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, Q2 2025
Institutional positions in Franklin Managed Municipal Income Trust as of Jun 30, 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
- 85
- +5 vs. Q1 2025
- Shares held
- 8.45M
- +34.5K (+0.4%) vs. Q1 2025
- Total value
- $50.5M
- −$1.11M (−2.2%) vs. Q1 2025
- New holders
- 13
- 24 more added
- Sold out
- 8
- 17 more reduced
2 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding Franklin Managed Municipal Income Trust; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Guggenheim Capital LLC | 997,567 | $5.97M | 0.05% | +91,933+10.2% | Added |
| Wells Fargo & Company | 995,513 | $5.95M | 0.00% | +69,900+7.6% | Added |
| Advisors Asset Management, Inc. | 862,612 | $5.16M | 0.09% | −13,219−1.5% | Reduced |
| Morgan Stanley | 804,012 | $4.81M | 0.00% | +4,271+0.5% | Added |
| Raymond James Financial Inc | 526,601 | $3.15M | 0.00% | +55,674+11.8% | Added |
| Hennion & Walsh Asset Management, Inc. | 506,760 | $3.03M | 0.12% | +247,811+95.7% | Added |
| Sit Investment Associates Inc | 502,949 | $3.01M | 0.06% | −12,400−2.4% | Reduced |
| Van Eck Associates Corp | 276,297 | $1.65M | 0.00% | +7,741+2.9% | Added |
| Invesco Ltd. | 261,413 | $1.56M | 0.00% | +92,727+55.0% | Added |
| Ameriprise Financial Inc | 225,663 | $1.35M | 0.00% | +271+0.1% | Added |
| Kennedy Investment Group | 197,626 | $1.18M | 0.50% | −25,995−11.6% | Reduced |
| Bank of America Corp | 125,252 | $749.0K | 0.00% | +40,699+48.1% | Added |
| LPL Financial LLC | 123,806 | $740.4K | 0.00% | +8,321+7.2% | Added |
| Pathstone Holdings, LLC | 116,957 | $699.4K | 0.00% | −268,119−69.6% | Reduced |
| Allworth Financial LP | 103,242 | $617.4K | 0.00% | +103,242 | New |
| Melfa Wealth Management, LLC | 95,856 | $573.2K | 0.36% | 00.0% | Unchanged |
| UBS Group AG | 86,910 | $519.7K | 0.00% | −78,575−47.5% | Reduced |
| Royal Bank of Canada | 81,950 | $490.0K | 0.00% | −778−0.9% | Reduced |
| Rockefeller Capital Management L.P. | 80,721 | $482.7K | 0.00% | +928+1.2% | Added |
| Bridgewater Advisors Inc. | 76,102 | $444.4K | 0.03% | 00.0% | Unchanged |
| Capital Investment Advisors, LLC | 69,056 | $413.0K | 0.01% | −4,000−5.5% | Reduced |
| Keudell/Morrison Wealth Management | 66,964 | $400.4K | 0.09% | −2,150−3.1% | Reduced |
| Advisor Group Holdings, Inc. | 61,743 | $369.2K | 0.00% | +11,659+23.3% | Added |
| Commonwealth Equity Services, LLC | 61,458 | $368.0K | 0.00% | +326+0.5% | Added |
| Oppenheimer & Co Inc | 59,470 | $355.6K | 0.00% | +763+1.3% | Added |
| Avantax Advisory Services, Inc. | 58,938 | $352.5K | 0.00% | +19,998+51.4% | Added |
| XML Financial, LLC | 57,600 | $344.4K | 0.03% | +34,500+149.4% | Added |
| Cetera Investment Advisers | 56,514 | $338.0K | 0.00% | +1,577+2.9% | Added |
| Brown Brothers Harriman & Co | 55,583 | $332.4K | 0.00% | +55,583 | New |
| Susquehanna International Group, LLP | 53,856 | $322.1K | 0.00% | −422−0.8% | Reduced |
| Gill Capital Partners, LLC | 41,537 | $248.4K | 0.08% | 00.0% | Unchanged |
| Kestra Advisory Services, LLC | 40,635 | $243.0K | 0.00% | +6,970+20.7% | Added |
| Tyche Wealth Partners LLC | 39,722 | $237.5K | 0.05% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 38,065 | $228.0K | 0.00% | +2,605+7.3% | Added |
| GWM Advisors LLC | 34,393 | $205.7K | 0.00% | +120.0% | Added |
| Clear Creek Financial Management, LLC | 31,870 | $190.6K | 0.02% | −480−1.5% | Reduced |
| WealthBridge Capital Management, LLC | 31,050 | $185.7K | 0.05% | −5,000−13.9% | Reduced |
| Joseph P. Lucia & Associates, LLC | 30,832 | $184.4K | 0.08% | −850−2.7% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 30,606 | $183.0K | 0.01% | +30,606 | New |
| Everstar Asset Management, LLC | 29,812 | $178.3K | 0.11% | −15,100−33.6% | Reduced |
| Concurrent Investment Advisors, LLC | 29,014 | $173.5K | 0.00% | 00.0% | Unchanged |
| Wesbanco Bank Inc | 27,700 | $165.6K | 0.00% | 00.0% | Unchanged |
| Burford Brothers, Inc. | 25,850 | $154.6K | 0.07% | 00.0% | Unchanged |
| Twin Focus Capital Partners, LLC | 23,993 | $143.5K | 0.02% | 00.0% | Unchanged |
| Financial Advocates Investment Management | 20,391 | $121.9K | 0.01% | 00.0% | Unchanged |
| National Asset Management, Inc. | 18,473 | $110.5K | 0.01% | −2,231−10.8% | Reduced |
| Fortitude Advisory Group L.L.C. | 18,285 | $109.3K | 0.06% | 00.0% | Unchanged |
| Ashton Thomas Private Wealth, LLC | 17,327 | $103.6K | 0.00% | +17,327 | New |
| Wedbush Securities Inc | 15,372 | $92.0K | 0.00% | +2,960+23.8% | Added |
| United Bank | 14,400 | $86.1K | 0.03% | 00.0% | Unchanged |
| Hohimer Wealth Management, LLC | 14,395 | $86.1K | 0.02% | 00.0% | Unchanged |
| Meridian Wealth Management, LLC | 14,291 | $85.5K | 0.00% | +14,291 | New |
| Mariner, LLC | 14,034 | $83.9K | 0.00% | 00.0% | Unchanged |
| Regal Investment Advisors LLC | 13,606 | $81.4K | 0.01% | 00.0% | Unchanged |
| Procyon Private Wealth Partners, LLC | 12,803 | $76.6K | 0.01% | 00.0% | Unchanged |
| Independent Financial Group, LLC | 12,753 | $76.3K | 0.00% | +2,500+24.4% | Added |
| Steward Partners Investment Advisory, LLC | 12,485 | $74.7K | 0.00% | −6,515−34.3% | Reduced |
| Spire Wealth Management | 12,464 | $74.5K | 0.00% | 00.0% | Unchanged |
| J.W. Cole Advisors, Inc. | 12,281 | $73.4K | 0.00% | +43+0.4% | Added |
| Kestra Private Wealth Services, LLC | 12,246 | $73.2K | 0.00% | 00.0% | Unchanged |
| Wealthcare Advisory Partners LLC | 12,018 | $71.9K | 0.00% | +12,018 | New |
| AE Wealth Management LLC | 11,735 | $70.2K | 0.00% | 00.0% | Unchanged |
| TCTC Holdings, LLC | 10,020 | $59.9K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 10,000 | $59.8K | 0.00% | −2,000−16.7% | Reduced |
| Nomura Holdings Inc | 10,000 | $59.8K | 0.00% | +10,000 | New |
| Smallwood Wealth Investment Management, LLC | 9,000 | $53.8K | 0.03% | 00.0% | Unchanged |
| US Bancorp | 7,149 | $42.8K | 0.00% | 00.0% | Unchanged |
| Duncker Streett & Co Inc | 7,000 | $41.9K | 0.01% | +7,000 | New |
| Activest Wealth Management | 6,600 | $39.5K | 0.01% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 5,322 | $31.8K | 0.00% | 00.0% | Unchanged |
| Rothschild Investment LLC | 3,000 | $17.9K | 0.00% | −215,067−98.6% | Reduced |
| Ameritas Advisory Services, LLC | 3,000 | $17.9K | 0.00% | +3,000 | New |
| ORG Wealth Partners, LLC | 2,749 | $16.5K | 0.00% | 00.0% | Unchanged |
| 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 | $12.0K | 0.00% | 00.0% | Unchanged |
| Concord Wealth Partners | 1,554 | $9.29K | 0.00% | 00.0% | Unchanged |
| Hilltop National Bank | 1,420 | $8.49K | 0.00% | +1,420 | New |
| Capital Analysts, LLC | 1,064 | $6.00K | 0.00% | +5+0.5% | Added |
| Mascoma Wealth Management LLC | 670 | $4.01K | 0.00% | 00.0% | Unchanged |
| Disciplined Equity Management, Inc. | 140 | $838 | 0.00% | +140 | New |
| CoreCap Advisors, LLC | 100 | $598 | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 72 | $431 | 0.00% | +72 | New |
| JPMorgan Chase & Co | 55 | $329 | 0.00% | +55 | New |
| Huntington National Bank | – | $6 | 0.00% | – | – |
| Rivernorth Capital Management, LLC | 0 | $0 | 0.00% | −149,544−100.0% | Sold out |
| Advisor Resource Council | 0 | $0 | 0.00% | −66,293−100.0% | Sold out |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −21,586−100.0% | Sold out |
| Gilliland Jeter Wealth Management LLC | 0 | $0 | 0.00% | −12,138−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −10,677−100.0% | Sold out |
| Archetype Wealth Partners | 0 | $0 | 0.00% | −10,049−100.0% | Sold out |
| Ameriflex Group, Inc. | 0 | $0 | 0.00% | −1,200−100.0% | Sold out |
| Tower Research Capital LLC (TRC) | 0 | $0 | 0.00% | −39−100.0% | Sold out |
| Sheaff Brock Investment Advisors, LLC | – | – | – | – | Not filed |
| Noble Wealth Management PBC | – | – | – | – | Not filed |