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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, 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.

Institutional holdersQ4 2024: 94 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 heldQ4 2024: $47.1M
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, Q4 2024

Shares, value and share of portfolio for each institution holding Franklin Managed Municipal Income Trust; share changes are against Q3 2024.

Institutions holding PMM in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Huntington National Bank–$60.00%––
FMR LLC1$60.00%+1New
Blue Bell Private Wealth Management, LLC20$1190.00%+20New
CoreCap Advisors, LLC100$5970.00%00.0%Unchanged
Elequin Capital LP347$2.07K0.00%+347New
FNY Investment Advisers, LLC600$3.00K0.00%00.0%Unchanged
Mascoma Wealth Management LLC670$4.00K0.00%00.0%Unchanged
Capital Analysts, LLC1,059$6.00K0.00%00.0%Unchanged
Ameriflex Group, Inc.1,200$7.46K0.00%+1,200New
Hilltop National Bank1,420$8.48K0.00%00.0%Unchanged
Concord Wealth Partners1,554$9.28K0.00%00.0%Unchanged
City Holding Co2,000$11.9K0.00%00.0%Unchanged
AdvisorNet Financial, Inc2,124$12.7K0.00%00.0%Unchanged
Geneos Wealth Management Inc.2,144$12.8K0.00%00.0%Unchanged
Farther Finance Advisors, LLC2,500$14.9K0.00%−2,210−46.9%Reduced
ORG Wealth Partners, LLC2,749$16.4K0.01%00.0%Unchanged
Nelson, Van Denburg & Campbell Wealth Management Group, LLC4,142$24.7K0.00%+2,909+235.9%Added
The PNC Financial Services Group, Inc.5,322$31.8K0.00%00.0%Unchanged
Activest Wealth Management6,600$39.4K0.01%−8,000−54.8%Reduced
US Bancorp7,149$42.7K0.00%00.0%Unchanged
TCTC Holdings, LLC10,020$59.8K0.00%00.0%Unchanged
Virtu Financial LLC11,108$66.0K0.00%+11,108New
HTLF Bank11,200$66.9K0.01%00.0%Unchanged
Providence First Trust Co11,447$68.3K0.03%00.0%Unchanged
AE Wealth Management LLC11,735$70.1K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co12,000$71.6K0.00%−1,000−7.7%Reduced
Gilliland Jeter Wealth Management LLC12,014$71.7K0.02%+88+0.7%Added
Integrated Wealth Concepts LLC12,018$71.7K0.00%00.0%Unchanged
Kestra Private Wealth Services, LLC12,246$73.1K0.00%00.0%Unchanged
Spire Wealth Management12,464$74.4K0.00%−5,000−28.6%Reduced
Procyon Private Wealth Partners, LLC12,803$76.4K0.00%00.0%Unchanged
Regal Investment Advisors LLC13,606$81.2K0.01%00.0%Unchanged
Landscape Capital Management, L.L.C.13,731$82.0K0.01%−33,434−70.9%Reduced
Mariner, LLC14,033$83.8K0.00%+9+0.1%Added
Wedbush Securities Inc14,007$84.0K0.00%+3,800+37.2%Added
Hohimer Wealth Management, LLC14,395$85.9K0.02%00.0%Unchanged
United Bank14,400$86.0K0.04%00.0%Unchanged
Citadel Advisors LLC16,487$98.4K0.00%+1,072+7.0%Added
Financial Advocates Investment Management17,206$102.7K0.01%−833−4.6%Reduced
XTX Topco Ltd17,220$102.8K0.01%+17,220New
Noble Wealth Management PBC17,350$103.6K0.07%+17,350New
Fortitude Advisory Group L.L.C.18,285$109.2K0.07%00.0%Unchanged
National Asset Management, Inc.20,389$122.2K0.00%−1,774−8.0%Reduced
Steward Partners Investment Advisory, LLC22,600$134.9K0.00%+600+2.7%Added
Twin Focus Capital Partners, LLC23,993$143.2K0.02%00.0%Unchanged
GWM Advisors LLC24,367$145.5K0.00%+110.0%Added
Burford Brothers, Inc.25,850$154.3K0.08%00.0%Unchanged
Wesbanco Bank Inc27,700$165.4K0.01%00.0%Unchanged
Concurrent Investment Advisors, LLC28,647$171.0K0.00%00.0%Unchanged
Archetype Wealth Partners32,094$192.0K0.03%−4,906−13.3%Reduced
Kestra Advisory Services, LLC33,215$198.3K0.00%+15,194+84.3%Added
Joseph P. Lucia & Associates, LLC33,666$201.0K0.09%−1,523−4.3%Reduced
Jane Street Group, LLC34,047$203.3K0.00%+34,047New
Clear Creek Financial Management, LLC34,350$205.1K0.02%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.34,615$207.0K0.00%+2,039+6.3%Added
WealthBridge Capital Management, LLC36,050$215.2K0.06%−16,200−31.0%Reduced
Tyche Wealth Partners LLC39,722$237.1K0.05%00.0%Unchanged
Readystate Asset Management LP40,502$241.8K0.01%+40,502New
Logan Stone Capital, LLC40,956$244.5K0.08%+40,956New
Gill Capital Partners, LLC41,537$248.0K0.09%00.0%Unchanged
Thomas J. Herzfeld Advisors, Inc.43,341$258.7K0.08%+7,543+21.1%Added
Everstar Asset Management, LLC45,514$271.7K0.19%−31,186−40.7%Reduced
Nomura Holdings Inc51,000$304.5K0.00%+36,295+246.8%Added
Susquehanna International Group, LLP51,107$305.1K0.00%+51,107New
Advisor Group Holdings, Inc.51,296$306.3K0.00%−3,650−6.6%Reduced
Avantax Advisory Services, Inc.55,037$328.6K0.00%+14,099+34.4%Added
Cetera Investment Advisers56,917$339.8K0.00%−8,250−12.7%Reduced
Oppenheimer & Co Inc58,707$350.5K0.01%+58,707New
Commonwealth Equity Services, LLC59,863$357.0K0.00%+171+0.3%Added
Sheaff Brock Investment Advisors, LLC70,170$418.9K0.04%+1,500+2.2%Added
Keudell/Morrison Wealth Management71,614$427.5K0.11%−24,544−25.5%Reduced
Capital Investment Advisors, LLC75,746$452.2K0.01%−5,100−6.3%Reduced
Bridgewater Advisors Inc.76,102$456.6K0.05%00.0%Unchanged
Rockefeller Capital Management L.P.81,972$489.4K0.00%+62+0.1%Added
LPL Financial LLC87,320$521.3K0.00%−26,596−23.3%Reduced
Royal Bank of Canada87,700$523.0K0.00%+23,695+37.0%Added
Melfa Wealth Management, LLC95,856$572.3K0.38%00.0%Unchanged
Invesco Ltd.98,495$588.0K0.00%+56,041+132.0%Added
Wolverine Asset Management LLC99,993$597.0K0.01%−27,620−21.6%Reduced
Bank of America Corp109,842$655.8K0.00%−20,648−15.8%Reduced
Rivernorth Capital Management, LLC131,412$784.5K0.04%+131,412New
UBS Group AG169,720$1.01M0.00%+7,766+4.8%Added
Pathstone Holdings, LLC221,163$1.32M0.01%+162,851+279.3%Added
Sit Investment Associates Inc223,312$1.33M0.03%+50,200+29.0%Added
Kennedy Investment Group237,908$1.42M0.64%−17,140−6.7%Reduced
Rothschild Investment LLC247,067$1.47M0.10%−6,000−2.4%Reduced
Ameriprise Financial Inc259,547$1.55M0.00%−55,871−17.7%Reduced
Robinson Capital Management, LLC316,401$1.89M0.76%−72,269−18.6%Reduced
Van Eck Associates Corp341,484$2.04M0.00%+11,828+3.6%Added
Raymond James Financial Inc455,686$2.72M0.00%+455,686New
Guggenheim Capital LLC712,551$4.25M0.04%+120,948+20.4%Added
Wells Fargo & Company712,659$4.25M0.00%+43,540+6.5%Added
Morgan Stanley721,315$4.31M0.00%+122,233+20.4%Added
Advisors Asset Management, Inc.797,465$4.76M0.09%+148,493+22.9%Added
IHT Wealth Management, LLC0$00.00%−33,748−100.0%Sold out
Private Advisor Group, LLC0$00.00%−12,648−100.0%Sold out
Arbor Trust Wealth Advisors, LLC0$00.00%−13,000−100.0%Sold out
Ackerman Capital Advisors, LLC0$00.00%−10,726−100.0%Sold out
Sanctuary Advisors, LLC0$00.00%−11,300−100.0%Sold out
Ashton Thomas Securities, LLC0$00.00%−3,831−100.0%Sold out