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 |
|---|---|---|---|---|---|
| Huntington National Bank | – | $6 | 0.00% | – | – |
| Tower Research Capital LLC (TRC) | 39 | $239 | 0.00% | +39 | New |
| CoreCap Advisors, LLC | 100 | $613 | 0.00% | 00.0% | Unchanged |
| Mascoma Wealth Management LLC | 670 | $4.11K | 0.00% | 00.0% | Unchanged |
| Capital Analysts, LLC | 1,059 | $6.00K | 0.00% | 00.0% | Unchanged |
| Ameriflex Group, Inc. | 1,200 | $7.36K | 0.00% | 00.0% | Unchanged |
| Concord Wealth Partners | 1,554 | $9.53K | 0.00% | 00.0% | Unchanged |
| City Holding Co | 2,000 | $12.3K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 2,124 | $13.0K | 0.00% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 2,144 | $13.1K | 0.00% | 00.0% | Unchanged |
| ORG Wealth Partners, LLC | 2,749 | $17.0K | 0.01% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 5,322 | $32.6K | 0.00% | 00.0% | Unchanged |
| Activest Wealth Management | 6,600 | $40.5K | 0.01% | 00.0% | Unchanged |
| US Bancorp | 7,149 | $43.8K | 0.00% | 00.0% | Unchanged |
| Smallwood Wealth Investment Management, LLC | 9,000 | $55.2K | 0.03% | +9,000 | New |
| TCTC Holdings, LLC | 10,020 | $61.4K | 0.00% | 00.0% | Unchanged |
| Archetype Wealth Partners | 10,049 | $62.0K | 0.01% | −22,045−68.7% | Reduced |
| Independent Financial Group, LLC | 10,253 | $62.9K | 0.00% | +10,253 | New |
| HRT Financial LP | 10,677 | $65.0K | 0.00% | +10,677 | New |
| AE Wealth Management LLC | 11,735 | $71.9K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 12,000 | $73.6K | 0.00% | 00.0% | Unchanged |
| Gilliland Jeter Wealth Management LLC | 12,138 | $74.4K | 0.03% | +124+1.0% | Added |
| J.W. Cole Advisors, Inc. | 12,238 | $75.0K | 0.00% | +12,238 | New |
| Kestra Private Wealth Services, LLC | 12,246 | $75.1K | 0.00% | 00.0% | Unchanged |
| Wedbush Securities Inc | 12,412 | $76.0K | 0.00% | −1,595−11.4% | Reduced |
| Spire Wealth Management | 12,464 | $76.4K | 0.00% | 00.0% | Unchanged |
| Procyon Private Wealth Partners, LLC | 12,803 | $78.5K | 0.00% | 00.0% | Unchanged |
| Regal Investment Advisors LLC | 13,606 | $83.4K | 0.01% | 00.0% | Unchanged |
| Mariner, LLC | 14,034 | $86.0K | 0.00% | +10.0% | Added |
| Hohimer Wealth Management, LLC | 14,395 | $88.2K | 0.02% | 00.0% | Unchanged |
| United Bank | 14,400 | $88.3K | 0.04% | 00.0% | Unchanged |
| Noble Wealth Management PBC | 17,350 | $106.4K | 0.07% | 00.0% | Unchanged |
| Fortitude Advisory Group L.L.C. | 18,285 | $106.8K | 0.08% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 19,000 | $116.5K | 0.00% | −3,600−15.9% | Reduced |
| Financial Advocates Investment Management | 20,391 | $125.0K | 0.01% | +3,185+18.5% | Added |
| National Asset Management, Inc. | 20,704 | $126.9K | 0.00% | +315+1.5% | Added |
| Citadel Advisors LLC | 21,586 | $132.3K | 0.00% | +5,099+30.9% | Added |
| XML Financial, LLC | 23,100 | $141.6K | 0.01% | +23,100 | New |
| Twin Focus Capital Partners, LLC | 23,993 | $147.1K | 0.02% | 00.0% | Unchanged |
| Burford Brothers, Inc. | 25,850 | $158.5K | 0.08% | 00.0% | Unchanged |
| Wesbanco Bank Inc | 27,700 | $169.8K | 0.01% | 00.0% | Unchanged |
| Concurrent Investment Advisors, LLC | 29,014 | $177.9K | 0.00% | +367+1.3% | Added |
| Joseph P. Lucia & Associates, LLC | 31,682 | $194.2K | 0.09% | −1,984−5.9% | Reduced |
| Clear Creek Financial Management, LLC | 32,350 | $198.3K | 0.02% | −2,000−5.8% | Reduced |
| Kestra Advisory Services, LLC | 33,665 | $206.4K | 0.00% | +450+1.4% | Added |
| GWM Advisors LLC | 34,381 | $210.8K | 0.00% | +10,014+41.1% | Added |
| Cambridge Investment Research Advisors, Inc. | 35,460 | $217.0K | 0.00% | +845+2.4% | Added |
| WealthBridge Capital Management, LLC | 36,050 | $221.0K | 0.06% | 00.0% | Unchanged |
| Avantax Advisory Services, Inc. | 38,940 | $238.7K | 0.00% | −16,097−29.2% | Reduced |
| Tyche Wealth Partners LLC | 39,722 | $243.5K | 0.05% | 00.0% | Unchanged |
| Gill Capital Partners, LLC | 41,537 | $254.6K | 0.09% | 00.0% | Unchanged |
| Everstar Asset Management, LLC | 44,912 | $275.3K | 0.18% | −602−1.3% | Reduced |
| Advisor Group Holdings, Inc. | 50,084 | $307.0K | 0.00% | −1,212−2.4% | Reduced |
| Susquehanna International Group, LLP | 54,278 | $332.7K | 0.00% | +3,171+6.2% | Added |
| Cetera Investment Advisers | 54,937 | $336.8K | 0.00% | −1,980−3.5% | Reduced |
| Oppenheimer & Co Inc | 58,707 | $359.9K | 0.01% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 61,132 | $375.0K | 0.00% | +1,269+2.1% | Added |
| Advisor Resource Council | 66,293 | $406.4K | 0.03% | +66,293 | New |
| Keudell/Morrison Wealth Management | 69,114 | $423.7K | 0.10% | −2,500−3.5% | Reduced |
| Sheaff Brock Investment Advisors, LLC | 70,170 | $430.1K | 0.04% | 00.0% | Unchanged |
| Capital Investment Advisors, LLC | 73,056 | $447.8K | 0.01% | −2,690−3.6% | Reduced |
| Bridgewater Advisors Inc. | 76,102 | $450.5K | 0.04% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 79,793 | $489.1K | 0.00% | −2,179−2.7% | Reduced |
| Royal Bank of Canada | 82,728 | $507.0K | 0.00% | −4,972−5.7% | Reduced |
| Bank of America Corp | 84,553 | $518.3K | 0.00% | −25,289−23.0% | Reduced |
| Melfa Wealth Management, LLC | 95,856 | $587.6K | 0.40% | 00.0% | Unchanged |
| LPL Financial LLC | 115,485 | $707.9K | 0.00% | +28,165+32.3% | Added |
| Rivernorth Capital Management, LLC | 149,544 | $916.7K | 0.05% | +18,132+13.8% | Added |
| UBS Group AG | 165,485 | $1.01M | 0.00% | −4,235−2.5% | Reduced |
| Invesco Ltd. | 168,686 | $1.03M | 0.00% | +70,191+71.3% | Added |
| Rothschild Investment LLC | 218,067 | $1.34M | 0.09% | −29,000−11.7% | Reduced |
| Kennedy Investment Group | 223,621 | $1.37M | 0.64% | −14,287−6.0% | Reduced |
| Ameriprise Financial Inc | 225,392 | $1.38M | 0.00% | −34,155−13.2% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 258,949 | $1.59M | 0.07% | +258,949 | New |
| Van Eck Associates Corp | 268,556 | $1.65M | 0.00% | −72,928−21.4% | Reduced |
| Pathstone Holdings, LLC | 385,076 | $2.43M | 0.01% | +163,913+74.1% | Added |
| Raymond James Financial Inc | 470,927 | $2.89M | 0.00% | +15,241+3.3% | Added |
| Sit Investment Associates Inc | 515,349 | $3.16M | 0.07% | +292,037+130.8% | Added |
| Morgan Stanley | 799,741 | $4.90M | 0.00% | +78,426+10.9% | Added |
| Advisors Asset Management, Inc. | 875,831 | $5.37M | 0.10% | +78,366+9.8% | Added |
| Guggenheim Capital LLC | 905,634 | $5.55M | 0.05% | +193,083+27.1% | Added |
| Wells Fargo & Company | 925,613 | $5.67M | 0.00% | +212,954+29.9% | Added |
| 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 |