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, Q4 2025
Institutional positions in Franklin Managed Municipal Income Trust as of Dec 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
- 90
- +9 vs. Q3 2025
- Shares held
- 9.47M
- +1.20M (+14.6%) vs. Q3 2025
- Total value
- $59.4M
- +$9.46M (+19.0%) vs. Q3 2025
- New holders
- 18
- 15 more added
- Sold out
- 9
- 23 more reduced
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Franklin Managed Municipal Income Trust; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Huntington National Bank | – | $6 | 0.00% | – | – |
| GAMMA Investing LLC | 72 | $451 | 0.00% | 00.0% | Unchanged |
| CoreCap Advisors, LLC | 100 | $627 | 0.00% | 00.0% | Unchanged |
| CDKV Holdings LLC | 661 | $4.14K | 0.00% | +661 | New |
| Mascoma Wealth Management LLC | 670 | $4.20K | 0.00% | 00.0% | Unchanged |
| Ameriflex Group, Inc. | 1,200 | $7.52K | 0.00% | −1,200−50.0% | Reduced |
| Hilltop National Bank | 1,420 | $8.90K | 0.00% | 00.0% | Unchanged |
| Concord Wealth Partners | 1,554 | $9.74K | 0.00% | 00.0% | Unchanged |
| Grove Bank & Trust | 1,959 | $12.3K | 0.00% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 2,124 | $13.3K | 0.00% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 2,144 | $13.4K | 0.00% | 00.0% | Unchanged |
| Old Point Trust & Financial Services N A | 2,684 | $16.8K | 0.01% | +2,684 | New |
| ORG Wealth Partners, LLC | 2,749 | $17.2K | 0.00% | 00.0% | Unchanged |
| Asset Dedication, LLC | 2,823 | $17.7K | 0.00% | +2,823 | New |
| Rothschild Investment LLC | 3,000 | $18.8K | 0.00% | 00.0% | Unchanged |
| Global Wealth Strategies & Associates | 3,105 | $19.5K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 4,110 | $25.8K | 0.00% | −1,212−22.8% | Reduced |
| Activest Wealth Management | 4,500 | $28.2K | 0.01% | −2,100−31.8% | Reduced |
| International Assets Investment Management, LLC | 5,679 | $35.6K | 0.00% | +5,679 | New |
| Duncker Streett & Co Inc | 7,000 | $43.9K | 0.01% | 00.0% | Unchanged |
| Gunpowder Capital Management, LLC dba Oliver Wealth Management | 7,100 | $44.5K | 0.03% | +7,100 | New |
| Northwestern Mutual Wealth Management Co | 7,256 | $45.5K | 0.00% | −4,617−38.9% | Reduced |
| Smallwood Wealth Investment Management, LLC | 9,000 | $56.4K | 0.03% | 00.0% | Unchanged |
| WealthCare Investment Partners, LLC | 10,000 | $62.0K | 0.02% | 00.0% | Unchanged |
| U.S. Capital Wealth Advisors, LLC | 10,000 | $62.7K | 0.00% | −31,835−76.1% | Reduced |
| TCTC Holdings, LLC | 10,020 | $62.8K | 0.00% | 00.0% | Unchanged |
| Mesirow Financial Investment Management, Inc. | 10,069 | $63.1K | 0.00% | +10,069 | New |
| Umb Bank N A | 11,200 | $70.2K | 0.00% | +11,200 | New |
| AE Wealth Management LLC | 11,735 | $73.6K | 0.00% | 00.0% | Unchanged |
| Wealthcare Advisory Partners LLC | 12,018 | $75.4K | 0.00% | 00.0% | Unchanged |
| Citadel Advisors LLC | 12,065 | $75.6K | 0.00% | +12,065 | New |
| Wedbush Securities Inc | 12,412 | $78.0K | 0.00% | 00.0% | Unchanged |
| Spire Wealth Management | 12,464 | $78.1K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 12,551 | $78.7K | 0.00% | +32+0.3% | Added |
| Procyon Private Wealth Partners, LLC | 12,803 | $80.3K | 0.00% | 00.0% | Unchanged |
| Regal Investment Advisors LLC | 13,606 | $85.3K | 0.01% | 00.0% | Unchanged |
| Mariner, LLC | 14,034 | $88.0K | 0.00% | 00.0% | Unchanged |
| Meridian Wealth Management, LLC | 14,291 | $89.6K | 0.00% | 00.0% | Unchanged |
| Kennedy Investment Group | 14,748 | $92.5K | 0.03% | −161,315−91.6% | Reduced |
| Nomura Holdings Inc | 16,250 | $101.9K | 0.00% | +16,250 | New |
| Noble Wealth Management PBC | 16,793 | $105.3K | 0.05% | +943+5.9% | Added |
| Ashton Thomas Private Wealth, LLC | 17,327 | $108.6K | 0.00% | 00.0% | Unchanged |
| Fortitude Advisory Group L.L.C. | 18,285 | $114.6K | 0.05% | 00.0% | Unchanged |
| Cohen & Steers, Inc. | 20,000 | $125.0K | 0.00% | +20,000 | New |
| Everstar Asset Management, LLC | 22,200 | $139.2K | 0.07% | −6,700−23.2% | Reduced |
| Twin Focus Capital Partners, LLC | 23,993 | $150.4K | 0.02% | 00.0% | Unchanged |
| GWM Advisors LLC | 24,419 | $153.1K | 0.00% | −9,987−29.0% | Reduced |
| Burford Brothers, Inc. | 25,850 | $162.1K | 0.07% | 00.0% | Unchanged |
| Wesbanco Bank Inc | 27,700 | $173.7K | 0.00% | 00.0% | Unchanged |
| Joseph P. Lucia & Associates, LLC | 27,986 | $175.5K | 0.06% | −1,846−6.2% | Reduced |
| Concurrent Investment Advisors, LLC | 29,014 | $181.9K | 0.00% | 00.0% | Unchanged |
| Clear Creek Financial Management, LLC | 31,870 | $199.8K | 0.02% | 00.0% | Unchanged |
| Gill Capital Partners, LLC | 31,984 | $200.5K | 0.06% | −1,483−4.4% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 33,225 | $208.0K | 0.00% | −3,363−9.2% | Reduced |
| WealthBridge Capital Management, LLC | 34,000 | $213.2K | 0.05% | +2,950+9.5% | Added |
| Kestra Advisory Services, LLC | 34,852 | $218.5K | 0.00% | −9,625−21.6% | Reduced |
| HighTower Advisors, LLC | 34,926 | $219.0K | 0.00% | +34,926 | New |
| Ackerman Capital Advisors, LLC | 37,584 | $235.7K | 0.05% | +14,170+60.5% | Added |
| Jane Street Group, LLC | 38,851 | $243.6K | 0.00% | +38,851 | New |
| Tyche Wealth Partners LLC | 39,722 | $249.1K | 0.04% | 00.0% | Unchanged |
| Allworth Financial LP | 42,129 | $264.1K | 0.00% | −3,000−6.6% | Reduced |
| Susquehanna International Group, LLP | 45,301 | $284.0K | 0.00% | +45,301 | New |
| Advisor Group Holdings, Inc. | 48,047 | $301.3K | 0.00% | −14,588−23.3% | Reduced |
| Commonwealth Equity Services, LLC | 53,629 | $336.3K | 0.00% | +385+0.7% | Added |
| Oppenheimer & Co Inc | 57,294 | $359.2K | 0.01% | −2,980−4.9% | Reduced |
| Keudell/Morrison Wealth Management | 59,600 | $373.7K | 0.08% | +59,600 | New |
| Capital Investment Advisors, LLC | 60,369 | $378.5K | 0.01% | −9,076−13.1% | Reduced |
| XML Financial, LLC | 67,563 | $423.6K | 0.03% | −43,602−39.2% | Reduced |
| Rockefeller Capital Management L.P. | 72,420 | $454.1K | 0.00% | −7,280−9.1% | Reduced |
| UBS Group AG | 73,080 | $458.2K | 0.00% | +1,020+1.4% | Added |
| Bridgewater Advisors Inc. | 76,102 | $474.9K | 0.03% | 00.0% | Unchanged |
| Royal Bank of Canada | 92,194 | $578.0K | 0.00% | −2,881−3.0% | Reduced |
| Melfa Wealth Management, LLC | 95,856 | $601.0K | 0.35% | 00.0% | Unchanged |
| G2 Capital Management, LLC | 107,416 | $673.5K | 0.16% | +107,416 | New |
| Wiley Bros.-Aintree Capital, LLC | 119,560 | $749.6K | 0.00% | +119,560 | New |
| Cetera Investment Advisers | 130,062 | $815.5K | 0.00% | −4,530−3.4% | Reduced |
| Bank of America Corp | 136,639 | $856.7K | 0.00% | +5,416+4.1% | Added |
| LPL Financial LLC | 188,605 | $1.18M | 0.00% | +69,898+58.9% | Added |
| Sit Investment Associates Inc | 221,351 | $1.39M | 0.03% | −281,598−56.0% | Reduced |
| Robinson Capital Management, LLC | 230,145 | $1.44M | 0.61% | +230,145 | New |
| Rivernorth Capital Management, LLC | 274,720 | $1.72M | 0.08% | +274,720 | New |
| Ameriprise Financial Inc | 290,872 | $1.82M | 0.00% | −17,015−5.5% | Reduced |
| Van Eck Associates Corp | 318,677 | $2.00M | 0.00% | +38,097+13.6% | Added |
| Invesco Ltd. | 417,901 | $2.62M | 0.00% | +78,533+23.1% | Added |
| Raymond James Financial Inc | 627,050 | $3.93M | 0.00% | +78,940+14.4% | Added |
| Morgan Stanley | 783,384 | $4.91M | 0.00% | +5,731+0.7% | Added |
| Advisors Asset Management, Inc. | 867,048 | $5.44M | 0.09% | +199,831+29.9% | Added |
| Guggenheim Capital LLC | 937,993 | $5.88M | 0.04% | −35,866−3.7% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 1,009,350 | $6.33M | 0.22% | +444,374+78.7% | Added |
| Wells Fargo & Company | 1,111,767 | $6.97M | 0.00% | +15,203+1.4% | Added |
| Readystate Asset Management LP | 0 | $0 | 0.00% | −15,619−100.0% | Sold out |
| United Bank | 0 | $0 | 0.00% | −14,400−100.0% | Sold out |
| Hohimer Wealth Management, LLC | 0 | $0 | 0.00% | −14,395−100.0% | Sold out |
| Kestra Private Wealth Services, LLC | 0 | $0 | 0.00% | −12,246−100.0% | Sold out |
| J.W. Cole Advisors, Inc. | 0 | $0 | 0.00% | −12,022−100.0% | Sold out |
| Independent Financial Group, LLC | 0 | $0 | 0.00% | −11,753−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −11,498−100.0% | Sold out |
| Capital Analysts, LLC | 0 | $0 | 0.00% | −1,078−100.0% | Sold out |
| Wolverine Asset Management LLC | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |