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 |
|---|---|---|---|---|---|
| Huntington National Bank | – | $6 | 0.00% | – | – |
| GAMMA Investing LLC | 72 | $435 | 0.00% | 00.0% | Unchanged |
| CoreCap Advisors, LLC | 100 | $604 | 0.00% | 00.0% | Unchanged |
| Mascoma Wealth Management LLC | 670 | $4.05K | 0.00% | 00.0% | Unchanged |
| Wolverine Asset Management LLC | 1,000 | $6.04K | 0.00% | +1,000 | New |
| Capital Analysts, LLC | 1,078 | $7.00K | 0.00% | +14+1.3% | Added |
| Hilltop National Bank | 1,420 | $8.58K | 0.00% | 00.0% | Unchanged |
| Concord Wealth Partners | 1,554 | $9.39K | 0.00% | 00.0% | Unchanged |
| Grove Bank & Trust | 1,959 | $11.8K | 0.00% | +1,959 | New |
| AdvisorNet Financial, Inc | 2,124 | $12.8K | 0.00% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 2,144 | $12.9K | 0.00% | 00.0% | Unchanged |
| Ameriflex Group, Inc. | 2,400 | $14.5K | 0.01% | +2,400 | New |
| ORG Wealth Partners, LLC | 2,749 | $16.6K | 0.00% | 00.0% | Unchanged |
| Rothschild Investment LLC | 3,000 | $18.1K | 0.00% | 00.0% | Unchanged |
| Global Wealth Strategies & Associates | 3,105 | $18.8K | 0.00% | +3,105 | New |
| The PNC Financial Services Group, Inc. | 5,322 | $32.1K | 0.00% | 00.0% | Unchanged |
| Activest Wealth Management | 6,600 | $39.9K | 0.01% | 00.0% | Unchanged |
| Duncker Streett & Co Inc | 7,000 | $42.3K | 0.01% | 00.0% | Unchanged |
| Smallwood Wealth Investment Management, LLC | 9,000 | $54.4K | 0.03% | 00.0% | Unchanged |
| TCTC Holdings, LLC | 10,020 | $60.5K | 0.00% | 00.0% | Unchanged |
| WealthCare Investment Partners, LLC | 10,000 | $61.4K | 0.02% | +10,000 | New |
| Virtu Financial LLC | 11,498 | $69.0K | 0.00% | +11,498 | New |
| AE Wealth Management LLC | 11,735 | $70.9K | 0.00% | 00.0% | Unchanged |
| Independent Financial Group, LLC | 11,753 | $71.0K | 0.00% | −1,000−7.8% | Reduced |
| Northwestern Mutual Wealth Management Co | 11,873 | $71.7K | 0.00% | +1,873+18.7% | Added |
| Wealthcare Advisory Partners LLC | 12,018 | $72.6K | 0.00% | 00.0% | Unchanged |
| J.W. Cole Advisors, Inc. | 12,022 | $72.6K | 0.00% | −259−2.1% | Reduced |
| Kestra Private Wealth Services, LLC | 12,246 | $74.0K | 0.00% | 00.0% | Unchanged |
| Wedbush Securities Inc | 12,412 | $75.0K | 0.00% | −2,960−19.3% | Reduced |
| Spire Wealth Management | 12,464 | $75.3K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 12,519 | $75.6K | 0.00% | +34+0.3% | Added |
| Procyon Private Wealth Partners, LLC | 12,803 | $77.3K | 0.00% | 00.0% | Unchanged |
| Regal Investment Advisors LLC | 13,606 | $82.2K | 0.01% | 00.0% | Unchanged |
| Mariner, LLC | 14,034 | $84.8K | 0.00% | 00.0% | Unchanged |
| Meridian Wealth Management, LLC | 14,291 | $86.3K | 0.00% | 00.0% | Unchanged |
| Hohimer Wealth Management, LLC | 14,395 | $86.9K | 0.01% | 00.0% | Unchanged |
| United Bank | 14,400 | $87.0K | 0.03% | 00.0% | Unchanged |
| Readystate Asset Management LP | 15,619 | $94.3K | 0.00% | +15,619 | New |
| Noble Wealth Management PBC | 15,850 | $95.7K | 0.05% | +15,850 | New |
| Ashton Thomas Private Wealth, LLC | 17,327 | $104.7K | 0.00% | 00.0% | Unchanged |
| Fortitude Advisory Group L.L.C. | 18,285 | $110.4K | 0.06% | 00.0% | Unchanged |
| Ackerman Capital Advisors, LLC | 23,414 | $141.4K | 0.03% | +23,414 | New |
| Twin Focus Capital Partners, LLC | 23,993 | $144.9K | 0.02% | 00.0% | Unchanged |
| Burford Brothers, Inc. | 25,850 | $156.1K | 0.07% | 00.0% | Unchanged |
| Wesbanco Bank Inc | 27,700 | $167.3K | 0.00% | 00.0% | Unchanged |
| Everstar Asset Management, LLC | 28,900 | $174.6K | 0.10% | −912−3.1% | Reduced |
| Concurrent Investment Advisors, LLC | 29,014 | $175.2K | 0.00% | 00.0% | Unchanged |
| Joseph P. Lucia & Associates, LLC | 29,832 | $180.2K | 0.07% | −1,000−3.2% | Reduced |
| WealthBridge Capital Management, LLC | 31,050 | $187.5K | 0.04% | 00.0% | Unchanged |
| Clear Creek Financial Management, LLC | 31,870 | $192.5K | 0.02% | 00.0% | Unchanged |
| Gill Capital Partners, LLC | 33,467 | $202.1K | 0.06% | −8,070−19.4% | Reduced |
| GWM Advisors LLC | 34,406 | $207.8K | 0.00% | +130.0% | Added |
| Cambridge Investment Research Advisors, Inc. | 36,588 | $221.0K | 0.00% | −1,477−3.9% | Reduced |
| Tyche Wealth Partners LLC | 39,722 | $239.9K | 0.04% | 00.0% | Unchanged |
| U.S. Capital Wealth Advisors, LLC | 41,835 | $252.7K | 0.01% | +11,229+36.7% | Added |
| Kestra Advisory Services, LLC | 44,477 | $268.6K | 0.00% | +3,842+9.5% | Added |
| Allworth Financial LP | 45,129 | $272.6K | 0.00% | −58,113−56.3% | Reduced |
| Commonwealth Equity Services, LLC | 53,244 | $322.0K | 0.00% | −8,214−13.4% | Reduced |
| Oppenheimer & Co Inc | 60,274 | $364.1K | 0.00% | +804+1.4% | Added |
| Advisor Group Holdings, Inc. | 62,635 | $368.9K | 0.00% | +892+1.4% | Added |
| Capital Investment Advisors, LLC | 69,445 | $419.4K | 0.01% | +389+0.6% | Added |
| UBS Group AG | 72,060 | $435.2K | 0.00% | −14,850−17.1% | Reduced |
| Bridgewater Advisors Inc. | 76,102 | $462.7K | 0.03% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 79,700 | $481.4K | 0.00% | −1,021−1.3% | Reduced |
| Royal Bank of Canada | 95,075 | $574.0K | 0.00% | +13,125+16.0% | Added |
| Melfa Wealth Management, LLC | 95,856 | $579.0K | 0.34% | 00.0% | Unchanged |
| XML Financial, LLC | 111,165 | $671.4K | 0.05% | +53,565+93.0% | Added |
| LPL Financial LLC | 118,707 | $717.0K | 0.00% | −5,099−4.1% | Reduced |
| Bank of America Corp | 131,223 | $792.6K | 0.00% | +5,971+4.8% | Added |
| Cetera Investment Advisers | 134,592 | $812.9K | 0.00% | +78,078+138.2% | Added |
| Kennedy Investment Group | 176,063 | $1.06M | 0.42% | −21,563−10.9% | Reduced |
| Van Eck Associates Corp | 280,580 | $1.70M | 0.00% | +4,283+1.6% | Added |
| Ameriprise Financial Inc | 307,887 | $1.84M | 0.00% | +82,224+36.4% | Added |
| Invesco Ltd. | 339,368 | $2.05M | 0.00% | +77,955+29.8% | Added |
| Sit Investment Associates Inc | 502,949 | $3.04M | 0.06% | 00.0% | Unchanged |
| Raymond James Financial Inc | 548,110 | $3.31M | 0.00% | +21,509+4.1% | Added |
| Hennion & Walsh Asset Management, Inc. | 564,976 | $3.41M | 0.12% | +58,216+11.5% | Added |
| Advisors Asset Management, Inc. | 667,217 | $4.03M | 0.07% | −195,395−22.7% | Reduced |
| Morgan Stanley | 777,653 | $4.70M | 0.00% | −26,359−3.3% | Reduced |
| Guggenheim Capital LLC | 973,859 | $5.88M | 0.04% | −23,708−2.4% | Reduced |
| Wells Fargo & Company | 1,096,564 | $6.62M | 0.00% | +101,051+10.2% | Added |
| 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 |