119 | 0.00% | +20 | New |
| Huntington National Bank | – | $6 | 0.00% | – | – |
| FMR LLC | 1 | $6 | 0.00% | +1 | New |
| IHT Wealth Management, LLC | 0 | $0 | 0.00% | −33,748−100.0% | Sold out |
| Private Advisor Group, LLC | 0 | $0 | 0.00% | −12,648−100.0% | Sold out |
| Arbor Trust Wealth Advisors, LLC | 0 | $0 | 0.00% | −13,000−100.0% | Sold out |
| Ackerman Capital Advisors, LLC | 0 | $0 | 0.00% | −10,726−100.0% | Sold out |
| Sanctuary Advisors, LLC | 0 | $0 | 0.00% | −11,300−100.0% | Sold out |
| Ashton Thomas Securities, LLC | 0 | $0 | 0.00% | −3,831−100.0% | Sold out |