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, Q1 2025
Institutional positions in Franklin Managed Municipal Income Trust as of Mar 31, 2025. 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
- 82
- −10 vs. Q4 2024
- Shares held
- 8.50M
- +623.2K (+7.9%) vs. Q4 2024
- Total value
- $52.2M
- +$5.13M (+10.9%) vs. Q4 2024
- New holders
- 8
- 21 more added
- Sold out
- 18
- 19 more reduced
2 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2025
Shares, value and share of portfolio for each institution holding Franklin Managed Municipal Income Trust; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Wells Fargo & Company | 925,613 | $5.67M | 0.00% | +212,954+29.9% | Added |
| Guggenheim Capital LLC | 905,634 | $5.55M | 0.05% | +193,083+27.1% | Added |
| Advisors Asset Management, Inc. | 875,831 | $5.37M | 0.10% | +78,366+9.8% | Added |
| Morgan Stanley | 799,741 | $4.90M | 0.00% | +78,426+10.9% | Added |
| Sit Investment Associates Inc | 515,349 | $3.16M | 0.07% | +292,037+130.8% | Added |
| Raymond James Financial Inc | 470,927 | $2.89M | 0.00% | +15,241+3.3% | Added |
| Pathstone Holdings, LLC | 385,076 | $2.43M | 0.01% | +163,913+74.1% | Added |
| Van Eck Associates Corp | 268,556 | $1.65M | 0.00% | −72,928−21.4% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 258,949 | $1.59M | 0.07% | +258,949 | New |
| Ameriprise Financial Inc | 225,392 | $1.38M | 0.00% | −34,155−13.2% | Reduced |
| Kennedy Investment Group | 223,621 | $1.37M | 0.64% | −14,287−6.0% | Reduced |
| Rothschild Investment LLC | 218,067 | $1.34M | 0.09% | −29,000−11.7% | Reduced |
| Invesco Ltd. | 168,686 | $1.03M | 0.00% | +70,191+71.3% | Added |
| UBS Group AG | 165,485 | $1.01M | 0.00% | −4,235−2.5% | Reduced |
| Rivernorth Capital Management, LLC | 149,544 | $916.7K | 0.05% | +18,132+13.8% | Added |
| LPL Financial LLC | 115,485 | $707.9K | 0.00% | +28,165+32.3% | Added |
| Melfa Wealth Management, LLC | 95,856 | $587.6K | 0.40% | 00.0% | Unchanged |
| Bank of America Corp | 84,553 | $518.3K | 0.00% | −25,289−23.0% | Reduced |
| Royal Bank of Canada | 82,728 | $507.0K | 0.00% | −4,972−5.7% | Reduced |
| Rockefeller Capital Management L.P. | 79,793 | $489.1K | 0.00% | −2,179−2.7% | Reduced |
| Bridgewater Advisors Inc. | 76,102 | $450.5K | 0.04% | 00.0% | Unchanged |
| Capital Investment Advisors, LLC | 73,056 | $447.8K | 0.01% | −2,690−3.6% | Reduced |
| Sheaff Brock Investment Advisors, LLC | 70,170 | $430.1K | 0.04% | 00.0% | Unchanged |
| Keudell/Morrison Wealth Management | 69,114 | $423.7K | 0.10% | −2,500−3.5% | Reduced |
| Advisor Resource Council | 66,293 | $406.4K | 0.03% | +66,293 | New |
| Commonwealth Equity Services, LLC | 61,132 | $375.0K | 0.00% | +1,269+2.1% | Added |
| Oppenheimer & Co Inc | 58,707 | $359.9K | 0.01% | 00.0% | Unchanged |
| Cetera Investment Advisers | 54,937 | $336.8K | 0.00% | −1,980−3.5% | Reduced |
| Susquehanna International Group, LLP | 54,278 | $332.7K | 0.00% | +3,171+6.2% | Added |
| Advisor Group Holdings, Inc. | 50,084 | $307.0K | 0.00% | −1,212−2.4% | Reduced |
| Everstar Asset Management, LLC | 44,912 | $275.3K | 0.18% | −602−1.3% | Reduced |
| Gill Capital Partners, LLC | 41,537 | $254.6K | 0.09% | 00.0% | Unchanged |
| Tyche Wealth Partners LLC | 39,722 | $243.5K | 0.05% | 00.0% | Unchanged |
| Avantax Advisory Services, Inc. | 38,940 | $238.7K | 0.00% | −16,097−29.2% | Reduced |
| WealthBridge Capital Management, LLC | 36,050 | $221.0K | 0.06% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 35,460 | $217.0K | 0.00% | +845+2.4% | Added |
| GWM Advisors LLC | 34,381 | $210.8K | 0.00% | +10,014+41.1% | Added |
| Kestra Advisory Services, LLC | 33,665 | $206.4K | 0.00% | +450+1.4% | Added |
| Clear Creek Financial Management, LLC | 32,350 | $198.3K | 0.02% | −2,000−5.8% | Reduced |
| Joseph P. Lucia & Associates, LLC | 31,682 | $194.2K | 0.09% | −1,984−5.9% | Reduced |
| Concurrent Investment Advisors, LLC | 29,014 | $177.9K | 0.00% | +367+1.3% | Added |
| Wesbanco Bank Inc | 27,700 | $169.8K | 0.01% | 00.0% | Unchanged |
| Burford Brothers, Inc. | 25,850 | $158.5K | 0.08% | 00.0% | Unchanged |
| Twin Focus Capital Partners, LLC | 23,993 | $147.1K | 0.02% | 00.0% | Unchanged |
| XML Financial, LLC | 23,100 | $141.6K | 0.01% | +23,100 | New |
| Citadel Advisors LLC | 21,586 | $132.3K | 0.00% | +5,099+30.9% | Added |
| National Asset Management, Inc. | 20,704 | $126.9K | 0.00% | +315+1.5% | Added |
| Financial Advocates Investment Management | 20,391 | $125.0K | 0.01% | +3,185+18.5% | Added |
| Steward Partners Investment Advisory, LLC | 19,000 | $116.5K | 0.00% | −3,600−15.9% | Reduced |
| Fortitude Advisory Group L.L.C. | 18,285 | $106.8K | 0.08% | 00.0% | Unchanged |
| Noble Wealth Management PBC | 17,350 | $106.4K | 0.07% | 00.0% | Unchanged |
| United Bank | 14,400 | $88.3K | 0.04% | 00.0% | Unchanged |
| Hohimer Wealth Management, LLC | 14,395 | $88.2K | 0.02% | 00.0% | Unchanged |
| Mariner, LLC | 14,034 | $86.0K | 0.00% | +10.0% | Added |
| Regal Investment Advisors LLC | 13,606 | $83.4K | 0.01% | 00.0% | Unchanged |
| Procyon Private Wealth Partners, LLC | 12,803 | $78.5K | 0.00% | 00.0% | Unchanged |
| Spire Wealth Management | 12,464 | $76.4K | 0.00% | 00.0% | Unchanged |
| Wedbush Securities Inc | 12,412 | $76.0K | 0.00% | −1,595−11.4% | Reduced |
| Kestra Private Wealth Services, LLC | 12,246 | $75.1K | 0.00% | 00.0% | Unchanged |
| J.W. Cole Advisors, Inc. | 12,238 | $75.0K | 0.00% | +12,238 | New |
| Gilliland Jeter Wealth Management LLC | 12,138 | $74.4K | 0.03% | +124+1.0% | Added |
| Northwestern Mutual Wealth Management Co | 12,000 | $73.6K | 0.00% | 00.0% | Unchanged |
| AE Wealth Management LLC | 11,735 | $71.9K | 0.00% | 00.0% | Unchanged |
| HRT Financial LP | 10,677 | $65.0K | 0.00% | +10,677 | New |
| Independent Financial Group, LLC | 10,253 | $62.9K | 0.00% | +10,253 | New |
| Archetype Wealth Partners | 10,049 | $62.0K | 0.01% | −22,045−68.7% | Reduced |
| TCTC Holdings, LLC | 10,020 | $61.4K | 0.00% | 00.0% | Unchanged |
| Smallwood Wealth Investment Management, LLC | 9,000 | $55.2K | 0.03% | +9,000 | New |
| US Bancorp | 7,149 | $43.8K | 0.00% | 00.0% | Unchanged |
| Activest Wealth Management | 6,600 | $40.5K | 0.01% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 5,322 | $32.6K | 0.00% | 00.0% | Unchanged |
| ORG Wealth Partners, LLC | 2,749 | $17.0K | 0.01% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 2,144 | $13.1K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 2,124 | $13.0K | 0.00% | 00.0% | Unchanged |
| City Holding Co | 2,000 | $12.3K | 0.00% | 00.0% | Unchanged |
| Concord Wealth Partners | 1,554 | $9.53K | 0.00% | 00.0% | Unchanged |
| Ameriflex Group, Inc. | 1,200 | $7.36K | 0.00% | 00.0% | Unchanged |
| Capital Analysts, LLC | 1,059 | $6.00K | 0.00% | 00.0% | Unchanged |
| Mascoma Wealth Management LLC | 670 | $4.11K | 0.00% | 00.0% | Unchanged |
| CoreCap Advisors, LLC | 100 | $613 | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 39 | $239 | 0.00% | +39 | New |
| Huntington National Bank | – | $6 | 0.00% | – | – |
| Blue Bell Private Wealth Management, LLC | 0 | $0 | 0.00% | −20−100.0% | Sold out |
| Robinson Capital Management, LLC | 0 | $0 | 0.00% | −316,401−100.0% | Sold out |
| Wolverine Asset Management LLC | 0 | $0 | 0.00% | −99,993−100.0% | Sold out |
| Nomura Holdings Inc | 0 | $0 | 0.00% | −51,000−100.0% | Sold out |
| Thomas J. Herzfeld Advisors, Inc. | 0 | $0 | 0.00% | −43,341−100.0% | Sold out |
| Logan Stone Capital, LLC | 0 | $0 | 0.00% | −40,956−100.0% | Sold out |
| Readystate Asset Management LP | 0 | $0 | 0.00% | −40,502−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −34,047−100.0% | Sold out |
| XTX Topco Ltd | 0 | $0 | 0.00% | −17,220−100.0% | Sold out |
| Landscape Capital Management, L.L.C. | 0 | $0 | 0.00% | −13,731−100.0% | Sold out |
| Integrated Wealth Concepts LLC | 0 | $0 | 0.00% | −12,018−100.0% | Sold out |
| Providence First Trust Co | 0 | $0 | 0.00% | −11,447−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −11,108−100.0% | Sold out |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 0 | $0 | 0.00% | −4,142−100.0% | Sold out |
| Farther Finance Advisors, LLC | 0 | $0 | 0.00% | −2,500−100.0% | Sold out |
| FNY Investment Advisers, LLC | 0 | $0 | 0.00% | −600−100.0% | Sold out |
| Elequin Capital LP | 0 | $0 | 0.00% | −347−100.0% | Sold out |
| FMR LLC | 0 | $0 | 0.00% | −1−100.0% | Sold out |