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, Q3 2025
Institutional positions in Franklin Managed Municipal Income Trust as of Sep 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
- 81
- −2 vs. Q2 2025
- Shares held
- 8.27M
- −57.7K (−0.7%) vs. Q2 2025
- Total value
- $49.9M
- +$139.9K (+0.3%) vs. Q2 2025
- New holders
- 9
- 19 more added
- Sold out
- 11
- 16 more reduced
2 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Franklin Managed Municipal Income Trust; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Wells Fargo & Company | 1,096,564 | $6.62M | 0.00% | +101,051+10.2% | Added |
| Guggenheim Capital LLC | 973,859 | $5.88M | 0.04% | −23,708−2.4% | Reduced |
| Morgan Stanley | 777,653 | $4.70M | 0.00% | −26,359−3.3% | Reduced |
| Advisors Asset Management, Inc. | 667,217 | $4.03M | 0.07% | −195,395−22.7% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 564,976 | $3.41M | 0.12% | +58,216+11.5% | Added |
| Raymond James Financial Inc | 548,110 | $3.31M | 0.00% | +21,509+4.1% | Added |
| Sit Investment Associates Inc | 502,949 | $3.04M | 0.06% | 00.0% | Unchanged |
| Invesco Ltd. | 339,368 | $2.05M | 0.00% | +77,955+29.8% | Added |
| Ameriprise Financial Inc | 307,887 | $1.84M | 0.00% | +82,224+36.4% | Added |
| Van Eck Associates Corp | 280,580 | $1.70M | 0.00% | +4,283+1.6% | Added |
| Kennedy Investment Group | 176,063 | $1.06M | 0.42% | −21,563−10.9% | Reduced |
| Cetera Investment Advisers | 134,592 | $812.9K | 0.00% | +78,078+138.2% | Added |
| Bank of America Corp | 131,223 | $792.6K | 0.00% | +5,971+4.8% | Added |
| LPL Financial LLC | 118,707 | $717.0K | 0.00% | −5,099−4.1% | Reduced |
| XML Financial, LLC | 111,165 | $671.4K | 0.05% | +53,565+93.0% | Added |
| Melfa Wealth Management, LLC | 95,856 | $579.0K | 0.34% | 00.0% | Unchanged |
| Royal Bank of Canada | 95,075 | $574.0K | 0.00% | +13,125+16.0% | Added |
| Rockefeller Capital Management L.P. | 79,700 | $481.4K | 0.00% | −1,021−1.3% | Reduced |
| Bridgewater Advisors Inc. | 76,102 | $462.7K | 0.03% | 00.0% | Unchanged |
| UBS Group AG | 72,060 | $435.2K | 0.00% | −14,850−17.1% | Reduced |
| Capital Investment Advisors, LLC | 69,445 | $419.4K | 0.01% | +389+0.6% | Added |
| Advisor Group Holdings, Inc. | 62,635 | $368.9K | 0.00% | +892+1.4% | Added |
| Oppenheimer & Co Inc | 60,274 | $364.1K | 0.00% | +804+1.4% | Added |
| Commonwealth Equity Services, LLC | 53,244 | $322.0K | 0.00% | −8,214−13.4% | Reduced |
| Allworth Financial LP | 45,129 | $272.6K | 0.00% | −58,113−56.3% | Reduced |
| Kestra Advisory Services, LLC | 44,477 | $268.6K | 0.00% | +3,842+9.5% | Added |
| U.S. Capital Wealth Advisors, LLC | 41,835 | $252.7K | 0.01% | +11,229+36.7% | Added |
| Tyche Wealth Partners LLC | 39,722 | $239.9K | 0.04% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 36,588 | $221.0K | 0.00% | −1,477−3.9% | Reduced |
| GWM Advisors LLC | 34,406 | $207.8K | 0.00% | +130.0% | Added |
| Gill Capital Partners, LLC | 33,467 | $202.1K | 0.06% | −8,070−19.4% | Reduced |
| Clear Creek Financial Management, LLC | 31,870 | $192.5K | 0.02% | 00.0% | Unchanged |
| WealthBridge Capital Management, LLC | 31,050 | $187.5K | 0.04% | 00.0% | Unchanged |
| Joseph P. Lucia & Associates, LLC | 29,832 | $180.2K | 0.07% | −1,000−3.2% | Reduced |
| Concurrent Investment Advisors, LLC | 29,014 | $175.2K | 0.00% | 00.0% | Unchanged |
| Everstar Asset Management, LLC | 28,900 | $174.6K | 0.10% | −912−3.1% | Reduced |
| Wesbanco Bank Inc | 27,700 | $167.3K | 0.00% | 00.0% | Unchanged |
| Burford Brothers, Inc. | 25,850 | $156.1K | 0.07% | 00.0% | Unchanged |
| Twin Focus Capital Partners, LLC | 23,993 | $144.9K | 0.02% | 00.0% | Unchanged |
| Ackerman Capital Advisors, LLC | 23,414 | $141.4K | 0.03% | +23,414 | New |
| Fortitude Advisory Group L.L.C. | 18,285 | $110.4K | 0.06% | 00.0% | Unchanged |
| Ashton Thomas Private Wealth, LLC | 17,327 | $104.7K | 0.00% | 00.0% | Unchanged |
| Noble Wealth Management PBC | 15,850 | $95.7K | 0.05% | +15,850 | New |
| Readystate Asset Management LP | 15,619 | $94.3K | 0.00% | +15,619 | New |
| United Bank | 14,400 | $87.0K | 0.03% | 00.0% | Unchanged |
| Hohimer Wealth Management, LLC | 14,395 | $86.9K | 0.01% | 00.0% | Unchanged |
| Meridian Wealth Management, LLC | 14,291 | $86.3K | 0.00% | 00.0% | Unchanged |
| Mariner, LLC | 14,034 | $84.8K | 0.00% | 00.0% | Unchanged |
| Regal Investment Advisors LLC | 13,606 | $82.2K | 0.01% | 00.0% | Unchanged |
| Procyon Private Wealth Partners, LLC | 12,803 | $77.3K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 12,519 | $75.6K | 0.00% | +34+0.3% | Added |
| Spire Wealth Management | 12,464 | $75.3K | 0.00% | 00.0% | Unchanged |
| Wedbush Securities Inc | 12,412 | $75.0K | 0.00% | −2,960−19.3% | Reduced |
| Kestra Private Wealth Services, LLC | 12,246 | $74.0K | 0.00% | 00.0% | Unchanged |
| J.W. Cole Advisors, Inc. | 12,022 | $72.6K | 0.00% | −259−2.1% | Reduced |
| Wealthcare Advisory Partners LLC | 12,018 | $72.6K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 11,873 | $71.7K | 0.00% | +1,873+18.7% | Added |
| Independent Financial Group, LLC | 11,753 | $71.0K | 0.00% | −1,000−7.8% | Reduced |
| AE Wealth Management LLC | 11,735 | $70.9K | 0.00% | 00.0% | Unchanged |
| Virtu Financial LLC | 11,498 | $69.0K | 0.00% | +11,498 | New |
| WealthCare Investment Partners, LLC | 10,000 | $61.4K | 0.02% | +10,000 | New |
| TCTC Holdings, LLC | 10,020 | $60.5K | 0.00% | 00.0% | Unchanged |
| Smallwood Wealth Investment Management, LLC | 9,000 | $54.4K | 0.03% | 00.0% | Unchanged |
| Duncker Streett & Co Inc | 7,000 | $42.3K | 0.01% | 00.0% | Unchanged |
| Activest Wealth Management | 6,600 | $39.9K | 0.01% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 5,322 | $32.1K | 0.00% | 00.0% | Unchanged |
| Global Wealth Strategies & Associates | 3,105 | $18.8K | 0.00% | +3,105 | New |
| Rothschild Investment LLC | 3,000 | $18.1K | 0.00% | 00.0% | Unchanged |
| ORG Wealth Partners, LLC | 2,749 | $16.6K | 0.00% | 00.0% | Unchanged |
| Ameriflex Group, Inc. | 2,400 | $14.5K | 0.01% | +2,400 | New |
| Geneos Wealth Management Inc. | 2,144 | $12.9K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 2,124 | $12.8K | 0.00% | 00.0% | Unchanged |
| Grove Bank & Trust | 1,959 | $11.8K | 0.00% | +1,959 | New |
| Concord Wealth Partners | 1,554 | $9.39K | 0.00% | 00.0% | Unchanged |
| Hilltop National Bank | 1,420 | $8.58K | 0.00% | 00.0% | Unchanged |
| Capital Analysts, LLC | 1,078 | $7.00K | 0.00% | +14+1.3% | Added |
| Wolverine Asset Management LLC | 1,000 | $6.04K | 0.00% | +1,000 | New |
| Mascoma Wealth Management LLC | 670 | $4.05K | 0.00% | 00.0% | Unchanged |
| CoreCap Advisors, LLC | 100 | $604 | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 72 | $435 | 0.00% | 00.0% | Unchanged |
| Huntington National Bank | – | $6 | 0.00% | – | – |
| Pathstone Holdings, LLC | 0 | $0 | 0.00% | −116,957−100.0% | Sold out |
| Brown Brothers Harriman & Co | 0 | $0 | 0.00% | −55,583−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −53,856−100.0% | Sold out |
| Financial Advocates Investment Management | 0 | $0 | 0.00% | −20,391−100.0% | Sold out |
| National Asset Management, Inc. | 0 | $0 | 0.00% | −18,473−100.0% | Sold out |
| Nomura Holdings Inc | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| US Bancorp | 0 | $0 | 0.00% | −7,149−100.0% | Sold out |
| Ameritas Advisory Services, LLC | 0 | $0 | 0.00% | −3,000−100.0% | Sold out |
| City Holding Co | 0 | $0 | 0.00% | −2,000−100.0% | Sold out |
| Disciplined Equity Management, Inc. | 0 | $0 | 0.00% | −140−100.0% | Sold out |
| JPMorgan Chase & Co | 0 | $0 | 0.00% | −55−100.0% | Sold out |
| Keudell/Morrison Wealth Management | – | – | – | – | Not filed |
| Avantax Advisory Services, Inc. | – | – | – | – | Not filed |